NWQ appoints new MD
Perth-based boutique funds management firm, NWQ Capital Management has appointed Stuart McClure as its managing director.
McClure has over 19 years of experience in financial markets, and was most recently based in Toronto, Canada as the managing director and business head of Macquarie Global Investments.
Commenting on his appointment, McClure said "NWQ's unique approach to safeguarding investor capital is timely given the current investment climate and we are excited to take this story to a much broader audience."
NWQ managing partner, Jon Horton, said McClure's Australian and North American experience would help the firm execute opportunities.
"In addition to significant growth in our traditional client base of family offices and not-for-profit foundations, we are now responding to a much broader demand for our capabilities including a market neutral style of investing," Horton said.
"Stuart's track record of product development and collaboration with distributors around specialist and alternative investments will be transformative for NWQ as we build out both our distribution and product set."
Recommended for you
Global asset manager Janus Henderson could be acquired after receiving a non-binding acquisition proposal jointly from a private investment firm and venture capital firm.
Investment manager Salter Brothers has partnered with private equity firm Kilara Capital to launch an Australian sustainable investment platform focusing on decarbonisation.
Fresh off launching three active ETFs to the Australian market, Avantis Investors is already planning to expand its range with two further products next year.
Ausbil is growing its active ETF range with an ESG product in collaboration with sister company Candriam.
