Pie Funds has hired a new senior analyst to run the group’s $120 million Australasian Growth portfolio.
The Sydney-based Michael Goltsman fills the role left vacant by Doug Jopling, who left Pie earlier this year for a senior position at NZ meat company, Ovation.
Previously, he served as a portfolio manager with Australian small- and mid-cap specialist boutique Ophir Asset Management for two years following a 10-year stint in senior analyst roles at Citi Global Investment Research in the UK.
Mike Taylor, Pie chief, said Goltsman “has a wealth of small cap experience from his previous roles as PM at Ophir Asset Management and Citigroup where he worked for over a decade”.
“His final role at Citi was in London running a small cap research team,” Taylor said.
Goltsman will eventually work alongside fellow Australia-based Pie man, Mike Ross, once COVID-19 restrictions lift.
Pie also hired an Auckland-based junior analyst as part of an ongoing recruitment drive at the $2.5 billion manager.
In another trans-Tasman boutique affair last week, Milford Asset Management named Australian professional director, Carolyn Colley, to its board.
Colley has a 30-year track record in the Australian financial services industry accrued in senior roles at big-name brands including KPMG, BT Financial, Asgard Wealth Solutions, St George and Macquarie.
She currently serves on the boards of the ASX clearing and settlement subsidiary, the IOOF-owned Superannuation Trustees, Chartered Accountants of Australia and NZ, and Smartgroup.
Milford chair, Mark Cross, said in a release that Colley’s “deep Australian experience in wealth management, financial advice and technology will add significant value to Milford as it continues its strong growth in the Australian and New Zealand markets”
The Auckland-headquartered firm boasts more than $15 billion under management with most sourced from NZ, however, the firm – now employing about 130 staff – established a stand-alone Australian business in 2017.
Elsewhere, the Financial Markets Authority (FMA) head of enforcement, Karen Chang, will step in for Liam Mason as general counsel during the estimated two-month interregnum due to follow the exit of long-time chief, Rob Everett, at the end of October.
Mason is set to take over from Everett until incoming chief, Samantha Barrass, arrives in the office in January next year “subject COVID-19 practicalities”, the regulator says in a release.
The UK-based Barrass was named as FMA chief last month.
Chang came to the FMA in 2017 from legal firm Meredith Connell, where she was a senior Crown prosecutor.
“Margot Gatland, a manager in the Enforcement team, will be appointed as Acting Head of Enforcement while Ms Chang carries out her new role,” the statement says. “Ms Gatland joined the FMA in 2017 from the Serious Fraud Office and has a background in regulatory, criminal and civil litigation predominantly acting for the Crown.”
Meanwhile, foundation FinTech NZ head, James Brown, left the industry group last month with Jason Roberts now in charge as acting executive director.
Roberts “is a passionate advocate for FinTechNZ and has been involved in the association for many years”, the group told members in a newsletter.
“Jason will ensure member value and project delivery continues as we assess the future needs of the organisation.”
Brown has moved to the anti-money laundering and know-your-customer fintech firm, AplyiD, as director global partnerships.