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Pinnacle builds team

Investment management boutiques grow

Christine St Anne
By Christine St Anne
Thu 29 May 2008

Investment firm strengthens distribution team with a Sydney hire.


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Investment manager Pinnacle has hired Adrian Whittingham to manage its distribution and clients.

Whittingham was previously head of retail at Schroder Investment Management.

He will be based in Sydney

In March, Pinnacle hired former Legg Mason vice president Andrew Chambers. Based in Melbourne, Chambers stepped into the newly-created position of Pinnacle director of distribution and client relationships.

"Together Adrian and Andrew are a particularly powerful combination and represent a major commitment by Pinnacle to distribution and client relationships on behalf of Pinnacle boutiques," Pinnacle managing director Ian Macoun said.

Pinnacle houses boutique managers Plato, Resolution Capital, Palisade Investment Partners, Hyperion Asset Management and Solaris.

Solaris was formed in November 2007 after Suncorp's entire equities team defected to Macoun's firm.

Since then, Solaris has garnered $200 million in funds under management (FUM).

The reason for two such major appointments in quick succession is due to boutiques in the Pinnacle family building real market momentum, Macoun said.

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