Milford Asset Management (Milford) is pleased to announce that Alastair Thomson has joined the company as Head of Business Development. This position has been newly created within the firm as Milford continues to reinvest back into its business.
Alastair joins Milford from Clime Asset Management in Sydney where he was Director of IMA Sales.
He is a highly experienced professional, with over 18 years in general management and marketing in the United Kingdom and New Zealand, and 13 years in the financial services sector. His experience in this sector is global with senior positions in Kuwait and Australasia. Alastair will be responsible for new business development across the organisation with particular emphasis on the IMA sector. This is a New Zealand wide appointment and Alastair is particularly looking forward to increasing Milford’s footprint in the South Island where he was born and educated.

In commenting on the appointment Anthony Quirk, Milford’s Managing Director, stated: “we are delighted that Alastair has joined our firm as he will make a strong contribution in many areas of the business. The appointment reconfirms Milford’s commitment to reinvest into its business to ensure we offer top quality investment performance and service to our existing and future clients. Milford has excellent people, processes and systems in place to achieve this and Alastair will provide additional impetus in this area as we look to grow further after a very strong rise in our funds under management in 2010.”

Milford currently has over $570m of funds under management, more than double at the same time last year.

Contact Anthony Quirk,
Managing Director,
Milford Asset Management
09 921 4702 or 021 223 4591

Milford was founded in December 2003. It is a specialist investment management company with its Executive Directors being Brian Gaynor, Anthony Quirk, Graeme Thomas and Alan Moore. It provides individually managed portfolios for a range of clients including individuals, family trusts and charitable trusts. Milford has four PIE Unit Trust managed Funds: The Milford Aggressive Fund (launched 1 October 2007); Milford Peak Fund (launched 1 October 2007); Milford Balanced Fund (launched 1 April 2010) and the Milford Income Fund (launched 1 April 2010). The Milford KiwiSaver Plan (launched 1 April 2010) offers the Aggressive and the Balanced Funds as KiwiSaver Fund options. Milford also manages wholesale Australasian equity mandates for large investors.