Milford Asset Management (Milford) is pleased to announce that Mark Warminger has joined the company as Portfolio Manager. This position has been newly created within the firm to enhance Milford’s portfolio management capabilities as the firm continues to invest in the business in order to deliver superior returns to its clients. It reinforces Milford’s commitment to have an investment team with depth and experience.

Mark has a wide range of investment experience across financial markets both in New Zealand and internationally. Prior to joining Milford in 2011 Mark worked for Macquarie Private Wealth as Head of Investment Strategy in New Zealand. Prior to Macquarie Mark worked as an Investment Manager for Goldman Sachs New Zealand managing two high performing New Zealand and Australasian investment funds.

Mark began his career in London with Foreign and Colonial Asset Management as an Investment Manager investing in North American equities. As part of his role he travelled extensively through the US and Canada and managed one of the top performing US Equity smaller company funds.

He has a Bachelor of Science Economics Degree (with honours) from the University of London.

In commenting on the appointment Anthony Quirk, Milford’s Managing Director, stated: “we are delighted that Mark has joined Milford and strengthened our Portfolio Management Team. The appointment reconfirms Milford’s commitment to reinvest into its business to ensure we offer top quality investment performance and service to our existing and future clients. Milford has excellent people, processes and systems in place to achieve this and Mark will provide additional impetus in this area as we look to grow further after a very strong rise in our funds under management in 2010.”

Milford currently has over $800m of funds under management, a 45% rise from the same time last year.

Contact Anthony Quirk, Managing Director, Milford Asset Management

09 921 4702 or 021 223 4591