Omega appoints Head of Portfolio Management

Simon Tung
SIMON TUNG
Omega Global Investors Pty Ltd - Head of Portfolio Management
DEPARTURE
IFM Investors Pty Ltd
IFM INVESTORS PTY LTD
Date: December 2017
Position: Senior Portfolio Manager
APPOINTMENT
OMEGA GLOBAL INVESTORS PTY LTD
Date: December 2017
Position: Head of Portfolio Management

Omega Global Investors (Omega) has announced the appointment of Simon Tung to its senior investment team as head of portfolio management, effective December 2017.

Tung has over 20 years' industry experience across fixed income, equities and investment strategy, with roles at Treasury Corporation of Victoria, AXA Investment Management and Westpac. Most recently, he was a senior portfolio manager at IFM Investors.

Commenting on his appointment, Omega managing director, Mathew McCrum, said: "Simon will help to us to expand our portfolio of outcome-based solutions. Omega's unique Smart Beta Plus offering in the Australian marketplace is an example of investment innovation, combining clever risk controls. Simon's experience will complement Omega's capabilities across a broad sub-set of asset classes, and we welcome him to our team."

Tung added: "I am excited to join Omega and its successful investment team. I look forward to deepening and strengthening client relationships and contributing to Omega's continued growth."

Tung replaces Shan Kwee who will take on a credit strategist role with Janus Henderson Investors in January 2018.