ANZ Investments will be keeping recruitment agency, Hunter Campbell, busy following a swag of recent departures across the portfolio management and product teams.
At least five staff have resigned this year from the $34 billion manager post the announced exit of Alan Clarke, co-head of diversified portfolio management, and head of Australasian equities, Craig Brown, last December.
Brown and Clarke, both ANZ veterans, will leave the business next month with another long-time colleague, head of funds management product, Grant Hodder, also on the way out.
It is understood that Hodder, who spent 13 years at the ANZ fund shop, will join Pie Funds in a similar role. Newly installed Pie chief, Ana-Marie Lockyer, was ANZ head of wealth products until 2018; ex ANZ Investments CIO, Graham Ansell, too, served on the Pie investment committee.
But several members of the ANZ Investments team have also quit in recent weeks including: Mia Prkusic, fixed interest fund manager; Juliette Varuhas, fixed income analyst; and, assistant property portfolio manager, Angus Simpson. As reported in January, ANZ Investments senior equity analyst, Neal Burghardt, moves to Salt Funds Management this month.
Varuhas has been hired by the NZ Superannuation Fund.
ANZ Investments is currently seeking a head of equities, head of external partnerships and a fixed income analyst.
Fiona Mackenzie took over as head of the funds management group last January in a newly established role. ANZ is the largest the biggest retail fund manager in NZ with $34 billion under management including almost $20 billion spread across three KiwiSaver schemes, other retail funds and some institutional and wholesale mandates.
Meanwhile, Auckland boutique, Mint Asset Management, has named Kirsten Boldarin in a newly created head of distribution position to focus on wholesale and high net worth clients.
The South Africa-born Boldarin, who arrived in NZ in 2019, previously spent over 12 years with London-based high net worth advisory firm, Stonehage Fleming Investment Management – latterly as partner investment strategy and research.
She served on the Stonehage Fleming investment committee and managed multi-asset portfolios for “ultra high net worth clients”, according to a release.
Boldarin has been charged with maintaining and growing the wholesale and high-end clientbase for Mint while head of marketing and sales, David Boyle, focuses on the advisory and retail markets.
Prior to Stonehage Fleming she worked as a valuations specialist with marquee South African investment firm, Old Mutual Asset Management.
Mint has about $2 billion under management and is now part of the broader NZ financial services entity, Amplifi.