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Andrew South leaves BT

Wednesday, March 3rd 2004, 10:44PM
Andrew South, BT’s New Zealand Equities and listed Property portfolio manager, has resigned from BT Funds Management to pursue other business opportunities.

Paul Richardson will assume responsibility for managing New Zealand equity and listed property portfolios for BT’s clients.

Richardson is very experienced in researching both New Zealand and Australian corporates over the last 13 years.

He will continue to manage the funds in accordance with BT’s well-established and proven investment processes.

Peter Davidson, a member of BT Australia’s investment team, will provide additional support for Richardson. He joined Westpac Investment Management, now a part of BT Financial Group in 1994 and is responsible for portfolio management of large cap core equities and is also the portfolio manager for the low risk active LPT Funds.

Davidson has 19 years experience in the financial markets across treasury, corporate advisory and the equity markets.

BT is in the process of recruiting additional resources within its equities team over the next few months.

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