Sokulsky to lead internalised management at Aberdeen
Former Crestone chief investment officer, Dr David Sokulsky has been appointed as chief executive officer and chief investment officer of Aberdeen Asset Management’s Aberdeen Leaders Limited.
Confirmation of Sokulsky’s appointment followed on from the news that Crestone had appointed former UBS chief economist, Scott Haslem as Sokulsky’s successor.
Announcing Sokulsky’s appointment to the Australian Securities Exchange (ASX), Aberdeen said it had followed its decision to internalise the management of the company.
“The overall investment strategy of Aberdeen Leaders Limited will not change with this appointment,” the ASX announcement said.
It said Sokulsky, together with a small team of yet to be appointed investment professionals, would ensure the investment universe and distribution policy of the company remained the same.
“While continuing to focus on fundamentally strong companies with attractive valuations, the tam will also place a heavy emphasis on top-down macro or sector tailwinds,” it said.
Recommended for you
Private investment opportunities are moving up on the list of what investors want from their financial advisers, according to Natixis IM, and over half of firms say they are offering them more strategies.
Two asset managers have each expanded their product suite with the launch of new global equity funds for Australian investors.
Platinum Asset Management has put its two closed-end funds under strategic review in a bid to reduce the share price discount to pre-tax NTA and maximise shareholder value.
In the latest Meet the Manager profile, Money Management speaks with Michael Skinner, founder and managing director at Blackwattle Investment Partners.