Fidelity appoints new Australian head
Fidelity Worldwide Investments has appointed Michael Bargholz as managing director for Australia.
Bargholz joined Fidelity in February as senior investment director after a lengthy career with AllianceBernstein, where he was chief chief executive and managing director, Australia and New Zealand.
“Michael will lead our growing and successful business supported by a strong management team,” said Mark Talbot, director for Asia Pacific ex Japan.
“His knowledge and experience of the market, built up over many years, will ensure that we continue to focus on the needs of our clients as we broaden and deepen the reach of our business over the coming years.”
Recommended for you
Apostle Funds Management has appointed the newly created position of director, head of wholesale as the firm expands its Australian footprint in the wholesale sector.
Recruitment manager Robert Half has shared the most in-demand roles in financial services that firms are finding difficult to fill, driven by ASIC’s growing focus on risk and compliance.
ASIC chief executive, Warren Day, is among senior executives to depart the corporate regulator amid changes to its leadership team.
Iress has completed the sale of its platform business, bringing $4.1 billion in funds under administration over to Praemium.