Hyperion Asset Management has appointed Joel Gray to the new role of Australian equities head.
Gray has been a senior portfolio manager at Australian equities fund manager Hyperion since 2001.
He has been in the industry for more than 15 years, working as an industrial research analyst in the consumer discretionary sector for Wilson HTM, and before that as an investment analyst-assistant fund manager for three years.
Hyperion managing director Manny Pohl said Gray's "expertise and commitment to Hyperion's unique investment philosophy" were key factors in his promotion. His new job will include more responsibilities in the Australian equities team.
"Joel has made positive contributions during his time with Hyperion and he has a thorough understanding of Hyperion through his 11 years as senior portfolio manager. I'm sure he will transition seamlessly into his new role," Pohl said.
The new role was a direct result of substantial business growth over the past few years. The company needed to evolve continually, Pohl said, to deliver the investment outcomes required by clients, as well as career opportunities for staff, and value to shareholders.
"The creation of this new role is in keeping with this strategy, and recognises the contributions that Joel has made to the Hyperion business in recent years," he said.
Hyperion is a high-conviction growth-style fund manager that specialises in identifying and investing in quality Australian equities, with clients ranging from large institutions to high net worth individuals.
