Colonial First State Global Asset Management has named former RCM Capital Management Australia (RCM) staffer Greg Galton as head of research for its Australian equities growth team.
Galton will manage the equity analysts in the growth team and report into another CFS new boy, Marcus Fanning, who joined the group in August.
Prior to joining CFS Galton spent four years as head of research, Asia Pacific, at RCM Sydney. He also took a portfolio management decision making role within RCM's Australian equities funds.
Galton managed a team of six research analysts based in Australia and Hong Kong.
In August, InvestorDaily reported that CFS's parent group, CBA planned to shut down its financial planning research unit, with research houses Morningstar, Standard & Poor's and Van Eyk tendering to replace it.
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