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GSAM grows distribution team

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Goldman Sachs Asset Management (GSAM) has appointed Sam Besley as a key account manager in Melbourne.

Mr Besley joins from Fidelity where he worked as a business development manager for the NSW adviser market, and in his new role will manage adviser relationships within Victoria and Tasmania.

Mr Besley has also held roles with AXA Australia, ANZ and CBA in Australia and the UK after beginning his career in retail financial planning, GSAM stated.

The group said this is the fourth recent hire in the expansion of its third party distribution team, which it has been growing since buying out a joint venture with JB Were in July 2011.

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The group also added Ben Daily from RARE Infrastructure as a key account manager for New South Wales and Queensland in May, while Nick Green joined as a key account manager for Victoria and Andrew Stadelmann as a product specialist, both based in Melbourne, late last year.

Jessica Jones was also appointed as head of Third Party Distribution last year, GSAM stated.