PM Capital hires former Pengana exec

Equities and fixed interest manager PM Capital has expanded its distribution team with the appointment of Rebecca Morgan as sales director, effective January 2017.

In her new role, Morgan will be responsible for sales in Victoria, Tasmania and Western Australia across PM Capital's suite of funds.

Morgan has more than 10 years' experience in client relationship management, retail and institutional sales roles. She was previously regional distribution manager for Victoria, South Australia, Western Australia and Tasmania at Pengana Capital, following roles at BT Financial Group, Perennial Investment Partners and IOOF Investment Management.

Commenting on her appointment, PM Capital's CEO, Ben Skilbeck, said: "Rebecca's appointment shows PM Capital's commitment to further improve our service to clients and reflects confidence in our patient and insightful investment approach."

Morgan added: "In an industry that can sometimes be obsessed with benchmarks, I'm fortunate to work in a business that has a benchmark-unaware approach."