Bennelong Funds Management has appointed David Whitby to the newly-created position of director wholesale sales, NSW.
Mr Whitby will report to Jonas Daly, head of wholesale sales, and provide additional support to high net worth and independent advisory groups, aligned planners and key accounts.
Mr Whitby has more than 20 years of industry experience and was most recently with BetaShares as an account manager. He has also worked in sales and account management roles with global investment firm GMO and Vertex Capital, and started his career at BT Funds Management in Sydney.
Mr Daly said Mr Whitby’s appointment supports the continuing growth of the business as it builds its quality investment product range and platform availability.
“Bennelong now partners with eight asset management teams, managing 12 funds with almost $8 billion in funds under management.
“David’s appointment ensures we have the team in place to continue working closely with financial advisers and provide them with the resources and support they require to build portfolios,” he said.
Bennelong Funds Management was established in 2001 and nurtures a growing suite of boutique asset management teams that currently manage almost $8 billion.
It provides a holistic range of services to its boutiques, allowing them to focus on what they do best – manage money. As equity partners in their individual businesses, each asset manager’s goals are aligned with those of their investors.
Bennelong is a wholly owned subsidiary of the Bangarra Group (formerly the Bennelong Group), a privately owned company encompassing a number of independent businesses.