DMP Asset Management has appointed a new senior fund manager.
Former Contango Asset Management executive, Stephen Babidge, has been appointed in the role.
DMP executive chair and senior fund manager Harry Cator said: “We are delighted to have someone of the calibre of Stephen Babidge join DMP.”
Mr Babidge’s appointment follows the hiring of Allison Hill as chief executive and Warren Allen as chief operating officer.
DMP also hired Laurie Cox as non-executive director.
Ms Hill said: “DMP is undertaking some new and exciting strategic initiatives.”
“We will continue to work closely with clients building targeted and tailored portfolios and we are looking forward to expanding our offering into the institutional market with the addition of Stephen to the team.
“Institutional investors require bespoke solutions that can deliver reliable returns.
“DMP’s strong track record and experience makes us very well positioned to deliver these services to the institutional market,” Ms Hill said.
Before joining DMP, Ms Hill was a senior consultant at Frontier Advisors, and Mr Allen was lead of investment operations at Antares Capital Partners.
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