Alternative beta manager, Capital Fund Management (CFM), has announced the appointment of Craig Stanford to the newly-created role of director, investor relations for Australia.
Stanford would bring more than 20 years of experience in investment management, with his previous roles including head of alternative investments at Morningstar in Sydney and several roles for various asset management firms in London.
He also had a great deal of experience with institutional investors in Australia, the UK and South Africa.
CFM’s head of Asia-Pacific, Steve Shephard, to whom Stanford would report, said that this new role would be crucial for the company in expanding its presence across Australia.
“We were looking for someone with strong relationships and a solid understanding of the local institutional and retail markets, who could also understand and communicate what can come across as very high level, scientific topics,” he said.
Stanford’s appointment followed the establishment of local permanent office in Sydney late last year, which would focus on institutional businesses in Australia, the firm said.
Currently, CFM Australia had over US$9.7 billion in funds under management and saw a growing demand from wealth management, dealer groups and family offices.