Nash Advisory bets on Labor government with four hires

appointments/M&A/

6 May 2019
| By Laura Dew |
image
image image
expand image

Boutique advisory firm Nash Advisory, based in Melbourne, has made four appointments to its team as it envisages increased M&A and corporate activity in the industry.

It hired Jonathan Hoe, an M&A lawyer, Kevin Han who is an infrastructure advisory consultant, accountant Kieran Ellis and lastly, data analyst Florian Krettek. Hoe joined from law firm Allens, Han from EY, Ellis from William Buck and Krettek from Nord/LB.

Nash Advisory founder and director, Sean O’Neill, said: “We have made four key appointments as we build our capability for what we envisage will be increased corporate activity in the health, education and related government services areas.

The firm said this would be the case if there was a Labor government after the election on 18 May as it believes Labor will be more willing to spend in areas of health and education. It felt Labor leadership would result in a rotation in M&A away from consumer and housing and towards those sectors with strong Government funding dynamics.

“Although businesses with exposure to consumers, housing and financial services might struggle in 2019 as these sectors of the economy slow, as well as financial services having the additional issue of grappling with a post-Royal Commission world, we expect other sectors to flourish as Labor has historically loosened the purse strings in areas such as health and education,” O’Neill said.

“There are also many large-scale infrastructure projects underway in most Australian cities that have timelines of between five and 10 years that will continue to generate economic activity as other sectors slow down.”

 

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...

1 week 2 days ago

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

1 month ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

1 month 1 week ago

AMP has settled on two court proceedings: one class action which affected superannuation members and a second regarding insurer policies. ...

2 days 16 hours ago

ASIC has released the results of the latest adviser exam, with August’s pass mark improving on the sitting from a year ago. ...

1 week 5 days ago

The inquiry into the collapse of Dixon Advisory and broader wealth management companies by the Senate economics references committee will not be re-adopted. ...

2 weeks 5 days ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Powered by MOMENTUM MEDIA
moneymanagement logo