Australian equities manager Altair Asset Management has announced a series of senior appointments as it looks to strengthen its experience base.
The asset manager has made four new appointments to its team in order to leverage off a wide range of experience, which Altair said is necessary as it invests exclusively in domestic stocks.
“Actively managing an equities portfolio demands rapid, informed decisions,” Altair managing director Philip Parker said.
“To do this you need a team that is experienced in a wide range of aspects of the Australian equities market, to provide the perspective and insight to make those decisions confidently.”
“The ability to be nimble, confident and responsive is the key to active management.”
As part of this new team, Alvin Chan has been appointed as portfolio manager/analyst from a prior role at AMP Capital as portfolio manager and analyst.
He will be responsible for research across industrial sectors and will also assist in managing Altair equity income and concentrated equity strategies.
In addition, Cindy Lui has been appointed as senior quantitative analyst from a previous role at ING Investment Management and will be responsible for quantitative analysis and developing Altair’s quant techniques.
Furthermore, Daniel Stein joins Altair as associate analyst from a previous role at Wilson HTM while Toby Bellingham has been appointed as an equities trader.
Mr Stein will be responsible for financial modelling, analysis and equity research at Altair, while Mr Bellingham will oversee the asset manger’s trading and related execution functions.
“We’re extremely pleased that we’ve been able to form such a talented, highly-skilled group of investment professionals,” Mr Parker said.