22 May 2012
Macquarie Investment Management (MIM), part of the Macquarie Funds Group, announced today the appointment of Axel Maier as Head of Asian Distribution.
Mr. Maier joins as a Managing Director and will lead MIM’s Asian Distribution team, focusing on bringing the deep asset management expertise and strong performance of MIM’s investment teams to institutional investors in the region.
Ben Bruck, Global Head of MIM, said “I am delighted to welcome Axel Maier to the team. With our strategic move to shift our distribution emphasis towards institutional distribution in Asia, Axel brings extensive senior experience in dealing with both major institutional investors and partnership arrangements with financial institutions”.
Mr. Maier, with 19 years experience in the institutional distribution industry, joins MIM from Wellington Management where he variously had responsibility for institutional distribution for South-East Asia, Korea and the Middle East, based in Singapore and more recently Continental Europe, based in London. Prior to Wellington he was at Baring Asset Management as MD of their German subsidiary, at Paribas Investment Management and at Dresdner Asset Management covering South-East Asia.
Commenting on his appointment, Mr. Maier said: “I am impressed by the quality and breadth of the Macquarie fund offering globally. In particular, the range of fixed income, equity and alternative strategies MIM offers will allow us to have a consultative approach that supports the strong relationships we have with our clients".
Macquarie’s Asia New Stars Fund was recently awarded Best Asia Pacific Small and Mid Caps Equity Fund over three years in the 2012 Lipper Funds Hong Kong Awards, while US-based Delaware Investments was ranked first in the ‘Barrons Fund Families Report’ for 2012.
“I expect these and MIM’s other investment strategies to generate a significant amount of interest across Asia and globally.” Mr. Maier added.
Mr. Maier will be based in Hong Kong from May.
For further information, please contact:
Fiona McDonald, Media and Communications, Asia
+852 3922 3591
Elizabeth Cox, Media and Communications, Asia
+852 3922 3818
About Macquarie Group
Macquarie Group (Macquarie) is a global provider of banking, financial, advisory, investment and funds management services.
Macquarie’s main business focus is making returns by providing a diversified range of services to clients. Macquarie acts on behalf of institutional, corporate and retail clients and counterparties around the world.
Founded in 1969, Macquarie employs more than 14,200 people in 28 countries. At 31 March 2012, Macquarie had assets under management of $A327 billion.
About Macquarie Investment Management
Macquarie Investment Management offers securities investment management capabilities across a number of asset classes including fixed interest, currencies, equities, infrastructure securities, private markets, hedge funds and multi-asset allocation solutions.
Macquarie Investment Management has over $A222 billion of assets under management and a team of more than 800 staff across Australia, Asia, Europe and the US (as at 31 March 2012).