The days when Australia “rode on the sheep’s back” may be long gone, but agriculture remains a critical component of the economy, generating valuable export income. While overseas investors understand its importance, for most local institutions it’s still a bridge too far.
For several years, investors, from institutional to retail, couldn’t get enough of the tech stocks with all their promises of future growth. But now the market has spoken and it’s saying precisely this – valuations matter again.
IO&C expands management team
IO&C, the conference business which produces this newsletter, has recruited the services of John Hamer, an experienced funds management executive, as a consulting conference producer.
Hamer, who was most recently a sales and marketing executive in funds management at Pengana Capital, will be working part-time with IO&C, which is a business unit of Binalong Advisory Services, starting immediately. He will retain his directorship and consulting work for the public relations firm of Shed Media.
His 25-year career includes being country head for US manager Nicholas Applegate and holding senior marketing roles at Suncorp Investment Management, Challenger, BNP Paribas and BT Funds Management.
For IO&C, Hamer will be assisting in all aspects of conference production and sales, starting with the Shanghai Conference on World’s Best Practice in investment operations and custody, being held this April 29-30.
