Powered by MOMENTUM MEDIA
investor daily logo

Former BlackRock MD resurfaces

  •  
By Aleks Vickovich
  •  
1 minute read

Former BlackRock Australia managing director Adam Seccombe has taken a full-time executive position with a boutique portfolio management firm.

Implemented Portfolios has announced that Mr Seccombe – who has been an IP board member since June – will take up a senior role with a distribution focus.

Mr Seccombe – who was instrumental in the Australian launch of BlackRock’s iShares business in 2007 – said that IP’s commitment to “four pillars” of future growth in the financial services industry underlies his attraction to the business, listing them as “individually-managed accounts, asset allocation focus, market exposure held via ETFs, and scalable technology”.

In a statement to ifa, Mr Seccombe said his new employer has the “ability to be one of the more effective challengers to the traditional platform/managed funds models that [he has] seen”.