Credit Suisse balanced funds head to retire
Credit Suisse Asset Management(CSAM) head of balanced funds Lindsay Gibson will retire from his portfolio management role at the end of June this year.
Gibson will continue his association with the company after his retirement, with plans to join the Board as a non-executive director and maintain a number of client relationships.
Neale Goldston-Morris will replace Lindsay Gibson as the balanced funds representative on the Investment Committee, which retains responsibility for the balanced funds strategy. The transition will commence immediately, with the handover to be completed in June.
Previously head of strategy atDeutsche Bank, Goldston-Morris joined CSAM in August last year focusing on equity strategy and asset allocation.
Gibson has been with CSAM since 1992, with the company experiencing growth in funds under management from $400 million to over $20 billion during this time. Gibson was responsible for the management of over $3 billion in balanced funds.
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