Ausbil promotes equities research head

Ausbil has promoted longtime head of equities research, Nicholas Condoleon, to co-portfolio manager for Ausbil Active Sustainable Equity Fund.

"We congratulate Nick on his promotion to Co-Portfolio Manager and Head of Equities Research going forward," said Paul Xiradis, Executive Chairman and Chief Investment Officer at Ausbil. "Nick has been an outstanding contributor to Ausbil on equities analysis, sector allocation and in portfolio management, and is a strong leader of our Equities Research Team."

Ausbil has also promoted Andrew Peros as deputy head of equities research and equities analyst to support Condoleon. He'll cover specific areas, including agriculture, building materials, and telco.

Condoleon first joined Ausbil in 2007 and has experience with Citigroup in Australia and New York, and Commerzbank in London. He was appointed head of equities research in 2012.