Ausbil restructures Australian equities team as veteran departs

Ausbil/australian-equities/people-moves/

13 June 2024
| By Laura Dew |
image
image image
expand image

Ausbil has announced a restructure of its Australian equities team as John Grace departs after 23 years. 

Grace is co-head of Australian equities and portfolio manager for the Australian Emerging Leaders Fund and has worked at the firm since 2001. He will continue in these capacities until the end of 2024. 

David Lloyd has been appointed as portfolio manager on the Australian Emerging Leaders fund and will work alongside Grace until his departure to form an orderly transition. 

“John has done a wonderful job for the business and for our clients over many years. We wish him a very well deserved and happy retirement”, said chief investment officer Paul Xiradis.

As a result of the move, the firm has made several internal changes to its Australian equities management which will take effect from 1 July. 

Nicholas Condoleon has been appointed as deputy head of equities, Australian long only and will remain as a portfolio manager on the Ausbil Active Sustainable Equity fund. Mans Carlsson, head of ESG at the firm, has been appointed as co-manager on the fund. 

Gian Pandit has been appointed as deputy head of equities, Australian delta adjusted, and as portfolio manager on the 130/30 Focus and Long Short Focus fund, supported by Chris Smith. 

David Lloyd and Arden Jennings are appointed as co-head of emerging companies. Jennings will also jointly manage the small and micro-cap strategies with Andrew Peros and have Tom Cutler as co-portfolio manager and Beyhan Irmako as equity analyst on small and micro-caps.

Chris Smith has been appointed as head of equities research in an oversight capacity with Stella McMullen as his deputy on the day-to-day stock research and earnings models. 
 

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

2 months 2 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

2 months 3 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

4 months 3 weeks ago

ASIC has suspended the Australian Financial Services Licence of a Melbourne-based financial advice firm....

1 week ago

The corporate regulator has issued infringement notices to three AFSLs whose financial advisers provided personal advice to a retail client while unregistered....

1 week 5 days ago

ASIC has released the results of its first adviser exam to be held in 2025, with 241 candidates attempting the test....

2 weeks 3 days ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND