Hastings Funds Management CEO retires


Hastings Funds Management has announced the retirement of Steve Boulton as chief executive officer (CEO) and director of Hastings after just over three years in the position.
Boulton was appointed to the role of CEO of Hastings in September 2007, and prior to that held the position of CEO at Babcock & Brown Infrastructure.
Taking his place in the interim is Alan Freer, who has an intimate knowledge of the company and has previously served as a board member and as acting CEO.
Hastings is currently recruiting for a new CEO, and stated that Boulton was committed to achieving a smooth transition to Freer while the company searched for his replacement.
Recommended for you
AUSIEX has announced it will acquire FIIG, a specialist fixed income provider with $4.5 billion in funds under advice.
Platinum Asset Management has announced it is in discussions with a global alternatives fund manager regarding a possible merger to create an $18 billion firm.
Frontier Advisors has bolstered its Japanese footprint through a partnership with the $350 billion asset management arm of Nippon Life Insurance Company.
JP Morgan Asset Management has appointed an ETF specialist from Vanguard as it seeks to expand its ETF range.