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New appointment for Lonsec’s Equity Research team

As a result of growth in demand for specialised equity research, Lonsec has added another resource to its Equity Research team.

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Nicholas Yaxley joined Lonsec in March 2011 to focus on researching listed fixed interest and hybrid securities.
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Nicholas previously held the position of Investment Analyst at Black Swan Capital Partners. In this role he was responsible for the development and execution of bespoke mandates, predominantly for international high net worth or sophisticated investors.
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Marcus Tuck, Head of Equity Research and Stockbroking for Lonsec commented, “Nicholas‟s experience in listed debt, equity and hybrid markets will be a welcome addition to our listed research team and should result in valuable investment ideas for our clients.”
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Prior to Black Swan Capital Partners, his previous experience includes work as an international Credit Analyst at JP Morgan Asset Management and as a Portfolio Manager at Sumitomo Trust and Banking Co. Ltd.
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Following this appointment, Lonsec‟s Equity Research team has grown to six, supported by more than 30 other research professionals. Nicholas previously held the position of Investment Analyst at Black Swan Capital Partners. In this role he
was responsible for the development and execution of bespoke mandates, predominantly for international high net worth or sophisticated investors.
x
Marcus Tuck, Head of Equity Research and Stockbroking for Lonsec commented, “Nicholas‟s experience in listed debt, equity and hybrid markets will be a welcome addition to our listed research team and should result in valuable investment ideas for our clients.”
x
Prior to Black Swan Capital Partners, his previous experience includes work as an international Credit Analyst at JP Morgan Asset Management and as a Portfolio Manager at Sumitomo Trust and Banking Co.Ltd.
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Following this appointment, Lonsec‟s Equity Research team has grown to six, supported by more than 30 other research professionals.
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IMPORTANT NOTICE: The following relate to this document published by Lonsec Limited ABN 56 061 751 102 (“Lonsec”) and should be read before making any investment decision about the product(s). Disclosure at the date of publication: Lonsec receive a fee from the fund manager for rating the product(s) using comprehensive and objective criteria. Lonsec‟s fee is not linked to the rating outcome. Lonsec does not hold the product(s) referred to in this document. Lonsec‟s representatives and/or their associates may hold the product(s) referred to in this document, but detail of these holdings are not known to the Analyst(s). Warnings: Past performance is not a reliable indicator of future performance. Any express or implied rating or advice presented in this document is limited to “General Advice” and based solely on consideration of the investment merits of the financial product(s) alone, without taking into account the investment objectives, financial situation and particular needs („financial circumstances‟) of any particular person. Before making an investment decision based on the rating or advice, the reader must consider whether it is personally appropriate in light of his or her financial circumstances or should seek further advice on its appropriateness.  If our General Advice relates to the acquisition or possible acquisition of particular financial product(s), the reader should obtain and consider the Product Disclosure Statement for each financial product before making any decision about whether to acquire a product. Disclaimer: This document is for the exclusive use of the person to whom it is provided by Lonsec and must not be used or relied upon by any other person. No representation, warranty or undertaking is given or made in relation to the accuracy or completeness of the information presented in this document, which is drawn from public information not verified by Lonsec.  Conclusions, ratings and advice are reasonably held at the time of completion but subject to change without notice. Lonsec assumes no obligation to update this document following publication. Except for any liability which cannot be excluded, Lonsec, its directors, employees and agents disclaim all liability for any error or inaccuracy in, or omission from, this document or any loss or damage suffered by the reader or any other person as a consequence of relying upon it.

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