Lonsec Research appoints new CEO

Added by on October 28, 2015

Research provider, Lonsec Research, today announced Matt Olsen has been appointed as its new CEO, effective immediately, to replace David Erdonmez, who departed the business in June this year.

In his new role, the company says Mr Olsen will be responsible for managing the research team of 25 investment professionals, overseeing the implementation of Lonsec’s robust investment research process for financial advisers, as well as supporting the evolution of its service offering.

According to the company Mr Olsen brings more than 20 years’ experience in the financial services industry, including equity analysis, fund manager research and portfolio management. Prior to joining Lonsec Research, he was most recently CIO at Energy Industries Super Scheme.

Amanda Gillespie, Director of Lonsec Research and Joint CEO of Lonsec Fiscal, said Mr Olsen had extensive investment and research experience and skills to lead the research business on a continued path of sustainable growth.

“Matt’s expertise lies in his deep understanding of investment markets, hands on experience analysing both listed securities and critiquing fund managers and critically, working with clients to support implementation of research insights,” Ms Gillespie said. “His established network of relationships with fund managers, financial advisers and super funds also makes him well suited for the role.”

Ms Gillespie said the appointment of Mr Olsen positioned Lonsec Research strongly to continue delivering high quality research services for clients.

“We have launched a number of new initiatives this calendar year and we are excited to have Matt joining the team to work with our clients, to discuss how the evolving Lonsec service offering can support their businesses.”

As a wholly owned subsidiary of Lonsec Fiscal Holdings, Lonsec Research is a provider of investment product research, ratings and portfolio construction insight to the Australian financial advice market, across a broad range of unlisted investments.