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Home News Funds Management

Bell AM bolsters growth ambitions with operations hire

The firm has looked overseas to tap Lucinda Hill for the newly created role of executive general manager, product and operations, as it looks to expand into the US.

by rnath
November 13, 2024
in Funds Management, News
Reading Time: 2 mins read
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Bell Asset Management has announced the appointment of Lucinda Hill as executive general manager, product and operations.

Coming on board in January 2025, Hill makes the move from Paradice Investment Management, where she has served as chief operating officer for its US business since 2014, responsible for day-to-day operations as well as oversight and implementation of its compliance plan.

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She brings nearly two decades of experience to the firm, having previously held roles at Apostle Asset Management, Renaissance Investment Management, and Barclays Global Investors. 

With the newly created role, she is expected to bolster Bell’s strategic growth and sharpen operational focus across international and Australian markets. 

The firm’s chief executive Michael Lovett, who joined in April this year from Vanguard, highlighted Hill’s strong product development focus and “deep understanding” of both the US and Australian markets.

“Her operational insight will be instrumental as we pursue our global ambitions while keeping our Australian clients front and centre,” he said.

Lovett also signalled the firm continues to intensify its distribution efforts in the US.

“We’re intensifying our efforts in the US, recognising substantial opportunities for expansion through enhanced offshore distribution.

“At the same time, our dedication to the Australian market remains unwavering, and Lucinda’s dual market expertise will support our mission to serve clients globally while prioritising Australian needs,” he said.

Hill is expected to play a pivotal role in Bell’s plans to capitalise on recent positive buy ratings from leading US-based asset consultants.

Earlier this year, Bell welcomed Lovett to the firm with a focus on enhancing and growing its business capabilities while delivering superior investment performance, client reporting and market insights. 
Lovett took the reins from Nick Fels, who stepped down after six years in the role.

Lovett’s resume includes more than a decade at Vanguard, including the launch of its superannuation offering in Australia. He also developed the Fidante boutique strategy at Challenger where he worked for six years.
 

Tags: AppointmentsBell Asset ManagementDistributionHires

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