In her new role she will look to drive the firm’s evolving relationship with Australian institutional investors, including local insurance companies, industry funds, defined benefit funds, non-profits and corporate funds, Russell stated.
Russell’s institutional business is actively seeking new alliances to build customised multi-asset funds, or align them with Russell’s existing suite of outcome-driven, multi-asset solutions, the group stated.
Ms Hampshire commenced her career with Russell in 2000, most recently as assistant director of product in London in 2006, and returns from a role as chief operating officer, investments Pacific Mercer.
She brings a deep understanding of the Australian institutional market and will be instrumental in building the firm’s alliance approach by collaborating with a much broader set of institutional clients, the group stated.
Russell’s Asia Pacific chief executive, Alan Schoenheimer, said Ms Hampshire will “play a critical role in highlighting to local institutions the full power of the Russell proposition”.
Ms Hampshire’s experience “spans business strategy and business financials, investment consulting, product development and institutional sales, so she is well placed to drive relationships with institutions and forge new alliances,” he added.
“Russell has focused its capabilities on providing clients with actively managed, outcome-oriented, multi-asset portfolios that offer real diversification by using richer components and being more adaptive to changing markets.”
Russell’s first partnership in its alliance approach in the retail advice market came with retail financial planning group Matrix Planning Solutions, under which Matrix launched its five actively managed multi-asset portfolios in February. The PartnerShip Funds are designed to deliver different outcomes depending on the investor’s life stage and income needs, Russell stated.