9 June 2015
Bennelong Funds Management (Bennelong) today announced the appointment of Ryan Durance to the role of Director of Distribution, Institutional.
The appointment follows on the heels of recent announcements about Bennelong’s joint initiatives with new global infrastructure investment manager, 4 Corners Infrastructure, and global real estate team Quay Global Investors. In addition, Julian Beaumont this month joined the Australian equities BAEP team as their new Investment Director.
Changes are afoot and Bennelong’s expansion is set to continue.
Andrew Aitken, Bennelong’s Head of Distribution, welcomed Ryan to the Distribution team saying he was a great fit for the high-performance culture at Bennelong. “We are committed to building a contemporary business development and client engagement model, ultimately being recognised for excellence in delivering best in class, high alpha investment managers and products,” said Andrew.
Ryan Durance joins Bennelong from Schroders PLC in London, where he was an Equity Long/Short Product Manager. In this role he was in charge of formulating the global business development strategy, aiding product development and acted as a Product Specialist for four European & UK long/short strategies and a UK small cap long only fund.
Prior to this, Ryan was an International Sales Manager at Cazenove Capital Management (later acquired by Schroders), where his main task included managing a book of European and US institutional investors (private banks, family offices, consultants, insurance companies, pension funds and funds of hedge funds) to raise assets in offshore hedge funds, absolute return funds and long only strategies (equity and fixed income).
Other roles in the UK have included Private Banker, UK Private Bank at Barclays Wealth, as well as positions at Coutts & Co and Merchant Investors.
Bringing with him almost a decade of financial services experience and in-depth technical knowledge, Ryan’s key strength is in building robust relationships with institutional investors. Focusing beyond generating sales, Ryan is committed to supporting investors with their need for open channels of communication regarding asset managers’ views, changes in stock selection and macro-economic outlook.
Reporting to Andrew Aitken, Ryan will join the Distribution team on 9 June and will be based in Bennelong’s Melbourne office.