Justin Breen joins the team from Hyperion Asset Management, having served the business for five years across multiple analyst roles specialising in global equities investing.
Mr Breen started his career in 2010 in Marsh Pty Ltd as an analyst in energy and utility risk, going on to work at ERM Power Ltd prior to his time at Hyperion.
His experience in handling highly concentrated global “quality growth” equity portfolios was said to be key to the hire, according to founder Dr Manny Pohl AM.
“The firm has been experiencing strong growth in recent months as investors seek out asset managers who offer exposure to high quality investment opportunities,” Dr Polh said.
“Our long term approach to investing is increasingly attractive to investors who recognise that resilience and quality are key to investment success, regardless of market cycles or short term trends.
“ECP takes a disciplined and active approach to investing which allows us to identify high quality growing companies, and capture their potential on behalf of our investors.”
Mr Breen’s appointment follows the hire of Justin Warton to the investment team in July.
Dr Pohl founded ECP in 2012, with the inception of its flagship ECP Growth Companies Fund coming in the same year.
The flagship fund looks to bring investors’ long-term outperformance by investing in high-quality growth businesses that have the ability to generate predictable, above-average economic returns over the long-term.
Since the fund’s creation, it has returned 14.93 per cent per annum, an impressive performance when compared to 10.6 per cent for the benchmark S&P/ASX 300 Accumulation Index. Its performance has lead to a “recommended” tag in its debut rating by Lonsec and Zenith last year.
The fund can be accessed on BT Panorama, BT Wrap, HUB24, Powerwrap, Netwealth, Praemium and WealthO2.