Executive appointments

ART names general managers

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Australian Retirement Trust's leadership overhaul has led to the appointment of two general managers and the departure of two senior portfolio managers.

Ondre Ozer is set to leave ART as the country's second-largest superannuation fund moves to disband its investment resilience and planning division, of which he was a part.

Ozer's boss, Jody Fitzgerald, who joined ART over a year ago as head of investment resilience and planning, will now oversee the fixed income unit as general manager of defensive liquid assets and portfolio intelligence.

As part of the restructure, Andrew Fisherº1, who was head of investment strategy, has been renamed general manager of portfolio management and resilience.

Before his nearly four-year tenure at ART, Ozer worked at Sunsuper, supporting the design, development, and implementation of models for the fund's investment functions.

Meanwhile, also leaving is senior portfolio manager Andrew Morgan, who oversaw multiasset class portfolios while crafting sophisticated global fixed interest strategies.

His career includes eight years at QSuper Group, where he had a similar role.

Betashares hires private assets director

James Fleiter, a former member of the institutional sales team at Ares Management Australia, has joined Betashares as the exchange-traded funds provider expands into private credit.

Fleiter joins as director of private assets after taking three months' gardening leave following his departure from Ares.

Betashares confirmed that he will join the lineup of investment strategists reporting to executive director and senior investment strategist Cameron Gleeson.

"We're working on responsibly opening access to private assets in the near future, and we're excited to welcome James Fleiter to our growing team to help drive forward our offering in this asset class," said Peter Harper, head of distribution and capital markets at Betashares.