Bennelong Funds Management has appointed Eric Finnell as institutional distribution executive as the company grows its domestic and offshore institutional capability.
He would be based in Sydney, reporting to Jonas Daly, head of distribution.
Finnell previously worked at Fisher Investments as co-head of institutional business development and client services for Australia, New Zealand and Southeast Asia, and had also been a financial adviser with Ameriprise Financial.
Craig Bingham, Bennelong chief executive, said Finnell’s appointment represented a commitment to increasing its institutional business.
“We’ve seen increased interest in our products here in Australia, but also in our UK-based boutiques and their offerings,” Bingham said.
“As always, we’re focused on delivering the best outcomes for our clients across the globe, and that includes providing access to a suite of diverse and innovative investment strategies.
“Eric’s appointment will ensure our important institutional clients continue to receive the high level of service our investors expect of us.”
Bennelong was part of the BFM Group an investment company which partnered with boutique asset managers.
Outside of Australia, it operated as BennBridge and in 2019 had partnered with two new UK-based boutiques.
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The sovereign wealth fund has revealed six internal hires to support the execution of key strategies.
The fund has announced the departure of a second senior executive in as many months, with its chief member officer to finish up mid-December.
The $89 billion fund has announced a new leadership role within its private markets team.