Following its recent “Research House of the Year 2012” award, Lonsec has made a number of senior appointments across its research business.
David Erdonmez has been appointed General Manager – Managed Funds Research and will join Lonsec in early October. In this role, David will be responsible for managing the team of analysts undertaking core managed funds research, ensuring the continued high quality of Lonsec’s research material and ongoing enhancement of the research process.
Amanda Gillespie, Chief Executive of Lonsec’s research business, commented, “David’s strong technical background, knowledge of investment products and respect within the industry will make him a valuable addition to Lonsec’s research team.”
David joins Lonsec from Standard & Poor’s Fund Services where he was Head of Fixed Income Managed Funds Research. As well managing the fixed income research team, he had full accountability for all fixed income stakeholder relationships, client communication and analytical output.
Lonsec’s coverage of investment products is categorised into two sub-groups – core managed fund products – such as equity and fixed income funds – and specialised products, spanning structured products, direct assets, ETFs and SMAs.
As a result of this, Michael Elsworth’s role has been expanded to General Manager – Specialised Research.
“Michael has been responsible for undertaking and overseeing research across these specialised products for a number of years. As investor demand for research on specialised products has increased, Lonsec has boosted the number of analysts covering them,” said Gillespie.
“This expansion of Michael’s role will position Lonsec to continue delivering high quality research across these evolving sectors,” said Gillespie.
Other notable changes within Lonsec’s research team include Paul Pavlidis, who has been promoted to Chief Operating Officer, with overall responsibility for business management.
