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Antipodes hires former Magellan head of research

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The Pinnacle affiliate has appointed Vihari Ross as a portfolio manager.

Vihari Ross has been appointed as a portfolio manager at Antipodes, joining the specialist global equities investment manager after 15 years at Magellan Financial Group.

Ms Ross most recently served as head of research at Magellan, where she was responsible for the management of a 30-member global research team.

Prior to Magellan, Ms Ross covered the financial and consumer sectors at Ausbil Dexia between 2003 to 2007 after commencing her investing career at Commonwealth Investment Management in a strategy and research role from 2000 to 2002.

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“Vihari is a very knowledgeable investor who has covered global equities over many years and through various market cycles,” said Antipodes chief investment officer Jacob Mitchell.

“Her appointment as a portfolio manager at Antipodes will further bolster our experienced portfolio management team at a time when active management is arguably more important than ever.”

Commenting on her appointment, Ms Ross said that the investment approach and respected team at Antipodes had attracted her to the portfolio manager role.

“I have always had great respect for the client-centric Antipodes team and the firm’s unique pragmatic value investment style. I’m thrilled to be joining such a dynamic and forward-thinking firm,” she said.

Ms Ross’ qualifications include a bachelor of commerce (actuarial studies and finance) and a master of commerce (finance) from the University of New South Wales. She is also an associate of the Institute of Actuaries.

The appointment follows the recent expansion of the firm’s investment offerings with the launch of the Antipodes Climate Delta Fund and the Antipodes Global Opportunities Fund.

Meanwhile, Magellan has continued to suffer substantial outflows in recent months, including net outflows of $800 million during the month of February.

Earlier this month, the fund manager confirmed that Airlie Funds Management founder John Sevior is set to retire in June this year.