FIIG Securities appoints new fixed income head
Australia’s fixed income specialist, FIIG Securities has appointed Stephen Mackie as its new director of fixed income, in a move to support the company’s growth.
Mackie, who brought over 25 years’ experience in global multi-asset markets, would join the firm’s Brisbane-based team which currently has more than $10 billion in terms deposits and corporate bonds under advice.
Prior to this, he worked at QIC as an investment specialist and held a variety of directorial roles, which included Head of European Swaps Trading at RBC Capital Markets, Head of AUD Swaps Trading at Citi as well as being a portfolio manager at Kapstream Capital and chief dealer in Swaps Trading at Commonwealth Bank.
In his new role, he would manage investments for clients ranging from individuals to corporates.
FIIG Securities’ sate manager, Queensland, Mark Connors said: “FIIG is seeing a growing number of investors and organisations interested in fixed income investments, including corporate bonds and short-term money markets, and is growing our team accordingly.”
“Having previously held roles at major investments banks in Australia and abroad, Stephen adds further depth and breadth to our team.”
Recommended for you
Apostle Funds Management has appointed the newly created position of director, head of wholesale as the firm expands its Australian footprint in the wholesale sector.
Recruitment manager Robert Half has shared the most in-demand roles in financial services that firms are finding difficult to fill, driven by ASIC’s growing focus on risk and compliance.
ASIC chief executive, Warren Day, is among senior executives to depart the corporate regulator amid changes to its leadership team.
Iress has completed the sale of its platform business, bringing $4.1 billion in funds under administration over to Praemium.
