Ardea expands its team



Fixed income specialist, Ardea Investment Management has appointed Gopi Karunakaran as its new portfolio manager, fixed income strategies.
Karunakaran has more than 15 years’ experience in credit and relative value fixed income investing and joined Ardea from Saka capital in Singapore where he spent four years as a fixed income portfolio manager.
Prior to that, he worked for eight years as a portfolio manager and trader at Moore Capital, Tricadia Capital and Deutsche Bank in London.
Ardea has also announced the appointment of Harry Singh, Dealing and Compliance.
Ardea’s principal and co-founder, Ben Alexander, said: “Ardea’s new appointments ensure that we are well resourced to extend our track record of actively managing defensive fixed income portfolios that exceed return targets, while prioritising liquidity and capital preservation.”
The company said the move would allow it to strengthen a team in order to help drive growth from both institutional client business and retail advisers.
Ardea has been managing the following funds:
- Wholesale Australian Inflation Linked Bond
- Ardea Real outcome
- Ardea Premier Australian Inflation Linked Bond
- Ardea Real Outcome Plus
Recommended for you
Infrastructure assets are well-positioned to hedge against global uncertainty and can enhance the diversification of traditional portfolios with their evergreen characteristics, an investment chief believes.
Volatility in US markets means currency is becoming a critical decision factor in Australian investors’ ETF selection this year.
Clime Investment Management is overhauling the selection process for its APLs, with managing director Michael Baragwanath describing the threat of a product failure affecting clients as “pure nightmare fuel”.
Global X will expand its ETF range of exchange-traded funds next month with a low-cost Australian equity product as it chases ambitions of becoming a top issuer of ETFs in Australia.