Who We Are - MST Financial

MST Financial Team

Gerard Satur

CEO

Gerard has 23 years of experience in financial markets managing premium institutional equities business in Australia and a macro hedge fund in asset management. Across the management of these businesses, Gerard has constructed strong teams, partnering with high calibre industry professionals. Before starting MST Financial in 2017, Gerard was CEO at MST Capital -a Global Macro Hedge Fund with a focus on the Asia Pacific region. Prior to that, Gerard spent 17 years at UBS where he was Managing Director and Head of Securities, Australia & New Zealand and prior to that Head of Equities in the Americas.

Karen Sercombe

COO

Karen has over 10 years of industry experience. Prior to joining MST, Karen worked at Credit Suisse for 10 years where she was the COO for Equity Research. Karen holds a Master of Commerce (Finance) from UNSW, as well as a practical legal qualification from the University of Sydney.

Grant Eshuys

Capital Markets

Grant has over 25 years’ experience in financial markets, banking and Corporate. Prior to starting at MST, Grant worked at Bell Potter where he built relationships with Corporates and led 35 separate transactions including Equity placements, ANREO’s, AREOS and IPO’s as well as sell side mandates. Before that, Grant worked at Citi for 16 years managing different teams across Australia & New Zealand who were responsible for institutional, SWF and Pension clients investing in Australian Market products.

Rachael Hogg

Client Relations Manager

Rachael has been working in financial markets for over 6 years. Applying an education in Economics at Sydney University, Rachael has worked in various areas of MST Financial since graduating with distinction in 2018. Prior to joining MST Financial, she worked for MST’s current CEO Gerard Satur, when he was CIO of Global Macro Hedge Fund, MST Capital.

Sarah Sagvand

Business Manager

Sarah has over 10 years’ experience in financial markets. Prior to joining MST Financial, Sarah worked in Corporate Banking at J.P. Morgan for 5 years and more recently spent 6 years at Moelis Australia where she worked in the Institutional Equities business before moving into Asset Management to assist with wholesale and HNW investor relationships. Sarah holds a Bachelor of Business (International Management) from Western Sydney University and has completed a National DTR Certificate from the Stockbrokers and Financial Adviser Association of Australia.

Andrew Goodsall

Healthcare Analyst

Andrew has specialised in Australian Healthcare equity research since 1999, and is rated the Number 1 sector analyst in each of the major surveys since 2004. Prior to joining MST Marquee in 2017, he was with UBS and Citi. This followed pivotal roles in healthcare which included Chief of Staff to the Healthcare Minister in the reformist Kennett Government in Victoria in the 1990’s. Andrew serves on several healthcare boards, including the NSW Northern Sydney Local Health District (7 major public hospitals; $1.6b budget) and the Australian Institute of Health and Welfare. Andrew’s qualifications include; BA(Hons in Politics), MBA, Grad Dip Asian Studies.

Andrew Paine

Healthcare Analyst

Joining the MST Marquee team in 2018, Andrew covers large cap listed healthcare companies. Andrew holds a Masters Degree in Applied Finance from Macquarie University, as well as a Bachelors degree in Business and Commerce from Western Sydney University.

Fraser McLeish

Telco & Media / Online Analyst

Fraser is Head of Australian Media, Online and Telecommunications coverage at MST Marquee. Fraser was Head of Media and Telecommunications at Credit Suisse Australia from 2013-2018 and had a similar role with ABN AMRO/RBS from 2003-2013. Prior to that Fraser covered the UK and European Telecommunications sector at Investec in London. Fraser qualified as a UK Chartered Accountant with Arthur Andersen in 1997 and spent 3 years working in the telecommunications industry as a Business Development Manager with First Telecom in London. He has an MA in Economics from St Andrews University.

Mark Samter

Energy Analyst

Mark Samter has been covering the Energy sector globally since 2006, having covered the sector in London before moving to Australia in 2009. Mark has been the top ranked Energy analyst in the Peter Lee Survey across all three categories (Top 15 Investors, Priority Clients and All Investors) since 2015. Prior to joining MST Marquee in 2018 Mark worked for Credit Suisse, CIMB, CLSA and Citigroup. In addition, Mark worked as an Economist at an economic consultancy in London prior to joining the stockbroking industry. Mark holds a BSc in Economics from The University of Southampton.

Rohan Sundram

Gaming and Contractors Analyst

Rohan has twelve years of experience in equities research, including three years at Citi where he achieved a number one ranking in the 2017 Peter Lee survey for Gaming sector coverage and number two ranking for Engineers and Contractors coverage. Prior to Citi, Rohan spent four years at UBS where was part of the top two ranked Gaming and Engineers and Contractors research teams. Prior to UBS, Rohan spent almost 5 years at Austock Securities where he covered a range of sectors including Gaming, REITS and various small to mid-cap industrials. Before his equities career, Rohan had over seven years of experience across the banking and insurance industries. Rohan has a Bachelor of Economics from the University of Sydney, a Graduate Diploma in Applied Finance and Investment and has completed the CFA program.

Scott Hudson

Emerging Companies Analyst

Scott has fifteen years of experience in equities research, across both global and Australian markets. Scott spent 9 years at CLSA before joining MST in 2019 initially as a basic materials analyst (2010-2016), but more recently as Head of the Small Cap equity research team (2016-2019). Prior to that Scott was an analyst at Citibank in Sydney and Morgan Stanley in London, where he covered a range of basic materials stocks. During his time at CLSA Scott achieved multiple number one rankings in the annual Asiamoney Brokers poll across both Industrial (2014 & 2015) and Small Cap sectors (2017 & 2018). Scott is a qualified Chartered Accountant and has a Bachelor of Accounting from Rhodes University in South Africa.

Keith Chau

Basic Industries Analyst

Keith has had 13 years Equity Research covering Building Materials, Chemicals, Packaging and Steel sectors. Keith joined MST in July 2019 after 3 years at Evans & Partners, and prior to that, 8 years at J.P. Morgan. At J.P. Morgan, he was an Executive Director in the Equities Research team, and held lead coverage of the Building Materials, Chemicals, Packaging and Steel sectors. Prior to that, he spent 3 years at PricewaterhouseCoopers in the Corporate Finance and Valuation & Strategy team. Keith graduated from the University of Otago in New Zealand with a Bachelor of Commerce (Finance Major; Economics Minor) and Bachelor of Science (Pharmacology Major).

Hasan Tevfik

Investment Strategist

Hasan Tevfik joined MST in 2018 as the Investment Strategist based in Sydney. He is part of a team that concentrates on broader themes within financial markets and their implications for investors. He has previously worked as a Australian, European and Global Equity Strategist, with Credit Suisse and Citigroup in Sydney and London. Hasan has more than 20 years' experience in the investment industry and started as a junior investment analyst just before the Asian crisis in 1997. He holds a Bachelor of Economics (First Class Hons) from La Trobe University and is a CFA charter holder.

Peter Redward

Macro and FX

Peter has specialised in FX strategy in the Asia Pacific region with a focus on emerging Asia since 1998. He launched Redward Associates in 2011 to provide research unbundled from product and commission. Prior to founding Redward Associates, Peter was Head of Emerging Asia research at Barclays Capital. Based in Singapore, Peter was responsible for a team of 19 economists and strategists covering economics, sovereign credit, fixed income and foreign exchange for Emerging Asia, Australia and New Zealand. Peter Redward started his career in 1995 as an economist at the Reserve Bank of New Zealand where he was employed in a variety of policymaking and forecasting roles. Peter has a Master of Philosophy (Hons) in economics from the University of Auckland (1995) and a Bachelor of Agricultural Economics from Massey University (1993).

David Hewitt

Global Energy

With 30+ years experience both in industry and banking David brings unique insight into the energy sector for MST clients. He worked for Texaco/Caltex/Chevron for 18 years, including five years on the North West Shelf and Gorgon LNG Projects in a senior commercial role. David then moved into finance as a sell-side Oil and Gas Analyst and has continuously written & published Global Macro LNG and crude oil reports for the last 14 years. David has served as the Regional Head (Asia) at CLSA, the Global Head at Credit Suisse and latterly the European Head of Oil and Gas Research at Macquarie. As well as producing macro analysis David has covered oil and gas stocks in Japan, China, India, Australia (with Mark Samter) and the Global Super-Majors. David is a regular speaker at high profile industry conferences and contributes to both print and broadcast media.

Michael Bentley

Mining and Energy Analyst

Michael has over 20 years’ involvement in equity markets. He has experience as both a portfolio manager and analyst at large and boutique fund managers, focusing on mining and energy stocks. He has been responsible for the implementation of ESG into investment processes. Michael has also worked in broking with Morgan Stanley Equity Research in mining and energy corporate access and client relationships. Michael holds a Bachelor of Economics from Sydney University and is a CFA charter holder and qualified Chartered Accountant.

Glen Wellham

Financial Technology Analyst

Glen has over 20 years’ experience covering a range of both small and large cap financial services stock. Glen has extensive experience in Equity Research and Equity Capital Markets and was part of #1 ranked diversified financials team and #2 insurance team in equity research whilst at Citi.

Chris Kallos

Life Sciences Analyst

Chris has over 20 years’ experience in both Australian and US stocks. He has covered small, medium and large cap stocks for a range of research houses in Australia, the United Kingdom and the United States.

Rosemary Cummins

Life Sciences Analyst

Rosemary has over 20 experience specialising in Healthcare research at Citigroup and UBS. She has consultant to several Australian and international companies and has also led the Investor Relations function for ASX 100 listed pharmacy distribution and hospital companies.

David Fraser

Industrials Analyst

David has over 20 years’ experience in industrial equities research and advisory. He has worked at a number of investment banks including 14 years at UBS where he was a member of the #1 rated Transport, Utility and Infrastructure team.

Manny Anton

ECM & Syndication

Manny has over 30 years’ experience in financial markets, banking and Corporate. Before joining MST, Manny worked at UBS, Credit Suisse and RBC where he covered equities and equity derivatives that were based in London, Hong Kong and Sydney. Manny has also worked with Corporates/Small Companies in IR & Development roles in the Energy & Resources Sectors.

Jarrod Bakker

Research Sales

Jarrod has had a 17-year career in Financial Markets focussed on equity markets in Asia and Australia. Prior to joining MST, Jarrod spent most of his career with Citigroup Global Markets, in roles that included Asia Sales & Trading and running the Australian Hedge Fund product. He is skilled in Sales Trading, Hedge Fund Sales, Bloomberg and Financial Markets and is a strong finance professional with a Master of Applied Finance from Macquarie University.

Tom Larkin

Equity Sales

Tom has 23 years experience in Financial markets focused on Equities in Australia and the US. Prior to joining MST Tom spent 12 years at Citigroup Global markets, in both Sales and Hedge Fund sales roles. Tom also spent 8 years at Jefferies Inc in both Sales and Trading roles and ran the US Hedge Fund desk in London. Tom has a strong finance background completing a Bachelor of Economics and Science at Australian National University and Diploma of Applied Finance from Securities Institute of Australia.

Jamie McCall

Research Sales

Jamie has had a 18 year career in financial markets, focussed on equity markets in Australia. Prior to joining MST, Jamie spent most of his career managing risk at Citigroup, Goldman Sachs and Deutsche, where he was a trusted sale trader to major domestic and offshore fund managers across general equity, AREIT and NZ. Jamie is skilled in block sales trading, is benchmark agnostic and looks to seeks out differences between perception and reality in markets.

Joe Cruz

Trading

With over 15 years of industry experience, Joe brings a wealth of knowledge to MST. Prior to joining MST in in 2017, Joe worked at Deutsche Bank Securities and Citibank prior to that.

Rodney Walker

Asset Management

Rodney brings over 30 years of experience in financial markets and investing to MST. Rodney is able to looks for investment solutions that are best practice, transparent and cost effective and then finds the natural investors. Prior to MST, Rodney worked at Bank of America Merrill Lynch, Commonwealth Bank, Macquarie Group, Deutsche Bank and UBS. Rodney holds a Bachelor of Business (Accounting) from RMIT.

Julia Coronado

US Economics

Julia is founder and principal of Macro Policy Perspectives (MPP), an independent US economics research firm based in New York. Julia is an economist with extensive experience in both policy making and financial markets. She has a PhD in Economics from the University of Texas and more than a decade of experience as a financial market economist serving as Chief Economist for Graham Capital Management and BNP Paribas, a Senior Economist at Barclays Capital and the Federal Reserve Board of Governors in Washington D.C where she regularly briefed the Board, contributed to the FOMC forecasts and represented the Federal Reserve at meetings of the OECD’s Committee on Financial Markets.

Grace Galloway

Associate

Joseph Alam

Associate

Anton Jokovic

Associate

Spencer Goodsall

Associate