RARE opens new office in Brisbane
RARE Infrastructure has opened a new office in Brisbane as part of the company's expansion strategy of its Australian retail sales team, while Nathan Ahboo has been appointed as its new regional manager for Queensland and Western Australia.
Ahboo, who has almost 20 years of experience in listed and unlisted fixed income, insurance, wholesale trading and cash platforms and held senior roles at MLC and NAB Group, joined RARE from CommSec where he served as business development manager.
RARE's head of global partnerships and co-head of retail distribution, Matt Bushby, said: "Nathan brings a wealth of experience to RARE with a proven record of establishing and growing long-term client relationships".
"His hire supports our Australian retail strategy and will enable RARE to provide a greater level of support to advisers in both Queensland and Western Australia.
"We are excited to have someone of Nathan's calibre join our team."
Recommended for you
Ten Cap has announced it will launch its first active ETF on the ASX later this month, expanding retail access to its flagship Australian equities strategy.
Flows into cash and fixed income ETFs rose by 46 per cent in October with investors particularly demonstrating a preference for Australian credit ETFs as they move away from AT1 bank hybrids.
Having identified Australia as a growth market, J.P. Morgan Asset Management has collaborated with Betashares to offer two multi-asset managed portfolios on its Direct platform, the first funds on the platform from an external manager.
First Sentier has announced it will transition the Stewart Investors investment management responsibilities to its affiliate investment team in light of three senior portfolio manager exits.

