Boutique fund manager Supervised Investments has appointed former Fidelity Investments boss Michael Ohlsson as its new chief executive.
Michael Ohlsson has been announced as the new chief executive of Supervised Investments, replacing retiring chief executive Ouafaa Karim.
A Supervised Investments spokesperson told InvestorDaily Ms Karim notified the company's board of her intention to retire in late 2016, effective 31 December.
Mr Ohlsson has been working part-time at Supervised Investments in the lead-up to his official start date, said the spokesperson.
Supervised Investments chair Helen Coonan said the business is happy to have appointed someone of Mr Ohlsson's "calibre and track record of successfully building funds management businesses".
"Michael joins us at an exciting time as we work towards realising the potential of our business," Ms Coonan said.
Mr Ohlsson has had a 25-year career in financial services and superannuation, including nine years at Barclays Global Investors as well as holding the position of chief executive at Fidelity Investments.
For his part, Mr Ohlsson said, "[Supervised Investments] has enormous potential to expand its investor base as we offer our equities and fixed income investment strategies more broadly."
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