Australian Ethical portfolio manager Andy Gracey has resigned from the $13 billion investment manager after a two-decade run.
Gracey, who founded the firm’s emerging companies fund 10 years ago, will transition portfolio responsibility to newly appointed head of equities Nathan Parkin from the end of September. He will remain in an advisory capacity until the end of this year.
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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com