Powered by MOMENTUM MEDIA
moneymanagement logo
 
 

abrdn wholesale director departs

abrdn/distribution/

22 May 2023
| By Rhea Nath |
image
image image
expand image

Leadership changes continue at abrdn Australia, with its head of wholesale distribution for Queensland, NSW and ACT exiting to join Atrium Investment Management. 

Laura Mitchell had been with the global investment firm for over 12 years and had held the senior role since March 2022. In her time at abrdn, she had held various roles across operations, client services and business development.

She had been the first person to participate in the abrdn graduate program in the Sydney office.

Previously, she had served as a committee member on the Financial Services Council (FSC) for over a year. 

Her departure would follow a series of people moves and management changes at the Australian business.

Earlier this year, abrdn head of Australian equities, Michelle Lopez, announced she would depart the firm after 18 years.

It followed the decision by abrdn to appoint boutique fund manager SG Hiscock to manage its Australian equity fund range and manage wholesale distribution in Australia, which formally took place on 17 April.

As part of this change, three investment professionals from the abrdn Australian equity team would join SG Hiscock to form an eight-person investment team, and portfolio manager Hamish Tadgell would be the lead manager. 

Additionally, Jeremy Lawson, chief economist and head of the abrdn Research Institute, announced he would exit the firm to join the Reserve Bank of Australia as deputy head of the international department in the second half of this year. 
 

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...

1 week 1 day ago

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

1 month ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

1 month 1 week ago

ASIC has released the results of the latest adviser exam, with August’s pass mark improving on the sitting from a year ago. ...

1 week 4 days ago

The inquiry into the collapse of Dixon Advisory and broader wealth management companies by the Senate economics references committee will not be re-adopted. ...

2 weeks 4 days ago

While the profession continues to see consolidation at the top, Adviser Ratings has compared the business models of Insignia and Entireti and how they are shaping the pro...

2 weeks 6 days ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND