Austock Asset Management head of Australian equities Silvio Gasparet has left the firm to take up a job with the Victorian Funds Management Corporation.
Gasparet joined Austock in June 2005 to extend the firm's equity research team.
He worked alongside fund manager Dennis Tighe.
Following Tighe's departure in May 2007, Gasparet took on the role as solo manager for the firm's Australian equities division.
Gasparet has 12 year's investment experience as an analyst and portfolio manager.
Prior to joining Austock he worked at Herschel Asset Management as an investment manager for two years.
Gasparet is the second senior Austock departure in a week, with Austock's property division chair and director Michael McFarlane resigning last week due to illness.
Austock declined to comment on Gasparet's departure.
