Lonsec names Ex-Morgan Stanley operative as chief investment officer
Nathan Lim has touched down at Lonsec. Street Talk understands the influential research house told staff that Morgan Stanley Private Wealth Management’s co-head of investment management services in Asia would become its next chief investment officer on Wednesday.
Lonsec has named Nathan Lim its next chief investment officer.
Lim left the bank in April after seven years and will return to Sydney to seize the role. Before that, he was head of research at Australian Ethical and became portfolio manager at its international equities shares fund in 2011.
Lonsec is well-known as one of the country’s largest research shops, making or breaking investment products with its ratings scale. It has also been expanding its managed accounts business in the past eight years.
The firm, which is backed by venture capitalist Mark Carnegie and ASX-listed Generation Development Group, now has $9 billion in funds under management, including the funds it picked up in the acquisition of investment consultancy Implement Portfolios in July 2022.
The unit delivers its own model portfolio to financial advisers, made up of rated funds and direct equities, but is also building out its bespoke managed accounts, offering asset allocation expertise.
It’s on the bespoke side of things where Lim sees the opportunity for growth, eyeing a niche in designing bespoke responsible investing portfolios for clients beyond clunky exclusionary screens.
As chief investment officer, he will sit alongside senior members of Lonsec’s investment solutions team on a range of committees including product and investment oversight, asset allocation, manager selection and direct equities. He will also oversee a staff of 17 investment professionals.
Lim’s appointment comes
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