Public Trust adds new portfolio manager

FMA head of investment management moves to Public Trust.

Tuesday, May 23rd 2023, 11:08AM

Nick Combs is a new senior portfolio manager in the Public Trust's investment team.

He joins the 150-year-old Crown entity from his most recent role as Head of Investment Management at the Financial Markets Authority (FMA), where he had oversight responsibilities for managed investment schemes, including KiwiSaver schemes.

His career includes time as a fixed interest analyst for retail funds at Fidelity Investments and Eaton Vance Management in Boston, and middle office management and structured finance analytics roles at Babson Capital Management and Columbus Nova Credit Investments in Charlotte, US.

His work at the FMA on liquidity risk management, ESG disclosure practices, and assessment of risks in the New Zealand funds management sector builds on his specific fixed interest expertise.

Public Trust general manager investments, Amanda Livingstone, says, Combs brings broad experience across multiple asset classes and deep knowledge of structured finance analytics, here and offshore.

"Nick’s background, coupled with his strong sense of stewardship align well with our commitment to careful management of our
fiduciaries’ funds.”

Tags: Public Trust