POWERED BY MOMENTUM MEDIA
Hyperion Asset Management names new managing director
Hyperion Asset Management has announced that Tim Samway will succeed Dr Emmanuel Pohl as managing director.
After founding the company sixteen years ago, Pohl is stepping down from his role to set up a new private equity business at Hyperion as well as focus on Hyperion Flagship Investments and the individually managed accounts.
Samway is currently Hyperion's institutional business director and has been with the company since its inception.
In his new role, Hyperion stated that he would ensure the continuity of the firm's strategy, investment process and team.
His previous experience included senior management and board experience at Hyperion Wilson HTM, Burrows and Deloitte.
Hyperion stated that the current investment would remain intact amid Samway's appointment, although Hyperion chief investment officer Mark Arnold will now chair the monthly investment committee meetings in addition to duties as chief information officer.
"There will be a smooth leadership transition to Tim, who knows the Hyperion Asset Management business inside out," said Hyperion chairman Deborah Beale.
Once the executive succession takes effect, Pohl's shares will be redistributed in the coming year to existing shareholders including Samway, Arnold, Hyperion head of Australian equities Joel Gray, portfolio manager Jason Orthman and chief financial officer Ian Harrison.
In relation to Pohl's new private equity focus at the boutique asset manager, Beale said that a recent business review indicated that the new initiatives should be separate from Hyperion Asset Management.
She said this ensures that Hyperion concentrates on its core strengths of servicing institutional client and financial advisory firms.
"This transition (Samway's appointment) is a formalisation of that structure," Beale added.
AUTHOR
Staff Writer
Money Management staff writers are writers who contribute to the website from time to time. If you would like to discuss the content contained within this article please contact us.
Recommended for you
The fund has announced an internal promotion to the newly created role.
Stockspot is aiming to launch the Australia-first vehicle in the coming months.
Natalie Kelly has been appointed permanently to the role following an extensive selection process.
Wayne Byres is the newest addition to the market operator’s leadership team as part of its ongoing board renewal initiative.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
Spire Oaktree Opportunities XI First Close USD
66.99 3 y p.a(%)
2
Hills International
59.27 3 y p.a(%)
3
Acadian Global Equity Long Short Class A
32.82 3 y p.a(%)
4
CFS FC Acadian Global Equity Long Short
32.44 3 y p.a(%)
5
DomaCom 4/27 Crombie Avenue Bundall QLD 4217 Australia
32.01 3 y p.a(%)
Add new comment