Forefront Communications

HedgeWeek: Tourmaline Partners Adds to Senior Leadership Team in Australia

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Sam Belden

Sam Belden

Tourmaline Partners, an outsourced trading solutions firm, has made two senior hires in Australia, with Matt McShane joining as Director of Operations for Asia, and Simon Twiss as Director of Pan-Asia Trading.

Since opening its Asia-Pacific office in Sydney in January 2018, Tourmaline has seen increasing demand for its services. This growth has been driven in part by the global shift toward unbundling of trading commissions from research, and locally by the Hayne Royal Commission, which has created opportunity for firms that provide un-conflicted, unbiased, highly transparent professional services to the superannuation and investment industries.

McShane and Twiss bring skill sets that will prove instrumental in supporting Tourmaline’s growth. McShane has spent nearly 25 years in the financial services industry, gathering extensive experience in the operations and fund administration space. He most recently served as Head of Operations for Australian Philanthropic Services, and before that spent stints as Head of Operations at White Outsourcing, Ausbil Investment Management, Nikko Asset Management and Arnhem Investment Management.

Twiss has spent the past two decades in trading roles involving various asset classes. Before joining Tourmaline, he was a Partner at Arnhem Investment Management, where he led all trading efforts and worked closely with portfolio managers and analysts to generate alpha across a wide variety of portfolios. Prior to that he held roles at GLG Management and E-Trade Australia.

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