abrdn strengthens Australian Multi-Asset Investment Solutions offering with Investment Director appointment

by | May 3, 2022 | IN THE MEDIA

Global asset manager abrdn announced today it has hired an Investment Director to further strengthen its Australian Multi-Asset Investment Solutions (MAIS) offering for wholesale and institutional investors, financial advice groups and investment platforms.

abrdn has appointed Raf Choudhury to the newly created position where he will play a leading role in managing abrdn’s Australian multi asset funds (including the Multi-Asset Real Return Fund and Multi-Asset Income Fund) and its rapidly growing managed accounts capability. Raf will report to Irene Goh, Head of Multi-Asset Investment Solutions – Asia Pacific, and will be an important member of abrdn’s Asia-Pacific and Global MAIS teams.

Choudhury joins abrdn from State Street Global Advisors where he held a range of portfolio manager roles over a 17-year period in both the UK and Australia, and most recently was State Street’s Head of Investment Strategy & Research – Australia.

Irene Goh, Head of Multi-Asset Investment Solutions Asia Pacific, abrdn, said:

“We are extremely pleased to have Raf onboard to further our successes in Asia Pacific. This signifies our commitment to the business and clients in Australia with Raf driving the growth of abrdn’s multi asset investment capability locally. He will assume the portfolio lead for the Australian-based portfolios and managed accounts. 

“The breadth of abrdn’s investment platform across public, alternative and private markets, coupled with digital, sustainability and investment solutions capabilities anchors our ability to provide customised cross-asset solutions to meet clients’ complex needs today. Raf will be instrumental in bringing these to the doorstep of our Australian clients and the investing community. We look forward to partnering with our clients in addressing their challenges.

“A key element of Raf’s responsibilities will also be contributing investment insights to the broader MAIS teams that should translate into successful portfolio strategies. With his experience, we look to Raf delivering valuable and sophisticated analytical research as well as investment strategies to the regional and global investment network.

Brett Jollie, Managing Director Australia, abrdn, added:

“This new role is a great example of abrdn investing in the Australian business. We have listened to our clients and acted to meet their needs.

“While Raf will be the Multi Asset business’ point person here in Australia, he will be backed by our large global team of more than 100 MAIS professionals who manage more than AU$83billion (US$61billion) in multi-asset investment strategies.

“Raf will also play an integral role in the development and further growth of our managed account capability. abrdn Australia currently has a suite of over 20 separately managed account solutions for financial advice licensees and advisers to tap into, and is a core growth pillar for the Australian business.”