New York-based Pzena adds senior position to its Australian Team

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Pzena Investment Management, LLC (Pzena), the New York-based, classic value global equities investment manager, is pleased to announce the expansion of its Australian business with the appointment of Mr. John Jardim to a leadership role, as a Director of Business Development and Client Services.

John will be based in Melbourne, working alongside Mr. David Taylor, to lead the Pzena business in Australia.

John Jardim has had a successful 20-year career in the Australian asset management industry, most recently as Head of Institutional Distribution at BNP Paribas Investment Management and previously spending 10 years at Blackrock Asset Management both in Institutional and Wholesale Distribution roles. He commenced his role with Pzena earlier in the month.

David Taylor said “Pzena is delighted to welcome John Jardim to a leadership role in our Australian team at an exciting time for the development of the firm’s interests in Australia and New Zealand. There is a heightened interest in our investment proposition following an upturn in the value cycle after a long period of drought for this style of investment and at a time when, despite some recent narrowing, investment spreads between value and growth stocks remain at unprecedented wide levels”.

Firm founder and CEO, Richard Pzena comments, “the Australian and New Zealand savings markets continue to represent a very attractive proposition for our firm both for their sophistication and scale. Already, we have established a strong position in these markets, and we are excited to have John Jardim joining us to help lead the next phase of our journey here”.

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