Morgan Stanley Investment Management announced today the expansion of its Australian client coverage team with the appointment of Daniel Vanden Boom. With seven years experience in the asset management industry, Daniel joins from Merrill Lynch Investment Managers, where he was part of the institutional sales team.
Morgan Stanley Investment Management has recorded a 30 per cent increase in assets under management from Australian clients this year. The Firm has won mandates from five new institutional clients in the last six months, while the Macquarie Morgan Stanley Global Franchise Fund has recorded inflows in excess of $100 million following its launch late last year.
Michael Kollins, Executive Director at Morgan Stanley Investment Management, said “Daniel brings extensive experience and knowledge of Australian investing institutions to the Firm and his appointment reflects the strong and increasing interest in Morgan Stanley Investment Management’s services and products from Australian institutions. We are finding interest across all out product range - global equities, global fixed income, alternatives, emerging markets and global property securities.”
Morgan Stanley Investment Management, with over 400 investment professionals around the world, has more than $416 billion in assets under management or supervision as of May 31, 2005. The division offers wealth management services to a diverse client base, which includes governments, institutions, corporations and individuals.
Morgan Stanley (NYSE: MWD) is a global financial services Firm and a market leader in securities, investment management, and credit services. With more than 600 offices in 28 countries, Morgan Stanley connects people, ideas and capital to help clients achieve their financial aspirations.
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