Wellington hires from GAM

Wellington Management, the US$1trillion asset manager, has confirmed the appointment of Sophie McFadyen as a local account manager.

McFadyen joins from GAM Investments, where she was the senior manager for the firm's institutional business.

Before her 18 months at GAM, she spent six years at BlackRock in a similar role.

At the world's largest asset manager, McFadyen served as vice president of institutional client business.

Before that, she worked at Credit Suisse as an associate of prime services.

Her job was to manage the Swiss banking giant's relationships with local hedge funds.

She was also tasked with helping global hedge funds looking to raise capital in Australia.

Meantime, Natasha Kewal has departed Wellington Management as an account manager to take up a role at UBS Asset Management.

Reporting to head office, Kewal has been hired as an investment specialist dealing with fixed income.

Earlier, she worked at PIMCO, Colonial First State and Macquarie Bank.