WAM names new portfolio manager
Wilson Asset Management (WAM) has appointed a global fund manager and its past employee, Catriona Burns as the new lead portfolio manager for WAM Global.
She would recommence her work for WAM mid-February, the company said.
Burns began her funds management career with WAM in 2003 and left for London in 2007 to manage global equities.
WAM’s chairman, Geoff Wilson commented: “I have known Catriona for more than 14 years and she is a brilliant fund manager who knows our investment process intimately.”
“We are delighted that she will lead WAM Global and provide investors with an outstanding opportunity to gain access to diversified portfolio of undervalued international growth companies.”
The company also said that WAM Capital, WAM Leaders, WAM Microcap, WAM Research and WAM Active shareholders would receive a priority allocation in the WAM Global initial public offering that would be expected to launch in late April.
AUTHOR
Oksana Patron
Recommended for you
JP Morgan Asset Management has appointed an ETF specialist from Vanguard as it seeks to expand its ETF range.
The alternative asset manager has expanded its Singapore office with a head of Asian distribution, representing a “critical step” for the Asian business, where it is seeking to launch new offerings.
Six Australasian sustainable funds closed in the last quarter, according to Morningstar, while 39 per cent of all strategies saw outflows during the period.
The bank and financial services firm has appointed its next CEO for Australia and New Zealand, while its previous chief for the region takes up a new position.
