Allan Gray added a new state relationship manager to its retail advice team, indicating the appointment reflects its commitment to the space in Australia.
Werner du Preez has been named as relationship manager for Victoria and Tasmania, Allan Gray said in a statement.
Mr du Preez first joined Allan Gray South Africa in 2008.
He moves to the Australian team from Allan Gray’s South African office in Cape Town where he was responsible for distribution of the Australian funds in the local market since 2016.
“Werner’s appointment demonstrates our commitment to the Australian retail advice space and wanting to provide more support for advisers,” said Allan Gray Australia head of retail strategy Chris Inifer.
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