Pupelis replaces Kasian at Equity Trustees
Equity Trustees' head of asset management, Dr Paul Kasian has resigned, with the firm's head of cash and fixed income, Lance Pupelis,taking on the role on an interim basis.
Kasian's resignation was made immediate effect yesterday, Equity Trustees managing director, Robin Burns said.
The firm announced that Pupelis — who joined the company as part of the acquisition of the ANZ Trustees business in 2014 - has been appointed to head the asset management team on an interim basis.
"The in-house Asset Management function remains steadfastly committed to our long term investment philosophy. It is an approach which has been developed and implemented over many decades by our team of experienced investment professionals," Burns said.
"I am very confident that the team will continue to provide the strong investment performance, service and advice that our clients expect and deserve.
"I take this opportunity to thank Dr Kasian for his contribution to Equity Trustees since 2013 when he joined us, and wish him all the best in his future," he concluded.
AUTHOR
Nicholas O'Donoghue
Recommended for you
Being able to provide certainty about redemptions is worth fund managers pursuing when targeting the retail market even if it means sacrificing returns, according to Federation Asset Management.
Regal chief investment officer Philip King will step down from listed investment company VGI Partners Global Investments after the LIC reported a loss of $17.6 million for FY25.
Real asset commentators have shared what advisers should be considering when conducting their due diligence on the assets and how they can mitigate illiquidity for retail clients.
GQG Partners has announced net flows were down 28 per cent in the first half of 2025, with redemption pressure particularly hitting Australia.
