Investment strategy director takes on credit risk at Barrenjoey

Asmita Kulkarni, who has been the director of FIIG Securities' investment strategy group for the last two years, has moved to Barrenjoey Capital Partners as head of credit risk.

A spokesperson from FIIG confirmed Kulkarni's departure, saying they are recruiting for a replacement.

Kulkarni spent just over three years with FIIG. She came from UBS where she was a credit officer for hedge funds and financial institutions. She's also held roles with Westpac and Macquarie.

Former UBS Advisory MD Guy Fowler is executive chair for the Barrenjoey Capital.

Reporting from Eliza Bavin at Financial Standard contributed to this story.