Prime Value expands portfolio management team
Prime Value Asset Management has strengthened its equities team with the senior appointment of Mike Younger as a Portfolio Manager.
Younger joined with more than 20 years’ experience in Australian equities with a particular focus on small cap stocks and had joined from his role as portfolio manager – small caps at REST Super.
With more than 20 years’ experience in Australian equities with a particular focus on small cap stocks, Younger had previously held roles as executive director and head of small cap and mid cap research at Goldman Sachs and was director and head of emerging growth research at Citigroup Australia.
Prime Value Asset Management chief executive, Yak Yong Quek, said Younger would bring great research ability and portfolio management experience to the investment team.
“We continue to invest in our client offering; Prime Value Asset Management now has a dozen experienced portfolio managers with a strong track record, and excellent teamwork built around our high performing culture emphasising risk management,” Yong Quek said.
“Demand for our small-cap funds continues to grow, performance has been consistently strong, and Mike will help us to take it to the next level.”
Younger would work closely with Richard Ivers, portfolio manager for small-cap strategies, who said he had known Younger for many years.
“He is a talented and experienced small cap stock picker, and will be a fantastic addition to our team,” Ivers said.
Recommended for you
Financial advice platform Otivo has made an experienced appointment from the US as its head of product strategy.
Apostle Funds Management has appointed the newly created position of director, head of wholesale as the firm expands its Australian footprint in the wholesale sector.
Recruitment manager Robert Half has shared the most in-demand roles in financial services that firms are finding difficult to fill, driven by ASIC’s growing focus on risk and compliance.
ASIC chief executive, Warren Day, is among senior executives to depart the corporate regulator amid changes to its leadership team.
