NAM loses senior property executive
National Asset Management has lost its most senior property manager with the resignation of Graham Brewer.
National Asset Management has lost its most senior property manager with the resignation of Graham Brewer.
Brewer, who has been credited with reviving the fund manager’s flagging property portfolio, has left to become managing director of Melbourne-based Specific Property Services (SPS). SPS specialises in syndicated commercial property developments, structured investments and tax-effective property acquisitions.
“Mine is a building role to develop strategy and initiate and maintain senior commercial relationships within the property and investment industry as well as identify and develop strategic investment vehicles to support the objectives of SPS,” Brewer says.
The objective of SPS is to aggressively target new opportunities for property syndication and innovative development financing, he says.
Brewer says he left NAM to seek new horizons.
“The job of restoring the property portfolio at NAM was complete and I was looking for a challenge,” he says.
“SPS was looking for a new managing director and the timing was perfect.”
Recommended for you
Infrastructure assets are well-positioned to hedge against global uncertainty and can enhance the diversification of traditional portfolios with their evergreen characteristics, an investment chief believes.
Volatility in US markets means currency is becoming a critical decision factor in Australian investors’ ETF selection this year.
Clime Investment Management is overhauling the selection process for its APLs, with managing director Michael Baragwanath describing the threat of a product failure affecting clients as “pure nightmare fuel”.
Global X will expand its ETF range of exchange-traded funds next month with a low-cost Australian equity product as it chases ambitions of becoming a top issuer of ETFs in Australia.