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Macquarie steps up equities capability
Macquarie Funds Group has further developed its fundamental equities research capabilities with the appointment of two analysts.
Former Bernstein analyst Wim Steemers has joined as senior financial analyst, while Liam Donohue has been appointed research analyst.
Macquarie’s Australian equities fundamental research team supports the group’s core active, high conviction, small companies and microcap funds. In these funds Macquarie is expanding on it traditional quantitative investment style by including bottom-up fundamental research. Macquarie hopes the funds offered in this space will be a significant area of new business for the group.
Steemers spent eight years as a senior research analyst in Bernstein’s value equities team in London and New York. There he was responsible for bank and insurance companies in Australia and Asia (ex-Japan).
Steemers will remain in Macquarie’s London offices before relocating to Sydney early next year.
Donohue joined the team after spending the last four years in Macquarie’s investment risks division.
Macquarie’s Australian fundamental equities team now has nine members, while the broader Australian equities team has more than 35, a statement from the group said.
AUTHOR
Mike Taylor
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