Key Takeaways
- • Zenith Investment Partners lost head of portfolio solutions Steven Tang after 17 years with the firm, the latest in a series of senior departures.
- • Andrew Yap, who joined Zenith in 2012 and was named deputy head of portfolio solutions in July 2025, will succeed Tang and lead a team of 12.
- • Yap will report to investment director Damien Hennessy, who was appointed to his role in July.
- • Recent senior exits include managing director Jason Huddy, co-founder David Wright, founding partner Ben Davis and business development head Berit Deagan; Wright and Davis each spent more than 20 years at the firm.
Summary
Zenith Investment Partners has lost another senior staff member with the departure of Steven Tang, its head of portfolio solutions, according to Money Management. Tang joined Zenith as an investment analyst in 2008 and rose through roles including head of income team and senior investment consultant before becoming head of portfolio solutions in 2019, a post he held for six years. He has not publicly announced his next position.
The research house has seen a number of senior exits in recent months, including managing director Jason Huddy, co-founder David Wright, founding partner Ben Davis and business development head Berit Deagan. Wright and Davis each spent more than 20 years at the business, while Huddy and Deagan worked at the firm for around five years.
Andrew Yap will succeed Tang. Yap has spent 13 years with Zenith, progressing from senior investment analyst in 2012 to head of income and multi-asset in 2015 and head of multi-asset and Australian fixed income in 2018, before being named deputy head of portfolio solutions in July. Before joining Zenith, he held roles at Pitcher Partners, where he spent almost a decade as senior research manager, and at Standard & Poor's as head of multi-asset and associate director. He also spent more than six years at Monash University as an industry fellow and lecturer.
In the new role, Yap will lead the firm's 12-person team responsible for consulting on and delivering portfolio solutions to clients, reporting to investment director Damien Hennessy. Hennessy was appointed to his role in July, having previously served as head of asset allocation and strategy from March 2021.
Zenith general manager and group head of product and data Matthew Warren said Yap's knowledge of the investment landscape, the firm and its clients positions him well to lead the team. Warren credited Yap with the ability to unite and inspire teams, add value to the firm's research and portfolio capabilities, and deliver solutions that meet the evolving needs of advisers and investors.
The research house has seen a number of senior exits in recent months, including managing director Jason Huddy, co-founder David Wright, founding partner Ben Davis and business development head Berit Deagan. Wright and Davis each spent more than 20 years at the business, while Huddy and Deagan worked at the firm for around five years.
Andrew Yap will succeed Tang. Yap has spent 13 years with Zenith, progressing from senior investment analyst in 2012 to head of income and multi-asset in 2015 and head of multi-asset and Australian fixed income in 2018, before being named deputy head of portfolio solutions in July. Before joining Zenith, he held roles at Pitcher Partners, where he spent almost a decade as senior research manager, and at Standard & Poor's as head of multi-asset and associate director. He also spent more than six years at Monash University as an industry fellow and lecturer.
In the new role, Yap will lead the firm's 12-person team responsible for consulting on and delivering portfolio solutions to clients, reporting to investment director Damien Hennessy. Hennessy was appointed to his role in July, having previously served as head of asset allocation and strategy from March 2021.
Zenith general manager and group head of product and data Matthew Warren said Yap's knowledge of the investment landscape, the firm and its clients positions him well to lead the team. Warren credited Yap with the ability to unite and inspire teams, add value to the firm's research and portfolio capabilities, and deliver solutions that meet the evolving needs of advisers and investors.
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