Capital Group appoints new investment head

Capital Group Capital Group Australia appointment investment director investment strategy asset allocation colonial first state Colonial First State Asset Management CFSAM australian equities QED Capital UBS Securities Australia Goldman Sachs JB Were bt funds management Any Budden Paul Hennessy

25 October 2018
| By Oksana Patron |
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:


Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry



Old Fella

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

11 hours 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...

21 hours ago

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 17 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....

6 days 19 hours ago