Former Christian Super CEO Peter Murphy will be joining the team along with Andrew Russell, who is taking the role of relationship manager.
Mr Murphy was CEO of Christian Super for almost a decade, along with having experience from stints on Macquarie Cleantech Fund’s advisory committee and the Australian Committee of the United Nations Principles of Responsible Investment.
He currently holds other roles including as director and secretary of the Responsible Investment Association of Australasia and chairman of the Impact Investment Forum.
He said Prime Value is sharpening its institutional focus after launching several alternative investment options including enhanced cash, agriculture, infrastructure and mortgage funds.
“Prime Value’s product suite is wonderfully aligned to the institutional space, particularly those investors considering impact”, Mr Murphy said.
“Prime Value has strong integrity all the way through the business, from CEO Yak Yong Quek to Chairman John Sikkema to all the asset managers.
“It’s a best kept secret in institutional circles at present but has some compelling funds.”
On the other hand, Mr Russell has 25 years’ experience working with not-for-profits, business and financial services.
Prime Value CEO Yak Yong Quek welcomed the new appointments.
“Peter Murphy understands institutional investors, he is cut from the same cloth and we think he will be a great asset to Prime Value,” he said.
“Andrew will be pivotal in looking after our retail, wholesale and institutional investors, and connecting with new investors.”
Sarah Simpkins
Sarah Simpkins is a journalist at Momentum Media, reporting primarily on banking, financial services and wealth.
Prior to joining the team in 2018, Sarah worked in trade media and produced stories for a current affairs program on community radio.
You can contact her on [email protected].
