Alphinity veteran departs for UK

Alphinity Investment Management (Alphinity) has announced the departure of senior quantitative analyst, Shane Kelly, who is relocating to the United Kingdom.

Commenting on his departure, Alphinity lead portfolio manager Johan Carlberg said: "I'd like to take this opportunity to thank Shane Kelly for his outstanding contribution. Shane was Alphinity's first employee, joining the company not long after it started in 2010, and he will also be Alphinity's first ever staff departure. We wish him the greatest success in the United Kingdom."

Kelly's successor is Richard Hitchens, who for the past six years has worked at Credit Suisse Australia, serving as director of quantitative research from 2014. Hitchens will serve both the Australian and Global Equities teams in the role of senior quantitative analyst, and, according to Alphinity, is well known to both teams having been a service provider to the firm for a number of years.

Alphinity has also announced the appointment of Stuart Welch to the newly-created role of senior research analyst.

Commenting on both appointments, Carlberg said: "We are pleased to have recruited such experienced analysts as Stuart and Richard to Alphinity. Their appointments and the growth of our team are indicative of our success and continued commitment to achieving superior outcomes for our clients."