US funds management firm Ariel Investments has appointed a new head of Asia Pacific as the firm enters the Australian market.
Ian Webber has been named as head of Asia Pacific and senior vice president.
Commenting on his appointment, Mr Webber said: “I am excited to introduce Ariel’s investment process to institutional investors throughout the region.”
“The process is truly unique – most importantly it has delivered strong results for investors across different market cycles, in both absolute and relative terms.”
Mr Webber has been appointed to “lead” the firm’s growing presence throughout the region, an Ariel Investments statement said.
Prior to joining Ariel Investments, Mr Webber held positions with JP Morgan Investment Management, Salomon Smith Barney/Citigroup Asset Management and AXA Rosenberg Management.
Mr Webber will be based in Sydney where the firm is due to open its first offshore office.
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