Former Pendal bond manager joins Ellerston Capital

29 May 2024
| By Laura Dew |
image
image
expand image

Former Pendal manager Vimal Gor has been appointed as head of fixed income and multi-asset at Ellerston Capital, after a brief stint at a crypto advisory firm. 

Gor spent 12 years at Pendal until July 2022 when he left with his team to join Trovio as co-head of asset management and chief investment officer. At Pendal, he and his team were responsible for $22 billion in assets under management and had set up an alternative duration division.

Investment manager Trovio describes itself as being positioned “at the intersection of traditional finance and the emerging digital asset ecosystem” with a focus on running digital asset funds.

At the time, Gor said he saw a future where the government would raise debt using digital currencies issued by central banks. 

However in an about face, he left Trovio after just over a year, stating that the two parties had reached an amicable agreement and was seeking a new partner.

It has since been announced that he has joined specialist investment manager Ellerston Capital as the head of fixed income and multi-asset. As well as Australian equity vehicles, Ellerston runs a Global Long/Short strategy and numerous private capital options covering private equity and venture capital.

A spokesperson for Ellerston Capital said the firm did not have a statement but confirmed Gor has joined the business.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

GG

So shareholders lose a dividend plus have seen the erosion of value. Qantas decides to clawback remuneration from Alan ...

2 months 1 week ago
Denise Baker

This is why I left my last position. There was no interest in giving the client quality time, it was all about bumping ...

2 months 1 week ago
gonski

So the Hayne Royal Commission has left us with this. What a sad day for the financial planning industry. Clearly most ...

2 months 1 week ago

A Sydney-based financial adviser has been banned from providing financial services in the interest of consumer protection after failing to act on conduct concerns. ...

3 weeks 3 days ago

ASIC has cancelled the AFSL of a $250 million Sydney fund manager, one of two AFSL cancellations announced by the corporate regulator....

3 weeks 1 day ago

Having divested its advice business in August, AMP is undergoing restructuring in at least four other departments amid a cost simplification program....

2 weeks 5 days ago