Income Asset Management Group has appointed former UBS investment specialist, Jonathan Baird, as chief executive as well as executive director for Fortlake Asset Management.
Term deposit and bond marketplace Cashwerkz may be struggling to keep its head above water but this has not stopped the company from pushing ahead with ambitious transformation plans.
The overhaul that Cashwerkz made to its business last year, with moves into bond brokerage and asset manager incubation, resulted in a cost blowout that has raised a question as to its viability.