Bennelong Funds Management has appointed Matthew Briggs to its institutional team. Matthew has been appointed to the role of Director, Institutional Sales, reporting directly to Andrew Aitken, Head of Distribution.
Matthew’s appointment follows the move of Ryan Durance, who previously headed up Bennelong’s institutional team, who was promoted to oversee the distribution arm of BennBridge, Bennelong’s London office.
Matthew joins Bennelong from Citigroup where he spent 11 years, most recently in Prime Finance.
Andrew Aitken, who manages the broader distribution function of the group said, “It’s pleasing to see the company expand at the rate it has been. Since July last year, there have been nine hires to support business growth. With the addition of three new boutiques in under 18 months, bringing our total asset management teams to seven, Matthew joining the institutional sales team will allow Bennelong to greater prioritise growth in the institutional market in the medium term.
“It’s such an exciting time at Bennelong as we look to extend the local success story offshore, with the opening of BennBridge in the UK,” said Andrew.
Matthew will be based in the Sydney office and joined the team on 6 March.
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Bennelong Funds Management is a thriving boutique fund manager nurturing a growing suite of asset management teams. Bennelong’s boutique partners collectively manage over $8 billion in funds under management. It is a wholly owned subsidiary of the Bennelong Group, a privately owned funds management and investment business. Visit bennfundsmanagement.com.au.