IFM Investors has appointed Nicholas Hyde as director, business development for the Australian and Asian markets.
IFM Investors chief executive, Brett Himbury, said Hyde's role would include developing the industry superannuation fund investment services provider's business in these markets and managing relationships for IFM Investors.
Global head of investor relations, Brian Clarke, said Hyde would cover all IFM asset classes of infrastructure, debt investments, listed equities, and private capital.
"We are delighted to have Nicholas on board as he brings well-developed leadership skills and deep and extensive experience gained in Australia, New York and London," Clarke said.
Hyde has previously worked at Deutsche Bank in Sydney and London, HSBC Markets in Sydney, Citigroup Global Markets in New York and London, and J.P. Morgan Securities in New York.
His most recent role was at Wellington Market in Sydney.
Hyde would be based in Sydney for his role at IFM Investors and would report to Clarke.
Michael Lovett, who left the investment firm just three months after launching its Vanguard Super offering, has taken up a chief executive role at an Australian asset manager.
The Central Bank of Ireland has granted the approval of Equity Trustees’ exit from its Irish operations, with the transaction expected to be complete on 30 April.
Super returns continued to climb in March, raising hopes of delivering double-digit returns by June depending on the performance of this next quarter.
The dedicated super fund for emergency services and Victorian government employees is under fire for unpaid entitlements to transport employees, which could exceed $40 million.
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