By the middle of November, commodity trading advisory funds
tracked by Credit Suisse prime services had dropped 1.5 percent on the month, owing to the losses in energy futures and the increased volatility.
The strategy of focusing on our discretionary service while completing the remaining reviews of advisory services is reflected in the ongoing organic growth in discretionary funds and net outflows from advisory funds
Other positions currently held by Ballard include director of Fonterra Co-operative Group Limited, director of Magellan Flagship Fund Limited, chairman of the Advisory Funds
at Pacific Equity Partners and director of the Sydney Neuro Oncology Group.