Credit Suisse has appointed Evan Reedman as head of consultant relationships for Asia-Pacific in a newly created role that will draw upon external consultant links to help the bank’s institutional clients allocate across various asset classes.

Based in Melbourne, Reedman joins this week from Queensland Investment Corp, an Australian wholesale fund manager with about $60 billion in assets, where he was director of lifecycle strategies – a unit aimed at protecting the balances of superannuation fund contributors. He was previously head of portfolio construction at JANA Investment Advisors.

In his new position, Reedman will interact with investment consulting firms that advise institutional investors on issues including asset allocation, manager section and portfolio monitoring. He reports to Will Britten, head of asset management, Australia, at Credit Suisse.

The bank is building out its asset management business in Asia, notes Britten, and the creation of Reedman’s role was key to ensure “we are able to service the needs of institutional investors and make sure we can provide all the informational support on that”.

Britten adds:  “We have a team across the region – in Tokyo, Hong Kong, Singapore, Seoul, Sydney and Melbourne – who are responsible for the interaction with institutional investors.”

Credit Suisse’s asset management unit manages a broad range of investment vehicles, including alternatives, multi-asset class investments, fixed income/equity and emerging market strategies which are offered to its clients.

Britten adds that investment consultants play a vital role in advising institutional investors on asset allocation and asset manager section.