Global sovereign bond manager Colchester Global Investors has appointed a new head of distribution for its Australian business.
Angela MacPherson has been named by Colchester as head of distribution, Australia.
Colchester Singapore managing director Paul Allen said: “The appointment of someone of the calibre of Angela will be instrumental for Colchester to build a meaningful presence in the intermediary space in Australia over the medium to long term.”
Commenting on the firm’s Australian business, Mr Allen said it’s an “exciting time for the business”.
“We are pursuing a deliberate strategy of diversifying both our client base and also our geographic location,” he said.
“Now with our new office here in Australia, we intend to capitalise on our strong institutional client support and investment ratings to build our distribution to intermediaries,” he added.
Ms MacPherson has held senior roles at Challenger, AMP Capital, AXA and Macquarie Bank.
QBE has found an interim replacement for its chief executive following the controversial departure of Pat Regan. ...