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Russell expands insto consulting team
Russell Investments has expanded its team with two new hires and announced intentions to double its investment consulting business in the next three years.
Dr Jerome Lander, former chief investment officer of WorkCover NSW, had moved to Russell as director of consulting, while Migara Alles joined the company as an investment consulting analyst.
Head of consulting and advisory services in Australia for Russell Investments Greg Liddell said the new hires came amid increased institutional demand for advice, as the investment environment grows more complex.
“The services where [institutional clients] engage consultants are becoming increasingly complex and specialised; to remain relevant to sophisticated clients in a post-[global financial crisis] world, consultants need to continually broaden and deepen their pool of intellectual property,” Liddell said.
Lander had also served as the head of international equities and diversified assets at Credit Suisse Asset Management and was formerly head of research at van Eyk Research.
Alles moved from the wholesale banking division of National Australia Bank and will be based in Melbourne.
The new hires bring Russell’s Australian consulting and advisory team to 18 and the global team to 82 associates.
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