Capital Group appoints new investment head

Capital-Group/appointment/investment-strategy/asset-allocation/colonial-first-state/australian-equities/Goldman-Sachs/JB-Were/bt-funds-management/

25 October 2018
| By Oksana Patron |
image
image
expand image

Capital Group Australia has appointed Matthew Reynolds as its new investment director, Australia.

In his new role, Reynolds would be responsible for providing strategic advice on investment strategy and asset allocation to Capital group’s clients as well as adviser and wholesale markets.

Reynolds joined from Colonial First State Asset Management (CFSAM) where he was most recently head of the Australian Equities team. His previous roles also included portfolio management and equity analyst roles at QED Capital, UBS Securities Australia, Goldman Sachs, JB Were and BT Funds Management.

Paul Hennessy, managing director of Capital Group, Australia said this was a significant hire which demonstrated firm’s commitment to “progressively build out the business”.

“We are delighted to have secured someone with Matthew’s calibre and track record. His significant expertise in financial markets and portfolio management will allow him to play a vital role in representing our investment services to Australian investors,” he said.

Reynolds would report to the group’s head of investment specialist for Asia Pacific, Andy Budden.

Capital Group currently manages US$1.8 trillion in assets around the world.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

3 months 1 week ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

3 months 2 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

5 months 2 weeks ago

A financial advice firm has been penalised $11 million in the Federal Court for providing ‘cookie cutter advice’ to its clients and breaching conflicted remuneration rule...

3 weeks 1 day ago

Prime Minister Anthony Albanese has confirmed who will succeed Stephen Jones to serve as the Assistant Treasurer and Financial Services Minister. ...

4 days 12 hours ago

ASIC has permanently banned a former Perth adviser after he made “materially misleading” statements to induce investors. ...

2 weeks 1 day ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
93.34 3 y p.a(%)
2
5
Plato Global Alpha A
28.83 3 y p.a(%)