Capital Fund Management (CFM) said it has appointed Mark Yetman to the newly-created role of director, investor relations for Asia-Pacific.
Yetman will be based in Sydney and will report to Steve Shepherd, head of Asia-Pacific at CFM, who will relocate from Tokyo to Sydney to support the continued growth of CFM’s Australian office, the global quantitative asset manager said.
Prior to joining CFM, Yetman spent 13 years at Dimensional Fund Advisors, most recently as vice-president, head of institutional sales.
Yetman’s appointment and the establishment of Capital Fund Management LLP Sydney branch will enable the manager to better service its growing institutional and retail businesses in Australia, CFM said.
Shepherd said the addition of Mark to the firm will bring a positive boost to CFM’s Australian efforts.
“The investor relations role is a crucial position as we continue to build our presence on the ground in Australia. Happily, we have found the perfect fit in Mark, who has a detailed understanding of alternative beta strategies and their benefits,” he said.
Shepherd said the opening of the new office, and the appointment of Yetman were the next developments in CFM’s continued commitment to Australian investors.
“The portfolio diversification benefits of alternative beta strategies can’t be underestimated, particularly in volatile times, and I’m pleased that we can offer them to more investors,” he said.
The $149 billion fund has named new directors following the departure of three outgoing board members.
The Association of Superannuation Funds of Australia (ASFA) has announced changes to its structure, marking an “exciting phase of growth” for the organisation.
The $74 billion fund has welcomed an experienced CIO to lead its investment strategy.
With the merger between Mine Super and TWUSuper in its late stages, the head of the soon-to-be combined fund is the latest to join ASFA’s board.