Perhaps the assumption that markets are still anchored by predictable economic policies needs to be challenged. For the first time since the fall of the Berlin Wall, political volatility – once background noise – is potentially reshaping investment risk at a structural level.
Despite authorities taking their foot off the environmental, social and governance pedal and recent volatility in equities and bonds, the benefits of Artificial Intelligence and improved investor transparency are just beginning.
Paradice recruits head of distribution
Paradice Investment Management has appointed Stephen Bramley as head of institutional distribution, a new position for the Australian and international small-cap specialist.
Bramley has had a lot of experience in similar roles, most recently as head of distribution for Asia Pacific at Pacific Current Group, which was Australia’s first listed multi-affiliate manager, then known as Treasury Group. It has subsequently expanded into the US, like Paradice.
Prior to his nine years at Pacific Current, promoting a range of Australian and offshore managers, he was head of institutional for Mercer’s investment management arm, and before that a senior business development manager at Russell Investments. He spent 10 years at MLC, including head of sales and service for its implemented consulting business. He started at Paradice in mid-April.
David Paradice, who founded the firm in 1999 and remains its managing director, said: “We have been fortunate to have wonderful clients happy to back new teams that we bring into the business and the emerging markets team are off to a great start for them. Stephen’s appointment will help our distribution efforts on not only this new strategy but the other capabilities we offer clients.”
Paradice has evolved its product line-up over the past two decades, offering strategies in both the Australian and global equities space. The emerging markets equities team, based in San Francisco, will mark its two-year anniversary in May, as will its Australian long/short strategy. Before that the firm launched its global small-cap strategy in 2010.
