Perennial Partners has appointed a new regional manager for the southern states after the predecessor in the role joined Schroders.
Last week, it was announced that George Katopis had left Perennial after nine years to join Schroders as a business development manager where he will cover Victoria, South Australia and Tasmania. Schroders said the role will be critical as the fund manager looks to expand its footprint in the intermediary market.
In his place, Perennial has now appointed Karl Linder from Trilogy Funds Management to fill the role where he will be responsible for sales and distribution activities of Perennial’s funds in Victoria, South Australia, Western Australia and Tasmania.
This includes funds run by Perennial’s specialist investment teams at Daintree Capital, Fairlight Asset Management and Perennial Private Investments.
Linder previously spent over a year as a BDM at property fund manager Trilogy, and five years as a wholesale BDM for Victoria and Tasmania at abrdn.
Prior to moving into sales, he spent almost four years as a financial adviser at Think Financial Planning in Melbourne.
Cesar Farfan, head of distribution at Perennial, said: “We are delighted to welcome Karl to the Perennial team. He is a high-calibre and experienced distribution executive who will enhance our client engagement in this important region and in this important senior role.
“More broadly, this appointment reflects our strategic focus on equipping and resourcing Perennial Partners to continue to enhance our service and support to the evolving institutional and wholesale markets in Australia.”
Earlier this month, Perennial Partners was named as one of the responsible investment leaders by the Responsible Investment Association Australasia (RIAA) for the fifth consecutive year.
Some 61 Australian asset managers were named as responsible investment leaders for 2024, the organisation announced, including 11 Australian managers who were named for the first time.
These are classed as fund managers who demonstrate a commitment to responsible investing, an explicit consideration of ESG factors in investment decision-making, strong collaborative stewardship, and transparency in reporting activity.
Emilie O’Neill, co-head of ESG and senior equity analyst, said: “Perennial takes responsible investment seriously, and is pleased to have this recognised by the leading responsible investment body in Australia. We will continue to improve our process, applying lessons from Perennial’s Better Future strategy, which is Perennial’s dedicated sustainability product.”
