Investment management firm Aurora Funds Management has appointed a new senior portfolio manager.
Hugh Dive has been appointed senior portfolio manager of the Aurora Property Buy-Write Income Trust.
According to a statement to the ASX, Mr Dive’s appointment followed a review of the firm’s business strategy.
“As part of this review, APN Funds Management Limited agreed that it will no longer fulfil the role of investment adviser to the trust as this role will now be undertaken in-house by the Aurora investment team, and Hugh Dive in particular,” the statement said.
Prior to joining Aurora, Mr Dive was head of listed securities at Philo Capital Advisers and was responsible for managing $1 billion across three strategies – Australian equities, listed property and interest rate securities.
MLC Asset Management has announced the appointment of a new head of institutional distribution. ...