Jarden announced its intention to expand into the Australian market in May with the appointment of Robbie Vanderzeil as its new Australia CEO. Since then the investment firm has only gotten more serious, ending its decades-long alliance with Credit Suisse due to “the evolving strategic priorities of both firms” and making more than 40 appointments across capital markets, corporate advisory, and equities and research.
Jarden’s latest move sees the appointment of 10 new research analysts as the firm adopts a “modern sector style approach” to meet clients’ evolving needs.
“We are delighted to have attracted some of the best talent from around the world and will continue to invest into the team going forward,” Mr Vanderzeil said.
“Each sector team will be built by combining senior, long-term industry expertise with the best talent regardless of tenure. The sectors and factors that will produce the next generation of returns will invariably be different to those of today and we will be seeking to utilise data and partnerships to deliver a more holistic approach to research to best service our clients’ needs today and into the future.”
The appointments include:
Lou Pirenc as head of property and REITs, equity research; Steven Wheen, as head of healthcare, equity research; Elizabeth Miliatis, vice-president for equity research – financials; Matthew Johnston, vice-president, equity research - emerging companies; Elise Kennedy, vice-president, equity research – technology and gaming; Jakob Cakarnis, vice-president, equity research – industrials; Keegan Booysen, research analyst, equity research – consumer; Sebastian Clemens, research analyst, equity research – healthcare; James Wilson, graduate, equities research – transport & contractor; Joe Pardea, supervisory analyst and research business manager, equity research.
According to Jarden CEO James Lee, the full Australasian research team will initially consist of 25 publishing analysts throughout Australia and New Zealand, with each sector specialist having over 15 years’ experience.
“Our philosophy is to align our coverage approach to the real-world environment that our clients invest in,” Mr Lee said.
“We will be focusing on a sector-based coverage model that seeks to assist clients generating absolute returns in areas where we believe we can add value, as opposed to an index-based stock coverage model.”
