Watermark hires former Platinum manager

 — 1 minute read

Former Platinum Asset Management portfolio manager Ian Carmichael has joined Watermark Funds Management in a similar role.

Watermark Funds Management, Platinum Asset Management, Ian Carmichael

Mr Carmichael, who covered the global consumer sector at Platinum, will fill the newly created role of consumer sector head at Watermark Funds Management.

During a five-year stint at Platinum, Mr Carmichael held roles as team leader and investment analyst, covering the healthcare and consumer sectors.


Watermark has also appointed Hamish Chalmers to head up global financials.

Mr Chalmers makes the move from London firm Och-Ziff Capital Management where he spent seven years as a portfolio manager and financial sector specialist.

Watermark’s chief investment officer Justin Braitling said he was "delighted" to be able to attract such strong talent to the business.

"While the local hedge fund industry is a minnow in comparison to our peers in Europe and North America, there is growing recognition that Australia has spawned some strong local hedge funds," Mr Braitling said.

"It is a testament to this quality that we have been able to attract such high-calibre investment professionals such as Hamish and Ian," he said.

Read more:

FPA calls for tax-deductible finanical advice

WAM comments ‘false and misleading’: HHV

Chinese capital controls behind bitcoin spikes

Australian growth stifled by poor competition

ASIC signs MOU with Takeovers Panel

Join the debate to improve the issues that surround affordability and accessibility within the advice industry at ifa’s brand-new event, ifa Future Forum.

Join your peers to uncover game-changing industry solutions to pave the way for solving the problem of accessibility and affordability. Utilise your extensive knowledge to formulate ideas and help futureproof advice. Register your free place now! ifafutureforum.com.au


Watermark hires former Platinum manager
Watermark Funds Management, Platinum Asset Management, Ian Carmichael
ID logo


related articles

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.