AMP Capital Investors has hired Hamish Carlisle as a senior portfolio manager and analyst, to its capital funds team.
In the role, Carlisle will focus on researching stocks in the banking sector.
He previously worked for Merrill Lynch Equities as a senior director, leading the Australian banks research team.
Carlisle has also worked for National Australia Bank, where he spent several years in the mergers and acquisitions team.
"We are very pleased to have someone of Hamish's calibre to add to the strength of our capital funds team," AMP Capital Investors head of capital funds Gary Armor said.
"With financial markets currently experiencing such turbulent times, it is more important than ever to have a strong team who are well-placed to respond quickly to market changes as they happen."
Armor has been leading the capital team since the departure of head of capital funds John Whiteman, and small-caps manager Mike Cowin in August 2007.
The staff losses led to a downgrade of the two AMP Capital equity funds by Standard & Poor's and Morningstar.
Morningstar is currently working on an updated assessment of the team.