Bank of America-Merrill Lynch has hired Macquarie's Asia strategist Tim Rocks as its new Australia equity strategist, according to an internal memo. Rocks will return to his native Australia to take up his new job on August 3.
Based in Sydney, Rocks will work closely with the bank's head of Australia economics, John Rothfield, to provide macroeconomic and investment strategy insights for BoA-Merrill Lynch's institutional and broader client base, the bank said. He will also work closely with his colleagues in fixed income, foreign exchange and the other macro disciplines, and make contributions to the bank's regional cross asset-class products.
As a senior and integral member of the Asia-Pacific equity strategy team, Rocks will...