Kyle Lidbury appointed CIO of Pacific Portfolio Solutions

Pacific Portfolio Solutions (“PPS”), the related body corporate of London-based Pacific Asset Management (“PAM”), is pleased to announce the appointment of Kyle Lidbury as Chief Investment Officer.

In this newly created role, Mr Lidbury will lead the Australia-based investment team, overseeing managed account portfolio construction, asset allocation, and adviser investment communications.

PPS brings PAM’s established investment capabilities and technology to the Australian market through managed account solutions tailored for local financial advisers and their clients. PAM, including PPS, is wholly owned by Pinnacle Investment Management Group (“Pinnacle”) and runs a single integrated investment team across its Sydney and London offices.

Formerly the Chief Investment Officer of Perpetual’s wealth management business, Mr Lidbury has more than two decades of financial services experience spanning investment research and portfolio management. He holds a Bachelor of Accounting from the University of Technology Sydney and is a CFA and CAIA charterholder.

“It’s exciting to be working with the teams across the UK and here in Australia. Pacific combines specialist investment expertise with modern technology, enabling us to implement investment decisions and adjust portfolio positioning with a level of efficiency and flexibility I have not previously seen in the Australian market,” Mr Lidbury said.

Pacific Asset Management CEO, Matt Lamb, commented on the appointment: “We’re bringing something distinctive to Australian managed accounts with PAM’s proven multi-asset process and implementation technology. We’re delighted to have Kyle leading the Australia investment team as we build on our success in the UK market.

“Being part of the broader Pinnacle Group uniquely positions the team to draw on the breadth of expertise across the Group’s high-quality affiliated fund managers and the strength of its institutional infrastructure.”

Pinnacle’s Head of Managed Accounts, David Wright, also commented on the appointment: “Kyle brings deep investment expertise and a strong understanding of the needs of financial advisers. He combines his portfolio construction and asset allocation experience with an ability to explain investment decisions clearly and communicate what they mean for client portfolios.”

The initial PPS offering will include the Pinnacle SMA Range (comprising Moderate, Balanced, Income, Growth, High Growth, and Listed Growth portfolios), providing portfolio solutions built exclusively from Pinnacle Affiliates’ actively managed strategies.

In the coming months, PPS will also introduce the Pacific Core Range – Pacific Asset Management’s flagship UK model portfolio offering – to Australia through managed account solutions tailored for the local wealth market.