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Shane Solly to join Harbour Asset Management

HARBOUR STRENGTHENS ITS INVESTMENT MANAGEMENT TEAM

Harbour Asset Management, the Wellington-based investment management company, today announced that Shane Solly will join the firm towards the end of March 2014.

Harbour Asset Management’s managing director Andrew Bascand said, “Shane has worked in financial markets for over 20 years and brings with him a wealth of experience in managing client’s money over many market cycles.”

At Harbour, Shane will contribute to the team’s equity research and portfolio management. He joins Harbour from Mint Asset Management where he was Head of Equities for seven years. He has also had senior roles at Goldman Sachs (NZ) Ltd, ING (NZ) Ltd and AXA Ltd. In these roles Shane has helped manage clients’ money across high conviction NZ and Australasian equity portfolios and listed property portfolios. Shane is well respected in markets and has helped deliver impressive investment performance for his clients over many years.

Andrew Bascand says Harbour is pleased to have Shane join the team as this further strengthens the experienced and proven equities team. Andrew will remain portfolio manager for the equity growth portfolios and Craig Stent remains portfolio manager for Harbour’s equity income portfolios.

“We know that Shane is excited by this new challenge and looks forward to working within a well resourced team that is focused on delivering a high level of client service, helping our clients grow their wealth through deep research and a disciplined and robust investment process.

“Shane’s appointment supports our intention to widen the range of investment solutions that Harbour offers. We plan to launch a wholesale listed property fund and a retail and wholesale high conviction Australasian equities fund in the coming months,” Andrew Bascand said.

ENDS

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