Boutique funds management group Pinnacle Investment Management has appointed Steve Gamerov to the new role of product and strategy director.
"I am delighted with Steve's appointment. I have known Steve for almost 10 years and his extensive funds management experience will be highly valuable as we look to consolidate our reputation and market position," Pinnacle managing director Ian Macoun said.
"Steve's experience across multi-management, asset consulting and within a boutique manager is unique and will be very beneficial to us."
Gamerov joins from MIR Investment Management, where he was a senior portfolio specialist.
He has also worked at St George Bank as head of investment solutions, a job in which he was responsible for overseeing the multi-manager investment portfolios for Advance Asset Management, with over $7 billion in funds under management (FUM).
The total FUM of Pinnacle affiliated investment managers has grown from $4.4 billion at 30 June 2009 to more than $10 billion now.
Pinnacle said it would continue to expand its team to support growing demand for the services of its affiliated boutiques, as well as for new Pinnacle initiatives.