New CEO named for GSFM

Grant Samuel Funds Management (GSFM) has announced the promotion of Damien McIntyre to the role of chief executive officer (CEO), effective 1 July 2017.

He will replace outgoing CEO, Andrew McKinnon, who will move into the role of executive chair, replacing Doug Bartlett.

McIntyre is currently a director and head of distribution at GSFM and has held this role since he co-founded the firm with McKinnon in 2007.

He has more than 25 years' experience in the financial services industry, spanning stockbroking, financial planning and funds management. Prior to his role at GSFM, McIntyre spent 10 years at Merrill Lynch Investment Management as head of retail distribution and subsequently head of retail and institutional distribution.

McKinnon said the restructure is part of a long-term strategic plan for the business.

"In his role as CEO, Damien will continue to direct the future success and growth of the GSFM business, while also working with his key relationships across the market."

The move follows the recent addition of Munro Partners to GSFM's fund manager line-up, with the addition of more fund manager relationships in the pipeline.

McIntyre added: "GSFM now has five fund manager partners, each offering a differentiated investment strategy in their specialist asset class. These span Australian equities, global equities, fixed income, volatility and absolute return through global equities."

"We will continue to look at new opportunities to expand our range of fund manager partners, to offer new strategies to our retail and institutional clients."