Macquarie Securities poaches three

Rosenfeld, Cavet and Pili come on board as the Asian equity research group further expands.

Macquarie Securities has rolled out a series of new hires in its Asian equities research group, with three new members joining from rival firms.

Mark Rosenfeld crosses to the Aussie firm as deputy head of equities research for Asia. He reports to David Rickards, head of Asian research, and upon taking the role, assumes responsibilities as part of the Asia management team for the overall equities business.

Rosenfeld heads over from Citigroup where he was deputy head of equities research in Asia and in total brings over 16 years of research in both equities research and the consumer industry, specialising in corporate finance & strategy.

Elsewhere for Macquarie, Paul Cavey has been hired as China economist and will work as part of the regional strategy and economics team. His move follows the recent hire of William Belchere as Asian economist and Desh Peramunetilleke as regional micro-strategist.

Cavey crosses from the Economist Intelligence Unit where he held the same position of China economist.

In Singapore, Ismail Pili comes on board as Macquarie Securities new ASEAN banks analyst, joining from JPMorgan where he was the Singapore and Philippines banking analyst in the Lion City.