Ausbil has hired Fawaz Rashid to service both the New South Wales and Western Australia adviser markets.
Prior to joining Ausbil Mr Rashid worked in managing research house relationships on behalf of boutique investment managers at Challenger and Fidante Partners.
Ausbil head of retail business Mark Knight said Mr Rashid’s experience will assist the company to build relationships with both researcher and adviser communities.
“Our retail markets continue to grow, so it’s very important that we maintain our service commitment to planners,” Mr Knight said.
“At the same time, we’re responding to demand for specialist strategies such as long short and equity income.”
Mr Knight also added that Ausbil's strategic partnership with New York Life Investment Management presents it with further opportunities.
