Australian Securities Exchange-listed Magellan Financial Group (MFG) has lured more staff away from Capital Partners to its infrastructure team.
Senior investment analyst Kris Webster has joined fellow former Capital Partners colleagues Gerald Stack, Alex Hone and Dennis Eager.
Webster, who was at Capital Partners for five years, will work in the Magellan infrastructure team analysing and valuing global listed infrastructure securities.
Magellan Infrastructure Fund portfolio manager Stack said Webster was well known to the team and brought valuable skills to the research process.
The sole operating group of MFG is Magellan Asset Management, which was founded by former UBS Australasia chairman and chief executive Chris Mackay and ex-Deutsche Bank Australasia global banking co-head Hamish Douglass.
