Global investment manager hires IFM associate director

Global investment management firm Orbis has hired IFM associate director Stuart Place to join their organisation as senior institutional client manager. He will be based in Melbourne.

Place makes the move after more than 8 years with IFM. Before that he spent 4 years with Mercer in a mix of BDM and marketing roles.

Said Jason Ciccolallo, Orbis head of institutional business: "Stu's appointment demonstrates our commitment to the Australian institutional space and our focus on providing more support to our clients and consultants.

"It's great to have someone of Stu's experience joining the Orbis team where he will be responsible for managing institutional client and consultant relationships."

Founded in 1989, Orbis now has more than $50 billion AUD in assets under management and is listed as South Africa's largest private asset manager.