Aviva Investors rebrands to Antares
Aviva Investors Australia has announced that it will be rebranded Antares following its acquisition by MLC in October last year.
The company also announced that MLC Investment Management general manager, product, Sam Hallinan has been appointed Antares managing director.
Hallinan will report to MLC chief investment officer Nicky Richards, who is now responsible for leading all of MLC's in-house asset management teams.
Along with Hallinan's additional duties, Antares has also appointed Nick Pashias to the role of head of equities.
Hallinan acknowledged that there had been uncertainty around ownership and leadership, but the chosen team aligned well with MLC's existing institutional fixed income team.
He added that the investment philosophy and process for the team will remain unchanged under the rebrand.
Antares manages in excess of $4.5 billion of Australian equities across core, concentrated, income, long-short, small cap and property strategies, according to MLC.
Recommended for you
The FSCP has announced its latest verdict, suspending an adviser’s registration for failing to comply with his obligations when providing advice to three clients.
Having sold Madison to Infocus earlier this year, Clime has now set up a new financial advice licensee with eight advisers.
With licensees such as Insignia looking to AI for advice efficiencies, they are being urged to write clear AI policies as soon as possible to prevent a “Wild West” of providers being used by their practices.
Iress has revealed the number of clients per adviser that top advice firms serve, as well as how many client meetings they conduct each week.