MLC Asset Management has appointed Ian Anderson as director, institutional distribution and consultant relations.
Anderson brings over 25 years of experience in the financial services sector, most recently serving as head of intermediary sales at Schroders Investment Management.
Before this, Anderson worked across corporate finance, distribution and strategic accounts at Fidelity International, Suncorp Group, Commonwealth Bank, and Macquarie.
MLC Asset Management clarified that in his new capacity, he will be responsible for representing its range of investment products to institutional clients, not-for-profits, and family offices.
Moreover, Anderson will report to MLC Asset Management’s head of institutional distribution, consultant relations, John Gray.
Speaking on the team’s latest addition, Gray said: “Ian’s appointment highlights MLC’s commitment to strengthening client relationships and expanding our institutional presence.
“Ian joins MLC Asset Management at an exciting time, as we focus on growth and serving our institutional clients,” he said.
According to the firm, Anderson’s appointment coincides with its recently launched fourth private equity co-investment, significant traction in providing private credit, insurance-related investing, and outsourced CIO capabilities to market.
This has been coupled with growth in MLC’s boutique managers across Australian fixed income, Australian equities and global equities, the firm clarified.
MLC Asset Management also recently celebrated its Managed Account Strategies surpassing $2 billion in funds under management, less than four years since inception.
“Harnessing the horsepower of the broader investment team to consistently deliver for our clients really gets to the heart of what we’re all striving to achieve,” MLC portfolio manager Anthony Golowenko said in May.
“We take an active ‘hands on’ approach to managing our portfolios and regularly review asset and sub-asset class allocations to deliver diversity and resilience over changing market conditions.”
Golowenko added that the firm made some key changes in the 2023 December quarter, including continuing to build out its credit exposure, particularly in investment grade credit.
