High net worth advice firm Perpetual Private today announced the appointment of two Investment Research Analysts to bolster its Investment Research team.
David Blunt and Deana Leong have been appointed as Investment Research Analysts within the 11 person team, which supports Perpetual Private’s broad investment research process, including capital markets research, asset allocation, multi-manager portfolios, alternative investment programs, as well as constructing model portfolios and the approved product list.
Perpetual Private’s Investment Research team has a combined experience of 95 years in the industry and is responsible for A$12.6bn in funds under advice(1). Nearly a quarter of the FUA(2) is in multi-manager funds which the team manages on behalf of clients. These funds provide Perpetual Private’s clients with access to investment opportunities across traditional and alternative asset classes in both public and private markets.
“Within Perpetual Private we are focused on providing financial solutions that meet the complex needs of our high net worth client base. We need experienced research analysts to identify the best investment strategies, across the breadth of the wholesale and institutional opportunity set,” Kyle Lidbury, Head of Investment Research, Perpetual Private said.
“At Perpetual Private, in addition to identifying best of breed managers in traditional asset classes, our team spends considerable time researching opportunities that can provide true diversification for our clients’ portfolios. Hiring two highly rated analysts such as David and Deana will further strengthen our offering. The team, in combination with our global asset consultant, Cambridge Associates, is able to leverage a significant amount of research capability for the benefit of clients.”
Mr Blunt and Ms Leong will research and evaluate investment strategies and contribute to the construction of investment portfolios that align with Perpetual Private’s ‘Protect and Grow’ investment philosophy.
Mr Blunt joins Perpetual Private from ANZ Global Wealth where he was an Investment Research Analyst covering global and Australian equity strategies, alternatives and real assets. Ms Leong transitioned from Perpetual Investments where she was an Investment Specialist, having previously covered Australian and international equity and property managers at Ibbotson.
Perpetual Private’s Investment Research team was restructured in June 2014, when Kyle Lidbury was appointed as Head of Investment Research and Theo Sofios was appointed Deputy Head and Portfolio Manager. The new team was focused to be more responsive to the evolving needs of its clients who were seeking more sophisticated investment solutions.
In May 2014 Perpetual Private launched the Implemented Portfolio Series, giving clients access to actively managed portfolios of global equities, Australian equities, fixed interest and listed property strategies. Since launch, the funds have accumulated more than A$1bn under management(3). The Implemented Portfolio Series leverages Perpetual Private’s scale by delivering a more efficient and cost effective way of investing, compared to model portfolios constructed with individual wholesale funds.
Source: Perpetual
