Former Armstrong Jones boss Myles Baron-Hay is to return to New Zealand to head up BT Funds Management.
Baron-Hay, who starts the job at the end of this month, replaces Graeme Fowler who has returned to BT in Sydney to become chief of staff in global funds Management.
Baron-Hay has many years experience in funds management, both in New Zealand and Australia. He was founding managing director of Armstrong Jones and has served as deputy chairman of the Investment Funds Association of New Zealand.
He left AJ about two years ago to become chief executive of his family’s building and construction business, Consolidated Constructions Pty Ltd, based in Sydney and Perth.
"We are delighted to appoint someone of Myles Baron-Hay’s calibre to this position," Bankers Trust New Zealand chief executive Rob Morrison says.
"Bankers Trust is committed to New Zealand; it is committed to an investment strategy that is based upon sound analysis and research to identify undervalued assets, securing strategic holdings and then actively managing them to create wealth for our clients."
Former Armstrong Jones boss Myles Baron-Hay is to return to New Zealand to head up BT Funds Management.