Funds Management News

Perpetual announces new head of equities following resignation

Posted by Anton Murray Consulting on . Posted in Funds Management News

InvestorDaily

Perpetual has promoted Vince Pezullo to the role of head of equities within Perpetual Asset Management Australia following the resignation of Paul Skamvougeras. In an ASX announcement on Monday, Perpetual confirmed that Mr Skamvougeras had made the decision to step down from the role, with Mr Pezullo taking over from him immediately. With over 26 years of experience in the industry, the firm said that Mr Pezullo has a deep understanding of its investment approach, process and philosophy as well as a proven ability to deliver strong performance through market cycles.

He originally joined Perpetual in 2007 and has been its deputy head of equities since 2016. CEO and managing director Rob Adams described Mr Pezullo as a highly respected portfolio manager. “His long tenure as deputy head of equities combined with Perpetual’s investment in succession planning and the resultant strength across our Australian equities team, provides us with confidence that this will be a seamless and successful transition,” said Mr Adams.

The rest of this article can be found at investordaily.com.au.

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