About
At MST Financial, our greatest asset is our people. With diverse skills and backgrounds, our dedicated team is committed to delivering value for our clients.
Gerard Satur
CEO
Gerard has 25 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 joined MST Financial in 2019, and has been in the finance industry since 2008. 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.
Jo Altit
Head of Finance
Jo joined MST Financial in 2023. Jo has had over 28 years' experience in the financial services industry, all of which have been with Credit Suisse across Australia, Hong Kong and Singapore. She has held various positions within Finance including Financial Accounting, Product Control and most recently Head of Tax for Australia. Jo is a Chartered Accountant and graduated from the University of Glasgow with a Bachelor of Accountancy.
Sarah Sagvand
Business Manager
Sarah joined MST Financial in 2018, and has over 10 years’ experience in financial markets. Prior to joining MST, 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.
Anna Korobeynikova
Compliance Manager
Anna started in the legal profession in 2013. She brings her diverse legal and compliance experience from working across two continents, including PwC Russia and a Sydney boutique generalist law firm. Anna holds a Master’s degree in International Human Rights Law & Policy from UNSW and a Bachelor of International Law from Moscow State Institute of International Relations. She is currently working towards completing her foreign qualified lawyer admittance with the University of Sydney.
Thomas Mulcahy
Compliance Officer
Thomas joined MST financial in 2023. Prior to joining MST, Thomas had spent the last 3 years working with Citi in the Enterprise Risk team and had worked on a number of projects including Risk Identification and Enterprise Rise Governance Framework. He has obtained a Bachelors degree in Economics and Mathematical Sciences and holds a Masters degree in Risk Management and Insurance from the University of Limerick.
Chloe Lam
Business Analyst
Ava O'Brien
Intern
Ava joined the MST Operations team as an intern in 2024. Ava is currently studying a Bachelor of Commerce and Advanced Studies at the University of Sydney with majors in business information systems and history. Ava currently holds a distinction average and has experience working in a commercial construction company.
Andrew Goodsall
Healthcare Analyst
Andrew Goodsall has specialised in Australian Healthcare equity research since 1999, and rated as the number one 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 1990s. Andrew has serves on several healthcare boards, including the NSW Northern Sydney Local Health District (7 major public hospitals; $1.6b budget) and previously the Australian Institute of Health and Welfare. Andrews qualifications include; BA (Hons in Politics), MBA, Grad Dip Asian Studies.
Dan Hurren
Healthcare Analyst
Dan joined MST Marquee in 2021 to partner with senior healthcare analyst Andrew Goodsall. Dan and Andrew were the #1 ranked healthcare research team from 2004 to 2014 at Citi and UBS. Dan moved to Singapore in 2014 where he was head of the UBS Australian Sales Desk for six years. Before his equities career, Dan spent 15 years as an Australian Regular Army Officer serving in Australia and offshore. Dan has a Bachelor of Arts from the University of New South Wales and a Masters of International Studies from Sydney University. Dan Hurren is a representative of Health Finance Group Pty Ltd, who is an authorised representative of MST Financial.
Craig Woolford
Consumer Discretionary & Retail Analyst
Craig Woolford was most recently the Head of Research for Citi Australia/NZ. He led a team of more than 40 staff responsible for analysing stocks, interest rates and the economy. Craig was also the lead Consumer Analyst at Citi, leading the team that ranked top three with clients in both Retail and Food & Beverages. Craig was at Citi for 16 years and prior to that was at CommSec as a lead analyst on the Consumer sector for four years. He is regularly cited in industry journals and the media for his insights about the state of Australian retailing and performance of the major companies across the retail and food and beverages sectors. Craig also has experience in funds management and debt capital markets.
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.
David Gibson, CFA
Senior Research Analyst
David Gibson was most recently Chief Investment Advisor for Astris Advisory Japan which he co-Founded in 2018. Prior to that, he was Head of Research for Macquarie Securities Japan where he led a team of 15 research staff covering 200 Japanese companies. In Japan, David was also the Internet and Games analyst covering stocks like SoftBank Group, Rakuten, and Nintendo. Prior to 17 years in Japan, David was at Macquarie Securities USA for 5 years covering EU/US media. Before Davids 18 years at Macquarie, he had buy-side roles for 14 years in Melbourne at HSBC Asset Management and National Mutual. David is often quoted in WSJ, FT, and NY Times for his expertise in video games globally.
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.
Keith Chau
Basic Industrials 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).
Brian Johnson
Senior Research Analyst
Brian Johnson has over 36 years of experience and was previously the Head of Bank Equity Analysis Australia at Jefferies, and prior to that CLSA, JP Morgan and Macquarie Bank before joining MST Financial as a Senior Research Analyst covering the Banks sector. He has extensive experience and brings with him a wealth of knowledge.
Saul Kavonic
Senior Energy Analyst
Saul has been in the energy sector for over 15 years. Prior to joining MST in 2024, Saul was the Head of Energy and Resources Equity Research at Credit Suisse for over 5 years, covering the energy, bulk miners and green metals sectors. He frequently presents at leading industry conferences in the region, is the top ranked energy analyst in Australia according to industry surveys, and is a regular gas and energy commentator in print and broadcast media. Saul has previously worked in the energy sector in commercial, research and government policy roles. He has worked in commercial and strategy roles at Woodside Energy, Australias largest oil and gas company, and was the principal analyst in Australasia for Wood Mackenzie, the worlds leading energy consultancy. He has also worked at M.H.Carnegie & Co, one of Australias largest Venture Capital funds, and has worked in economic development policy roles for the United Nations and African Union Commission. Saul is a member of the industry advisory board for the University of Western Australia Oceans Graduate School and a co-founder of Refugees Welcome Australia. Saul holds degrees in Law (Honours) and Chemical Engineering (Honours) from the University of Melbourne.
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.
Garth Francis
Consumer Sector Analyst
Garth joined MST Financial in 2023, with over 15 years' experience working in financial markets across South Africa, Singapore and Australia. Before joining MST, Garth had spent 9 years on the buyside as an equity analyst at both Foord Asset Management and Adam Smith Asset Management, prior to which he worked in audit across a number of sectors. Garth holds a Bachelor of Commerce from Rhodes University, is a CFA charterholder, a CAIA charterholder and is a Chartered Accountant. Garth Francis is an authorised representative of Retail Mosaic Pty Ltd, which is an authorised representative of MST Financial.
David Hewitt
Global Macro
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 5 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.
Ben Karaitis
Associate Analyst
Ben joined MST Financial in 2021 as a recent graduate of the University of Sydney. He holds a Bachelor of Commerce with majors in Finance, Financial Mathematics and Statistics, graduating with high distinction. Throughout his degree, Ben also studied at the University of California, Los Angeles, where he majored in Business Economics. Ben Kairaitis is a representative of Eleven One One Pty Ltd, who is an authorised representative of MST Financial.
Noah Hunt
Associate Analyst
Noah joined MST Financial in 2022 as an intern and has since commenced full-time after graduating from UNSW. He holds a Bachelor of Commerce and Economics with majors in finance and economics, graduating with distinction. Noah has picked up experience in both private equity and corporate tax internships, whilst tutoring for the finance department at UNSW. Noah is an authorised representative of Retail Mosaic Pty Ltd, which is an authorised representative of MST Financial.
Hugo Pruscino
Associate Analyst
Hugo joined MST Financial in 2024 via the MST Financial Internship Program. He is currently in his third year of university, studying a Bachelor of Commerce majoring in Finance and Economics at the University of Sydney. He has an 80+ WAM and is on track to graduate with First Class Honours (H1). Prior to joining MST, Hugo worked at Colin, Biggers and Paisley in their Insurance team where he developed valuable analytical and research skills.
Rhys Collyer
Associate Analyst
Rhys joined MST Financial in 2024 as an Associate Analyst. Rhys is completing his Master of Applied Finance at Macquarie University. He holds a Bachelor of Medical Science from the University of Sydney, with majors in Pharmacology and Immunobiology. Rhys has prior experience in medical research and has authored peer-reviewed publications.
Daniel Kleijn
Corporate Advisor
Daniel joined MST Financial in 2023. Daniel has over 25 years of experience and was previously the Managing Director at Lazard and UBS, before joining MST Financial. He has extensive experience in executing mergers and acquisitions and arranging funding for various industries. During his career, Daniel successfully completed over $100 billion in M&A transactions and raised more than $30 billion in debt and equity financing for clients across Australia, Asia, the United States, and Europe. Daniel holds a Master of Economics degree from the University of Groningen in the Netherlands. Daniel Kleijn is an authorised representative of Elsmore Consulting Pty Ltd, which is an authorised representative of MST Financial.
Ben Brownie
Corporate Advisor
Ben joined MST Financial in 2022. Ben began his career at a Sydney based hedge fund, after which he joined MST in the Mining and Metals Equity Research team, before joining the MST Corporate Advisory team. During the initial phase of his academic journey, Ben engaged in diverse roles encompassing sales, accounting, and business development at a prominent national construction company. He holds a Bachelor of Commerce from the University of Sydney, majoring in Finance and Marketing.
Edward Hawke
Capital Markets
Ed joined MST Financial in 2021. Ed has worked in financial markets since 2018, starting his career at Bell Potter securities serving both high net worth and institutional clients on the dealing desk. He then worked as an equities dealer at a Sydney-based fund manager assisting with capital raising, distributions and trade ideas. Ed holds a Bachelor of Economics from the University of Sydney, majoring in Economics and Accounting. He is RG-146 compliant, an accredited derivatives advisor and is currently working towards his CFA. Edward Hawke is a representative of Gee Consulting Pty Ltd, who is an authorised representative of MST Financial.
Bryan Tan
Capital Markets
Bryan joined MST Financial in 2021. He is a practicing Medical Doctor and Academic, bringing a wealth of experience in Medical Affairs, Clinical Development, Regulatory Affairs, and Strategy. Prior to joining the MST Capital Markets Team, he held positions at Johnson& Johnson, AstraZeneca, and most recently as a senior executive at Medical Developments International (ASX: MVP) as the Global Head of Medical Affairs and Clinical Development. Bryan graduated from Monash University with a Bachelor of Medicine and Bachelor of Surgery with Honours, and a Bachelor of Science (Pharmacology), and a Certificate in Negotiation from Harvard Business School. Bryan Tan consults to the MST Capital Markets Team in relation to public and private capital market transactions. Bryan Tan is an authorised representative of Gee Consulting Pty Limited, which is an authorised representative of MST Financial.
Justin To
Capital Markets
Justin joined MST Financial in 2022, and has worked in financial markets since 2018. Starting his career at CommSec, he served both HNW and institutional clients. He then worked at the ASX as an investment analyst and managed ASX’s portfolio of existing and future investments. Justin then moved to an Australian-based boutique investment bank as an investment banking analyst, where he provided corporate advisory services and led multiple capital raises for ASX-listed companies. Justin holds a Bachelor of Commerce from the University of Technology Sydney, majoring in finance, and is RG-146 compliant. Justin To is a representative of Gee Consulting Pty Ltd, who is an authorised representative of MST Financial.
Jarrod Bakker
Research Sales
Jarrod joined MST Financial in 2019, with over 17 years' experience 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. Jarrod Bakker is an authorised representative of JKB Investment Consulting Pty Ltd, which is an authorised representative of MST Financial.
Tom Larkin
Equity Sales
Tom joined MST Financial in 2020, and has over 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. Tom Larkin is an authorised representative of Gliscente Pty Ltd, which is an authorised representative of MST Financial.
Alan Tam
Research Sales & Trading
Alan joined MST Financial in 2021. Alan has an extensive trading background within the financial markets from his 26 years at Citigroup Global Markets. He has well-developed and trusted client partnerships across equities in both Australia and Asia. Prior to joining MST, Alan was Head of Sales Trading at Citi advising institutions and corporates on execution services. Alan Tam is an authorised representative of Tandem Assets Pty Ltd, which is an authorised representative of MST Financial.
Jamie McCall
Research Sales
Jamie joined MST Financial in 2019, and has had more than an 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. Jamie McCall is an authorised representative of Real Blue Alpha Pty. Ltd, which is an authorised representative of MST Financial.
Joe Cruz
Trading
Joe joined MST Financial in 2017. With over 15 years' of industry experience, Joe brings a wealth of knowledge to MST. Prior to joining MST, Joe worked at Deutsche Bank Securities and Citibank prior to that. Joseph Cruz is an authorised representative of JACJ Investments Pty Ltd, which is an authorised representative of MST Financial.
Cameron Duncan
Income Solutions
Cameron joined MST Financial in 2024, creating the new MST Income Solutions division. With over 30 years’ experience in securities trading, sales, syndication, and portfolio risk management, Cameron brings specialised knowledge in listed debt, hybrid and convertible bond valuation, distribution, investment, and trading. He has long-standing relationships with institutional investors in credit products, including hybrid securities and listed debt.
Steve Anagnos
Income Solutions
Steve joined MST Financial in 2024, creating the new MST Income Solutions division. He brings extensive financial markets and investment experience with a demonstrated track record in establishing and growing trading, distribution, and advisory businesses. Steve has a detailed understanding of equities, credit, fixed income, foreign exchange, hybrid, convertible, and derivative products and strategies across various international markets.
Lafitani Sotiriou
Diversified Financials & Technology Analyst
Lafitani is a Diversified Financial, Fintech, and Emerging Growth analyst. He began his analyst career at Southern Cross Equities but went on to work at Bell Potter for over a decade. Prior to this, Lafitani held a variety of roles at JPMorgan, Perpetual and CBA. Lafitani holds a Masters in Commerce (UNSW) majoring in Business Strategy, with a Graduate Certificate in Applied Finance at FINSIA, and is a Graduate of the AICD Director's Course.
Scott Hudson
Diversified Financials & Services 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.
Matthew Frydman
Metals & Mining Analyst
Matthew is a Metals and Mining analyst. He has been covering the sector since 2016, firstly at Deutsche Bank and more recently Goldman Sachs. Prior to this, Matthew spent nearly a decade in the mining industry as a Mining Engineer working in a variety of roles for global mining majors Rio Tinto and Glencore. Matthew holds an MBA from the AGSM (UNSW), and a Bachelor of Mining Engineering.
Joseph Licciardi
Diversified Financials & Technology Analyst
Joseph joined MST Financial in 2022, having worked in banking and finance since 2018. Whilst studying his Bachelor of Finance at La Trobe, where he majored in accounting, he worked at the Bank of Melbourne and the National Australia Bank. More recently, he worked as a graduate analyst at Pitcher Partners. Joseph also holds his RG-146 Tier 2 accreditation. Joseph Licciardi is a representative of Melbourne Maple Pty Ltd, who is an authorised representative of MST Financial.
Michael Trott
Associate Analyst
Michael joined MST Financial in 2024 as an Associate Analyst after graduating from UNSW. He holds a Masters degree in Applied Finance from UNSW (graduating with Excellence), as well as Bachelors degrees in Economics and Law from UQ (graduating with Honours). Prior to MST, Michael worked across the financial services and legal industries all whilst completing his various studies.
John Meagher
Manager, Sandstone Insights
John joined MST Financial in 2018, and has since transitioned to Manager of Sandstone Insights. John has more than 28 years of experience in financial services having worked in margin lending and asset management in Australia and the UK. Prior to joining MST he was the Head of Institutional Business at Fidelity and held a similar role at AMP Capital for 10 years prior to that. He has also worked at Invesco, Macquarie Bank and Leveraged Equities. John holds a Masters of Organisational Leadership from Melbourne Business School.
John Lockton
Head of Investment Strategy
John joined Sandstone Insights in 2022 after spending 12 years at Wilsons Advisory as Head of Australian Equities. His primary areas of focus were equity strategy, security analysis, and portfolio management. Whilst at Wilsons, John helped lead the management buyout of Wilsons in 2015. Before that, John worked in Investment Strategy at Morgan Stanley, Citigroup and Credit Suisse. John is a regular contributor to the Australian Financial Review, The Australian, Livewire Markets and ausbiz. John holds a Bachelor of Economics (Newcastle), a Graduate Diploma in Applied Finance and Investment, and a Masters of Applied Finance (Macquarie).
Greg Fraser
Senior Investment Analyst
Greg joined MST Financial in 2018. Greg has accumulated 35 years in financial services, mostly in Funds Management, domestically and internationally. Commencing in New Zealand, he has managed International Equities portfolios in London before returning to domestic equities roles at AMP, BT Funds Management and Mint Asset Management (NZ). A stint on the sell-side with Shaw Stockbroking rounds out his background. He is a mathematics graduate from Victoria University, Wellington, NZ.
Ryan McCaugherty
Research Analyst
Ryan joined Sandstone Insights in 2023. Ryan has over 7 years of experience in the funds management industry, primarily focusing on Australian Equities. Most recently, Ryan worked as a Senior Investment Analyst at Mercury Private, overseeing and managing an equity model portfolio, as well as contributing to investment strategy and asset allocation decisions. Prior to that, Ryan worked at BT Financial Group as a Portfolio Analyst. He holds a bachelor in both Applied Finance and Commerce from Macquarie and is a CFA Charterholder.
Anton Jokovic
Associate Analyst
Anton joined MST Financial in 2020, beginning his career in equity markets via the MST Financial Internship Program. Anton has worked alongside the MST Sales team where he gained experience in Research Sales and Sales Trading. He has since moved into an Associate Analyst role within Sandstone Insights. Anton holds a Bachelor of Commerce majoring in International Business from Macquarie University and has also completed an Oxford Blockchain Strategy Programme from Saïd Business School.
Alexander Nosatti
Associate Analyst
Alexander joined MST Financial in 2022 as part of the MST Financial Internship Program, and has since moved into an Associate Analyst role within Sandstone Insights. Alex is currently in his final year of university, studying a Bachelor of Business and a Bachelor of Science in Information Technology at UTS. He has received awards for academic excellence from the Business School Dean's Merit List and Engineering Deans List. Prior to joining MST, Alex worked at a boutique consulting firm where he gained valuable management consulting experience.
Michael Bentley
Mining & Energy Analyst
Michael Bentley, CFA, has over 20 years involvement in equity markets. Michael has experience as both a portfolio manager and analyst in large and boutique fund managers, focusing on mining and energy stocks. In addition he has been responsible for 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 charterholder and qualified Chartered Accountant. Michael Bentley is an authorised representative of Jamisuluso Pty Ltd, which is an authorised representative of MST Financial.
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 Prior to David entering the finance industry he was a Chemical Process Design Engineer specialising in on and offshore oil and gas projects in New Zealand, Australia, Norway, Gulf of Thailand and the UK David has a Bachelor of Chemical Engineering and Bachelor of Science from Canterbury University, a post graduate degree in Accounting and Finance from Victoria University, is a graduate in Applied Finance and Investment from FINSIA and is a graduate of the Company Directors course from the AICD. David Fraser is an authorised representative of DJF Advisory Pty Ltd, which is an authorised representative of MST Financial.
Andrew Johnston
Industrials Analyst
Andrew has more than 25 years of investment industry experience including 17 years as a top-rated sell-side analyst with CLSA and Citi covering a range of industrial sectors and achieving #1 rankings. His experience also includes recent investor relations advice, and funds management in venture capital, infrastructure, and general equities. Andrew has a B.Sc. (First Class Honours) in Physics from Monash University and a Grad. Dip. (Applied Finance and Investment) from the Securities Institute of Australia. Andrew Johnston is an authorised representative of MAJ Services Pty Ltd, which is an authorised representative of MST Financial.
Rosemary Cummins
Life Sciences & Plasma Products Analyst
Rosemary Cummins, is a rated equity research analyst with 20 experience specialising in Healthcare research at Citigroup and UBS; together with a focus on global plasma products. She has been a consultant to several Australian and international companies and has also led the Investor Relations function for ASX100 listed pharmacy distribution and hospital companies. Rosemary Cummins is an authorised representative of Anthos Consulting Pty Ltd, which is an authorised representative of MST Financial.
Chris Kallos
Life Sciences Analyst
Chris Kallos, CFA, is a healthcare and biotech equities analyst who has been active since 1998 and has extensive 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. Chris holds a Bachelor of Pharmacy (Sydney), an MBA from the AGSM (UNSW), and a Masters of Applied Finance (Macquarie). He is a CFA charterholder and graduate of the Australian Institute of Company Directors. Chris Kallos is an authorised representative of Bridge Investment Research Pty Ltd, which is an authorised representative of MST Financial.
Chris Drew
Metals & Mining Analyst
Chris joined MST Access in 2024, bringing over 20 years’ experience across the mining sector and equity markets. He has over 15 years’ experience as an Equity Research Analyst including roles at Jefferies, RBC, and UBS where he has had lead-analyst coverage of ASX mining equities as well as responsibility for coverage of a range of global commodities including iron ore, coal, uranium, rare earths, and mineral sands. Chris also served as CFO and Company Secretary of Kingston Resources (KSN.ASX), supporting its development from early-stage exploration through to gold production.
Stuart Baker
Energy Analyst
Stuart has over 40 years experience in the oil and gas industry beginning as an Engineer with Schlumberger Ltd, and 32 years combined as a specialist Energy analyst at Bankers Trust, Macquarie Equities, and Morgan Stanley. Stuart was #1 rated on many occasions at each firm spanning three decades, for his depth of experience and extensive industry and company knowledge. Stuart holds a Bachelor of Engineering in (Electrical Engineering) from the University of Melbourne and an MBA from the Melbourne Graduate School of Management. Stuart is also a Member of the Australian Institute of Company Directors (AICD) and has board management experience as a non-executive director at specific ASX-listed energy companies. Stuart is an authorised representative of STB Energy Consultants Pty Ltd, which is an authorised representative of MST Financial.
Michael Youlden
Industrials & Technology Analyst
Michael has been working in financial markets for over 7 years. Before joining MSTs Access business early in 2021, Michael spent most of his career at Goldman Sachs in FX Macro Sales covering Hedge Funds, Super Funds and Corporate clients. Michael holds a Bachelor of Commerce (Finance) & Bachelor of Laws from the University of Newcastle and is currently completing an MBA at the University of NSW. Michael Youlden is an authorised representative of Youlden & Co Pty Ltd, which is an authorised representative of MST Financial.
James Lindsay
New Zealand
James has over 28 years of experience in investment markets in New Zealand and Australia, including 22 years on the buy side, at Nikko/Tyndall/Guardian Trust, and a cumulative 6 years on the sell side. James holds a Master of Commerce (Hons) and a Bachelor of Commerce from the University of Canterbury along with the NZX Stock Exchange Diploma. He has been a member of The Institute of Finance Professionals New Zealand (INFINZ) since its formation in 2002. James Lindsay is an analyst at Forsyth Barr, a partner of MST Access.
Luc Weymouth
Associate Analyst
Luc joined MST Financial in 2023 as part of the MST Financial Internship Program. Luc is currently in his final semester of university, studying a Bachelor of Commerce (Finance) and Biomedical Engineering (Hons) at the University of Sydney. Throughout his degree, Luc also received the Dalyell Mobility Scholarship to study at Louisiana State University where he was distinguished with an award for academic excellence, securing a place on the Dean's List.
Mannan Bains
Associate Analyst
Mannan joined MST Financial in 2024 as part of the MST Financial Internship Program. Mannan is currently in his third year of university at UNSW, studying a Bachelor of Actuarial Studies and Commerce, majoring in Finance and Actuarial Science. Prior to joining MST, Mannan had completed internships in banking and transfer pricing whilst maintaining an active tutoring client base.