Lonsec expands executive team with former S&P staffer
Former Standard & Poor's Fund Service head of fixed income managed funds research David Erdonmez will join Lonsec as general manager - managed funds research.
In his new role, he will be responsible for managing a team of analysts undertaking core managed funds research and ensuring ongoing development of the research process.
In other senior executive changes, the role of Michael Elsworth has been expanded to general manager - specialised research in line with the research house's coverage of investment products.
With the demand growing for specialised products, including direct assets, exchange traded funds and separately managed accounts, Amanda Gillespie, chief executive of Lonsec's research business, said the research house has boosted the number of analysts covering the area.
"This expansion of Michael's roles will position Lonsec to continue delivering high quality research across these evolving sectors," she said.
Lonsec has also promoted Paul Pavlidis - head of ratings - equity and property managed funds - to chief operating officer, with overall responsibility for business management.
Recommended for you
Financial advice platform Otivo has made an experienced appointment from the US as its head of product strategy.
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.