Perennial Value hires Concise AM co-founder

Perennial Value hires Concise AM co-founder

Perennial Value has hired boutique equities fund manager Concise Asset Management co-founder Andrew King as portfolio manager.

In a statement, Perennial Value announced Concise Asset Management co-founder and director of investments Andrew King will join Perennial Value as a mid-cap portfolio manager in mid-July.

In the new role, he will hold portfolio management and analytical responsibilities.

Before establishing Concise Asset Management in 2007, Mr King was a senior portfolio manager at Paradice Investment Management. Prior to that, he held the same role at Investors Mutual for six years.

Perennial Value also announced in the statement that portfolio manager Stephen Bruce had been internally promoted to director of portfolio management.

Mr Bruce joined the firm at its inception in 2000 and is the lead portfolio manager for a number of funds at Perennial.

He will manage Perennial’s broader cap Australian equity portfolios in his new role.

Perennial Value director Anthony Patterson said the changes would provide career advancement opportunities to investment executives.

“The board is taking the opportunity to position Perennial Value for the future,” Mr Patterson said.

“Our future, supported by the appointments announced today, sees us renew our commitment to being recognised as the leading value manager in the Australian market.”


Related Articles


Perennial Value hires Concise AM co-founder
Andrew King
ID logo
promoted stories


Robert Harrison

Equity Trustees hires BNP Paribas US CEO


investordaily image

Future Fund restructures, property head departs

Tim Stewart

investordaily image

AMP appoints John O’Sullivan to board

Jessica Yun


James Swanson

Is this as good as it gets?

James Swanson

Michael Power

Renewables will drive next industrial revolution

Michael Power

investordaily image

China's MSCI inclusion has room to grow

Eng-Teck Tan