Aurora appoints new COO
Aurora Funds Management Limited has expanded its management team with a new appointment of Ben Norman to the position of the company’s chief operating officer (COO), effective immediately.
Norman, who is a chartered accountant, joined from Ernst & Young’s Transaction Advisory Services division where he worked for over nine years in the area of due diligence, performance improvement, restructuring, turnaround, financial modelling and transaction integration engagements with clients across all industry sectors.
Prior to this, he held a senior finance role with gas transmission business, Epic Energy where he was responsible for overall financial control and compliance.
Aurora’s managing director, John Patton, said: “We are delighted to have secured the services of a very senior and experienced industry professional to Aurora’s management team.
“Ben Norman’s extensive professional and industry experience will be a valuable addition to Aurora’s capabilities.”
Recommended for you
Natixis Investment Managers has hired a distribution director to specifically focus on the firm’s work with research firms and consultants.
The use of total portfolio approaches by asset allocators is putting pressure on fund managers with outperformance being “no longer sufficient” when it comes to fund development.
With evergreen funds being used by financial advisers for their liquidity benefits, Harbourvest is forecasting they are set to grow by around 20 per cent a year to surpass US$1 trillion by 2029.
Total monthly ETF inflows declined by 28 per cent from highs in November with Vanguard’s $21bn Australian Shares ETF faring worst in outflows.

