The Craigs Investment Partners-owned fund manager, QuayStreet Asset Management, is seeking a new international equities analyst following the departure of long-time portfolio manager, James Ring.
Ring retired about a month ago after an almost seven-year stint at QuayStreet, ending a multi-decade Australasian investment career.
Prior to joining QuayStreet he ran (and co-founded) the short-lived Australian-based small-caps specialist Quotient Asset Management. Before Quotient, Ring spent several years at the James Packer-backed hedge fund Ellerston Capital.
He arrived at Ellerston after more than seven years managing Australasian small cap funds for the ASX-listed Challenger (once a major holding of the now-deceased Packer-senior, Kerry).
Challenger picked up the well-respected Ring in 1999 when buying the NZ investment boutique he co-founded earlier in the decade with John Phipps, Coronet Asset Management (which was ultimately absorbed into Fisher Funds).
Phipps (now heading Auckland wholesale shop Forte Funds Management) and Ring both emerged out of seminal NZ investment firm, Southpac in the 1980s.
Andrew South, QuayStreet chief investment officer, is now interim portfolio manager for the group’s almost $375 million international equities funds.
QuayStreet has advertised for a global shares analyst with responsibility for “providing investment research (due diligence and comprehensive industry and company research), data analysis and financial modelling, market perspectives and playing a key role in new idea generation”.
Meanwhile, the $35 billion ANZ investment division is on the hunt for an assistant fund manager in a newly created role for the Australasian fixed income team.
The ANZ cash and fixed interest unit manages about $11 billion with the assistant fund manager duties to mostly cover “credit research into investment grade credits in both New Zealand and Australia”, according to the job description.
In addition to usual fixed income analytical responsibilities, the new role requires the successful candidate to “develop, maintain and refine the credit research process, including ESG research on the fund universe”.
Also in recruitment mode, the Auckland-based consultancy firm MyFiduciary is on the hunt for a new investment analyst to “help us build out and manage our analytical tools”.
“An interest or knowledge in Te Ao Māori would be hugely valuable,” the MyFiduciary ad says. “We want staff who can grow beyond a support role. Over time, we would expect the person to become fully involved in the client-facing side of the business.”
MyFiduciary has been on a growth spurt over the last couple of years winning clients among financial advisory firms, family offices, iwi and other charitable groups. The firm, which includes Aaron Drew and Chris Douglas as principals, recently updated its fixed income asset allocation models with changes currently being implemented across client portfolios.