Aus Ethical CIO to depart

Australian Ethical CIO

26 September 2022
| By Laura Dew |
image
image
expand image

Australian Ethical Investment chief investment officer, David Macri, is to depart the firm after 14 years.

He would leave at the end of 2022 and the firm said a global search for a new CIO was underway.

Managing director, John McMurdo, said: “David was responsible for developing investment strategies and processes that enabled our funds to deliver excellent investment performance over the last decade and has worked tirelessly to demonstrate that you don’t need to compromise on investment performance to invest ethically.

“He has built and led a highly-capable investment team which we are confident will continue to deliver long-term investment performance for our investors.”

Macri said: “While I will greatly miss working alongside such an experienced and capable team, after more than a decade as CIO, now feels like a natural juncture to assess my next challenge and allow others to build on what has been achieved”.

 

 

Read more about:

AUTHOR

Add new comment

The content of this field is kept private and will not be shown publicly.

Recommended for you

 
sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

 

MARKET INSIGHTS

Old Fella

Of course a survey commissioned by an adviser coaching business would find that having an external business coach is a k...

15 hours 36 minutes ago
One foot out the door

A financial planner is expected to earn between $95,000 and $120,000 per year, depending on the state. Really? I don't...

1 day ago
JOHN GILLIES

The whole thing is a bit frightening especially the last note where notes on what might be done could result in the need...

1 day 22 hours ago

ASIC has cancelled the AFS licence of a Sydney wealth firm, the fifth Sydney firm to see a cancellation since the start of the year....

1 week 6 days ago

A former financial adviser has been banned by ASIC from providing financial services for inappropriate advice, among multiple breaches....

4 weeks ago

More than 20 winners from the funds management industry have been crowned at this year’s awards....

1 week ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND