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MacarthurCook headhunts ahead of launch

property/compliance/mortgage/fund-manager/

3 November 2003
| By Craig Phillips |

Boutique property fund manager MacarthurCook Investment Management is seeking to appoint a new head of distribution and property investment as it gears up to launch its first funds before the end of the calendar year.

The group, which has already appointed three new staff in anticipation of launching an industrial and a healthcare property based fund, is seeking to target the post-retiree market with the funds providing investors with an income stream, according to MacarthurCook founder and managing director Craig Dunstan.

“The focus of our business is to target retirees who are looking for an income from their investments and we believe mortgages and property assets provide the best strategy for achieving this,” Dunstan says.

Dunstan says the group is at the interview stage for the two senior roles relating to distribution and property, but has signed up other people elsewhere.

Former mortgage administration manager within theAustralian UnityMortgage Income Trust, Vicki Smith, has been appointed as mortgage administration manager and has 20 years experience in the area.

The group has also appointed former United Energy company secretary Lyndon Goulding in the same capacity. Prior to his time with United Energy, Goulding was company secretary and compliance manager of McIntosh Securities.

Meanwhile former Guardian Trust client services officer, Janelle Gregg, has also been appointed into the role of investment services officer.

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