Boutique fixed interest manager Altius Asset Management has finalised its investment advisory committee with the appointments of senior industry figures Don Stammer, Tony Fitzgerald and Wayne Jarman as members.
They join the three Altius portfolio managers on the committee, which acts as a separate body to help Altius develop views on domestic and international bond markets to assist in its investment process.
Bill Bovingdon, Altius’s chief investment officer, said the new members bring invaluable insights into economic and financial market issues on both a local and global basis, enabling Altius to enhance its investment approach.
“Don, Tony and Wayne are all highly-respected and extremely knowledgeable industry figures and we will benefit significantly from their experience and understanding of the investment environment and trends that affect fixed interest as well as investment markets generally,” he said.
Dr Stammer started his career as an academic, teaching economics and finance at the University of New England and the Australian National University. He then joined the Reserve Bank of Australia as an economist, before moving to Bain & Company (which became Deutsche Bank Australia) where, for over twenty years, he was chief economist and director of investment strategy.
He was also previously a director of ING Australia, chairing the Optimix investment committee and is currently a non-executive director of Praemium, ING Private Equity Access and Kaplan Higher Education.
Mr Fitzgerald’s 37-year career in the banking and financial services sector spans Australia, Asia, Europe and the US. He has held senior positions at Bankers Trust Australia, UBS Australia and the Bank of America Australia, and is currently chairman of Colonial First State’s (CFS) Global Asset Management’s Credit Committee. He has also previously held the roles of co-head of global fixed interest and credit at CFS.
Mr Fitzgerald is a fellow of FINSIA, a member of the Board Finance Committee of the Royal Australasian College of Physicians and the UniSuper Investment Committee, and he has been a director of the Teachers Credit Union since 2010.
Mr Jarman has over 30 years’ experience in debt capital markets, banking and infrastructure. Before joining the Altius committee, Mr Jarman was executive director of the NSW Government’s Asset Management Committee. His previous roles include managing director and vice chairman, Asia Pacific, of RBC Capital Markets and chief executive officer of NSW Treasury Corporation. Mr Jarman was also the founding managing director of Treasury Corporation of Victoria.
Mr Jarman is a fellow of the Australian Institute of Company Directors and the Finance and Treasurers Association, and is a past trustee of the Committee for Economic Development of Australia.
Altius Asset Management is a boutique fixed interest asset management business, formed through a joint venture with Australian Unity Investments.
Altius uses a diversified strategy to manage fixed interest securities that strikes a balance between relative and absolute returns, taking advantage of the mispricing of bonds in all market conditions.
For more information please contact:
Mr Bill Bovingdon – Phone: 0414 508 644
15 March 2012