Nick O’Hare has been appointed as business development manager for Victoria and Tasmania, based in RARE’s Melbourne office.
With over six years of experience in the financial planning and investment industry, Mr O’Hare, a qualified financial adviser, was most recently manager of investments and business development at Power Wrap, a boutique administration platform. Prior to that, he was a financial adviser with Income Solutions, a financial advisory firm.
“We are excited to have a person of Nick’s calibre and background join the RARE distribution team as we continue to see financial advisers increase allocations to infrastructure,” RARE Infrastructure’s head of Australian retail Steve Williams said.
“Investors are looking for ways to reduce some of the risk in equites while still participating in listed markets.
“Advisers are recognising the long-term benefits of investing in monopolistic, long-dated assets with a history of paying consistent dividends through the economic cycle,” he said.
Mr O’Hare will be responsible for supporting financial planners with RARE’s extensive infrastructure product offering to meet the growing demand in infrastructure investing.
“Listed infrastructure, with its signature characteristics of low volatility and predictable earnings stream, is an asset class that ticks the defensive box,” Mr Williams noted.
Hamish Bell has also joined RARE as an investment specialist to provide investment expertise and technical sales support to RARE’s distribution team. Mr Bell was most recently a senior member of the research team at Clearview.
“These new appointments show our continued commitment to servicing the Australian market, and we are pleased to attract such experienced and talented professionals,” added Mr Williams.
