MELBOURNE, AUSTRALIA -- (Marketwired) -- BMO Global Asset Management announced today that it has added a key new hire to its Australian office, with Michael Angwin joining as Director, Intermediary Sales.
Mr. Angwin will be responsible for building BMO Global Asset Management's presence in the Australian financial advisory channel. He will report to Ravi Sriskandarajah, Managing Director, BMO Global Asset Management (Australia).
"We're excited to have someone of Michael's calibre on board," said Mr. Sriskandarajah. "With more than a decade of experience in the financial services sector, Michael brings an exceptional background of industry experience and a wealth of knowledge to the BMO family. He will be a great addition as we continue to grow our institutional and retail investor business in Australia."
Prior to joining BMO Global Asset Management, Mr. Angwin was the Vice President and National Distribution Manager at AQR Australia and began his career in equities at Commonwealth Bank. He earned a Bachelor of Commerce degree from the University of Western Sydney and is a qualified financial adviser.
BMO Global Asset Management's office in Australia focuses on sales and serving the needs of Australia's institutional and retail investors. BMO Financial Group has had a presence in Australia since 2004, when BMO Capital Markets Limited opened a representative office in Melbourne offering investment and corporate banking services to global clients doing business in the Asia-Pacific region. BMO Global Asset Management benefits Australian investors through greater access to a world-class team of asset managers and a group of professionals committed to service excellence.
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About BMO Global Asset Management
BMO Global Asset Management provides asset management services through BMO Asset Management Inc. and BMO Asset Management Corp.'s multi-disciplined teams based in Toronto and Chicago/Milwaukee and our network of world-class boutique managers strategically located across the globe. These boutiques include Monegy, Inc., Pyrford International Ltd., LGM Investments Limited, F&C Asset Management and Taplin, Canida & Habacht, LLC.
BMO Global Asset Management has over $281 billion in assets under management, including discretionary and non-discretionary assets under management, and is able to deliver service excellence from various research, business and sales offices throughout North America as well as in in London, Abu Dhabi, Mumbai, Beijing, Shanghai, Hong Kong, Melbourne and Sydney. Our approach has led us to be recognized by Pension & Investments as one of the world's largest 100 asset managers based on combined assets under management as of December 31, 2013.
BMO Global Asset Management is the brand name for various affiliated entities of BMO Financial Group that provide investment management, retirement plan services, and trust and custody. Certain products and services offered under the brand name BMO Global Asset Management are designed specifically for various categories of investors in a number of different countries and regions. Products and services are only offered to such investors in those countries and regions in accordance with applicable laws and regulations.
About BMO Financial Group
Established in 1817 as Bank of Montreal, BMO Financial Group is a highly diversified financial services organization based in North America. The bank offers a broad range of retail banking, wealth management and investment banking products and services to more than 12 million customers. BMO Financial Group had more than $586 billion in total assets and approximately 47,000 employees at July 31, 2014.
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