Aviva Investors rebrands to Antares
Aviva Investors Australia has announced that it will be rebranded Antares following its acquisition by MLC in October last year.
The company also announced that MLC Investment Management general manager, product, Sam Hallinan has been appointed Antares managing director.
Hallinan will report to MLC chief investment officer Nicky Richards, who is now responsible for leading all of MLC's in-house asset management teams.
Along with Hallinan's additional duties, Antares has also appointed Nick Pashias to the role of head of equities.
Hallinan acknowledged that there had been uncertainty around ownership and leadership, but the chosen team aligned well with MLC's existing institutional fixed income team.
He added that the investment philosophy and process for the team will remain unchanged under the rebrand.
Antares manages in excess of $4.5 billion of Australian equities across core, concentrated, income, long-short, small cap and property strategies, according to MLC.
Recommended for you
The month of April enjoyed four back-to-back weeks of growth in financial adviser numbers, with this past week seeing a net rise of five.
ASIC has permanently banned a former Perth adviser after he made “materially misleading” statements to induce investors.
The Financial Services and Credit Panel has made a written order to a relevant provider after it gave advice regarding non-concessional contributions.
With the election taking place on Saturday (3 May), Adviser Ratings examines how the two major parties could shape the advice industry in the future.
