Fisher Funds long-standing head of fixed income, David McLeish, has left the business amid a wider management shake-up at the $26 billion firm.
McLeish touted an “exciting new opportunity” on LinkedIn was in the offing after an almost 14-year career at Fisher that spanned dramatic, acquisition-led growth in the funds management operation.
He is listed as the sole shareholder in Papakura Capital, an entity established in May this year.
Prior to joining Fisher in 2011, McLeish worked for several investment firms in the UK including Goldman Sachs, UBS and Morgan Stanley.
Quin Casey will replace McLeish in an acting capacity. Casey has been with Fisher about eight years working as fixed income portfolio manager.
The flagship Fisher fixed income fund holds about $2.9 billion.
As reported last month, Fisher embarked on a management reshuffle last month under new chief, Simon Power, who replaced Bruce McLachlan this February.
On top of executive-level changes, Fisher has made a handful of senior management appointments over the last couple of weeks in a now-completed recruitment process.
In an announcement this morning, Fisher named AMP national workplace sales manager, Robyn Conway, to the new position of general manager managed funds, effective September 9.
At the same time, Mo Odedra has been promoted from head of client service to general manager client service. Odedra joined Fisher in 2018 following a 14-year stint at BNZ.
“This promotion will see him take on a broader and more significant remit, ultimately being responsible for the ongoing delivery of exceptional client engagement and service,” a Fisher release says.
Last week, Fisher also confirmed two new senior roles, luring David Buell from Smartshares as general manager growth with former Mint Asset Management head of sale, David Boyle, to take on the general manager KiwiSaver gig.