New hires in Equity Sales and Trading to further strengthen Australian platform

Hong Kong

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Hong Kong Sydney – Thursday 8 October, 2015 – CLSA, Asia’s leading brokerage and investment group is pleased to announce two strategic hires to its Australian institutional equity business headquartered in Sydney.

Published jointly with CITIC Securities (CITICS), the OBOR: Silk Belt and Sea Road reports assess the countries, sectors and companies that will benefit most from China’s ‘brilliant plan’ to connect Asia and Europe by borrowing the concept of the historical Silk Road. The Silk Road Economic Belt (One Belt) aims to build infrastructure to ensure a long-term presence for China in Eurasian countries and the 21st Century Maritime Silk Road (One Road) plans to build ports and maritime facilities from the Pacific Ocean to the Baltic Sea.

Mr Christian Ford joins CLSA Australia as a senior sales trader to further strengthen CLSA’s trading desk as it continues to leverage market opportunities domestically and internationally. Ford joins from Commonwealth Bank of Australia where he was a Director. Previously, he held senior positions at Nomura and Macquarie in Australia. Ford will report to Karl Guilfoyle who joined CLSA from BAML in March as Head of Sales Trading, Australia.

Mr Ben Shakespeare joins CLSA Australia’s expanding sales team as a senior sales executive. Shakespeare was previously an Executive Director at Commonwealth Bank of Australia where he worked closely with Ford. Prior to CBA, Shakespeare held head of sales desk roles at Nomura and Credit Suisse. He will report to Edward Clegg who joined CLSA from JP Morgan in May as Head of Sales and Client Management, Australia.

CLSA Australia Country Head Andrew Norman said the two new hires bring outstanding experience to CLSA and reinforce the company’s commitment to deliver market-leading sales, trading and research capabilities to the Australian fund management industry.

“I am delighted Christian and Ben have joined CLSA Australia. Their decision validates our differentiated, research-driven, agency-only broking model which has positioned CLSA as a not-to-be-ignored broker in the short time we have been operating in Australia.”

Both Ford and Shakespeare commence at CLSA Australia in late November, 2015.