AMG names new distribution boss for Australia

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Kevin Haran has joined Affiliated Managers Group in Sydney as managing director, head of distribution, Australia and New Zealand, according to an AMG news release just before Christmas.

He replaces Gregor Rennie, who has indicated his intention to step down, according to the release. Rennie set up the Australian office for the US-based multi-affiliate manager in 2007. He had previously been head of business development for GMO Australia. Prior to that he spent a long time earlier in his career as a portfolio manager for the Reserve Bank of Australia.

Haran comes to AMG from Natixis Investment Managers, where he served as head of institutional sales, Australia and New Zealand, also in Sydney.

Haran was at Natixis since early in 2015. He was previously at Macquarie Investment Management, for nearly 10 years, most recently as head of institutional business development.

Natixis is to conduct a search to fill his role, a US spokesperson told Pensions & Investments (US).

AMG has 34 affiliates offering funds management capabilities in the US or globally, plus a handful of wealth management distribution-style affiliates. Its funds under management total US$804 billion as of last September. In Australia, one of its leading affiliates, AQR Capital, has its own distribution office.

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