MacarthurCook appoints former IOOF exec

By Craig Phillips

Boutiqueproperty fund manager MacarthurCook Investment Management has completed the second part of an executive search commenced last year for two senior staffers, with a newly appointed head of distribution.

The appointment to the role of formerIOOFhead of business development, John Hyslop, who will be responsible for marketing MacarthurCook’s range of property and mortgage funds to the retail and wholesale markets, adds to last year’s posting of Chris Calvert to head up the property investments division.

Calvert joined in July 2003 from the $2.5 billion Industry Superannuation Property Trust (ISPT), where he was responsible for managing the industrial property component of the trust.

As for Hyslop, he joins the Melbourne-based group having previously worked atColonial First State, where he was involved in the launch of the FirstChoice platform. In addition, Hyslop has also worked forNavigatorand was also previously national sales manager of financial administration service provider, Summit.

Hyslop will also be entrusted with developing the St George Bank/Ascalon relationship with the group, given Ascalon’s position as MacarthurCook’s largest shareholder.

MacarthurCook managing director Craig Dunstan says Hyslop’s extensive senior management experience over the past 15 years will be invaluable in growing the firm’s presence in high growth platform distribution channels.