Two senior investment staff depart Russell following restructure

A spokesperson for Russell Investments has confirmed that Andrew Sneddon, along with Graham Harman, has left the firm following a restructure.

Sneddon, a 20-year veteran of Russell Investments, served in the role of managing director, senior multi-asset portfolio manager. Harman was a senior investment strategist, having joined in 2010. Both were based in Sydney.

Symon Parish, Russell Investments' chief investment officer, Australasia, who has been with the firm for 25 years, has now assumed responsibility for multi-asset team and portfolio management functions in Australia, the spokesperson said.

To find out more about the firm's restructured portfolio management reporting lines, and move to an 'emulation' model across its funds, click here to read the story in Investor Strategy News last week.