Perpetual Private Wealth confirms Douglas appointment

Perpetual Private Wealth has confirmed the appointment of van Eyk’s recently departed head of research, Nigel Douglas, as the senior manager of investment research with responsibility for all managed fund and asset class research.

Perpetual Private Wealth has also announced the appointment of Stephen Kench as senior manager direct equities. Kench has more than 15 years of Australian equities research, and worked most recently as the senior research analyst at the Queensland Investment Corporation.

“Both Nigel and Stephen will be responsible for providing investment and portfolio recommendations to our private wealth advisers and their clients. These appointments are a further demonstration of Perpetual Private Wealth’s commitment to providing best-in-class holistic wealth management service for our clients,” said Perpetual Private Wealth’s general manager of investment and strategic advice Angus Benbow.

Douglas resigned from van Eyk after the group’s annual conference last week. He was the second head of research to depart van Eyk in less than a year following the departure of the company’s co-founder, Stephen van Eyk, last August.