Milford Asset Management confirms three senior hires

Trans-Tasman fund manager Milford Asset Management has confirmed three significant new hires as the firm builds its in-house investment capability.
It is appointing Rupert Horrocks as head of private markets, Richard (Rick) Mercado as head of global equities and David Lewis as head of wealth portfolios.

"The appointments represent a significant step in the continued evolution of Milford's investment capability," chief investment officer Wayne Gentle said.

The three bring deep expertise in areas important to Milford's future growth and would strengthen the firm's investment platform, Gentle said.

"Their appointments position us well for the next phase of development while maintaining our focus on delivering strong outcomes for clients," he added.
Milford has $35 billion of funds under management across New Zealand and Australia.