Stephen Hayes will lead Colonial First State Global Asset Management (CFSGAM)'s property securities team in Sydney after being reappointed to the team.
Hayes established and developed the property securities business, having been with the company from 1999 to 2006. After a stint with another fund manager, Hayes will rejoin CFSGAM as head of property securities.
CFSGAM chief investment officer David Dixon said Hayes' established investment process and long-term track performance would bode well at CFSGAM. He said Hayes would work to establish the business as a global leader in real estate securities.
Dixon said the business favoured a global approach, with people on the ground in Sydney, New York, London and Hong Kong.
Hayes begins on 10 September, filling the shoes of Andrew Nicholas who resigned earlier in the year.
