Associate Moves: AB, IAM

Income Asset Management, AllianceBernstein and Breakthrough Victoria have all appointed new associates - two directors and one investor relations professional.

Newly minted CFA charter holder Avril Wang has joined AllianceBernstein as an associate with the Australian client group.

Wang has held similar roles at Ammundi, BNP Paribas and PineBridge Investments.

Speaking of her new qualification, Wang said: "The CFA program has been an incredible learning experience and equipped me with the knowledge and skills needed to navigate the complexities of the investment management industry."

Meanwhile, Ellen Allardice has joined Income Asset Management Group as a capital markets associate.

Last month, the ASX-listed bond broker hired a team of fixed-income specialists from rival FIIG Securities.

The new capital market directors included  Darryl Bruce who came aboard as executive director and head of Western Australia.

He was the state manager for that state at FIIG and is now tasked with spearheading the firm's entry into that market.

"Together with our skipper, Darryl Bruce, we have opened a Perth office to take advantage of the opportunity in WA adding to the growth that IAM has already experienced over the last 3 and half years," Allardice said.

"I've worked with Darryl for four years ...and am really looking forward to tackling this new venture under his wing."

Finally, a one-time former NZ Super Fund investment analyst has landed at Breakthrough Victoria, the $2 billion investment fund set up to support innovation.

The firm called Raeana Connell a "values-driven professional" who is "passionate" about investments and making a positive impact.

She possesses a strong foundation in private equity & venture capital whilst working across niche and varied asset classes for various entities in New Zealand.