Street Talk can reveal Watermark chief investment officer Justin Braitling is retiring from the industry and handed over the reins of his Absolute Return Fund to Blackwattle.
The new fund manager, which launched its first three funds this month, has named Apex Group for fund administration, transfer agency, middle officer and custody solutions.
Equity Trustees has won another responsible entity mandate this month from a fledgling investment manager whose funds currently focus on Australian equities.