Ventura Investment Management Limited, the joint venture betweenProfessional Investment ServicesandFrank Russell, have appointed Tom Lawton as the group’s general manager after the departure of Bill De Steiger late last year.
De Steiger left the company to pursue a position in funds management in Sydney.
Lawton was previously the Queensland state manager withAdvance Funds Managementand has been charged with the further promotion and delivery of the funds management group’s products to the market.
The Ventura funds are managed by Frank Russell using their multi manager approach with PIS, which owns Ventura, offering dealer groups and advisers equity participation if they support the funds.
Within weeks of launching early last year Ventura was placed on the Navigator master trust investment menu as well as that of the PIS owned master trust, Mentor Investment Services.
