Colonial First State Global Asset Management has hired Stephen Hayes to replace Andrew Nicholas as head of property securities after Nicholas resigned earlier in the year.
An integral part of CFSGAM's property securities history, Hayes established and developed the team while employed with the asset manager between 1999 and 2006.
Hayes has rejoined the team after a stint with another fund manager.
CFSGAM's chief investment officer David Dixon said Hayes' established investment process and long-term track performance would bode well at CFSGAM. He said Hayes would work to establish the business as a global leader in real estate securities.
CFSGAM favours a global approach and has people on the ground in Sydney, New York, London and Hong Kong, according to Dixon.
Hayes will begin in September.
The Association of Superannuation Funds of Australia has appointed a new director representing industry funds, among a number of other appointments in recent months.
The Association of Superannuation Funds of Australia has tapped an experienced public policy executive as head of policy and advocacy.
The firm has welcomed an experienced financial services executive, who helped establish Vanguard's superannuation business, as its new chief financial officer.
The $8.9 billion fund has tapped a fintech company headquartered in Rotterdam as investment performance consultant.
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