US fund manager names Asia Pacific distribution head
California-based employee-owned investment management firm, Causeway Capital Management, has appointed John Landau, a former head of Australasia for Janus Capital, as its new director of Asia Pacific distribution.
The firm manages global, international, emerging market and absolute return equities, with clients including corporations, pension plans, sovereign wealth funds, superannuation funds, public retirement plans, foundations and both private trusts and funds, among others.
Causeway, which manages approximately US$58 billion in assets and employs over 80 people, said it had a number of long-held institutional relationships with clients in Australia.
Causeway’s chief executive, Sarah Ketterer said: “The Asia-Pacific region, including Australia in particular, is an important market for Causeway.”
“We already have long-held relationships and manage considerable assets in the region and John’s appointment provides us with senior representation, an expanded network and proven business development capabilities.”
From 2007 to 2017, Landau was the head of Australasia at Janus Capital Asia, where he established the firm’s Melbourne office and led the Australian operation of the business.
Prior to that, he was a senior manager with the Bank of Ireland Asset Management, where he was responsible for institutional business development in Australasia.
Landau also served as an investment manager with Victorian Funds Management Corporation (VFMC) from 1994 and 1998
Recommended for you
There is one specific risk that is a significantly higher concern for financial services directors compared to companies overall and is impacting their risk appetite, according to the AICD.
Global fund managers are shunning bonds, with the asset class seeing the largest drop in allocations in more than 20 years.
Australian Ethical has seen its funds under management reach $10 billion, driven by organic customer growth and superannuation contributions.
Financial advisers will have access to private equity investments run by WTW for the first time as it launches a pooled fund to provide savers with access to traditionally institutional assets.
