Sydney-based boutique fund manager Ausbil Dexia has appointed John Honan as head of research.
Honan replaces associate director of equity John Grace, who will concentrate on stock and sector research and portfolio construction.
Elsewhere, research analyst Alipasha Razzaghipour left Ausbil Dexia in February and was replaced by Nicholas Condoleon.
Condoleon has worked at Citigroup in Australia and New York, and with Commerzbank and Deutsche Bank in London.
Khay-Tuck Chow has been made associate director of quantitative research.
