Chief investment officer Greg Peacock has left the firm and his investment responsibilities have been taken over by executive director Alan McChesney and James Caughey.
"Greg has been a valued member of the NZAM family, we remain close and wish him well in terms of what does next," McChesney said.
"James Caughey joined NZAM in 2008 and is now head of our manager tesearch. He also sits on our internal investment committee, which I chair."
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