Leading Australian and global equities boutique fund manager Alphinity Investment Management has added two highly experienced portfolio managers to its global equities fund management team.
Mary Manning will join Alphinity in mid-July. She brings 25 years of international experience to the Alphinity global team, most recently as a portfolio manager of the Ellerston Capital Asia Growth Fund, India Fund and Ellerston Asian Investments listed investment company.
Mary had been with Ellerston since 2012, and prior to that worked in several investing roles between 2001 and 2010 at Oaktree Capital as well as Soros Funds Management, based in New York and Singapore. Mary has completed an MBA at Harvard Business School and a PhD in Economics at the University of Sydney, where she was an associate lecturer. She started her career in 1996 as an investment banking analyst at Citigroup, based in New York, London and Moscow.
Trent Masters, who has more than 20 years of investment experience, has joined Alphinity from Global Evolution Capital, which he founded in 2019 and where he managed a global absolute return fund, built around key growth themes and industrial evolutionary trends.
Prior to this, he spent more than a decade at Colonial First State Global Asset Management, primarily as a senior analyst covering a range of sectors, and also as a portfolio manager of global long-short funds and hedge fund-of-funds.
Trent started his career at Commonwealth Bank in 1999 in a strategy, mergers and acquisition team and holds a Bachelor of Engineering (Civil) from Sydney University and a Graduate Diploma in Applied Finance and Investment from FINSIA.
In their new roles Mary and Trent will help manage the $4bn Alphinity Global Equity Fund (Fund) which has returned 13.4% p.a. after fees since inception in December 2015 to 31 May 2021*. The Fund seeks to invest in a concentrated set of quality companies, identified as undervalued and within an earnings upgrade cycle. Trent and Mary will also be actively involved in managing the newly launched Alphinity Global Sustainable Equity Fund.
Alphinity Global Portfolio Manager Jonas Palmqvist said he and fellow Global Portfolio Managers Jeff Thomson and Nikki Thomas are delighted to welcome the pair as colleagues and partners.
“Trent and Mary bring a tremendous depth of experience and investment pedigree to Alphinity that will help reinforce and sustain the track record of excellence we have been able to establish and embed. Importantly, their complementary, diverse backgrounds bring new and alternative perspectives that will enrich discussions as we work though our well-established investment process,” he said.
Alphinity Investment Management is supported by Challenger Limited subsidiary Fidante Partners, which forms long term alliances with talented investment teams to support and grow specialist investment management businesses.