Sydney wealth management firm names new CIO
Sydney-based wealth management firm, Stanford Brown, has named Ashley Owen as its new chief investment officer (CIO) to help establish the company's managed account run via the netwealth platform.
Owen, who joined from Philo Capital where he served as CIO, has over 30 years of experience across financial services, which includes senior executive roles in major Australian and global banking groups.
"Ashley is our most significant hire in many years and sets up for the next stage in our growth plan," Stanford Brown's chief executive, Jonathan Hoyle, said.
"He is one of the most outstanding portfolio managers in Australia and has a long-term track record of outperformance running a large pool of retail client fund. We are absolutely thrilled to have Ashley on board."
According to Stanford Brown, Owen's role as CIO would be to assist in the establishment of a managed account run via the netwealth platform and, the Investment Committee's twin objectives of beating benchmark returns over the cycle with lower drawdowns.
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