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April 2024
Important Information:
This webinar contains information specifically intended for institutional clients, asset consultants, advisers, platforms and researchers, who are professional investors and wholesale clients (as defined in the Corporations Act 2001).
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In January, Bell Asset Management (BAM) initiated the search for a new Chief Executive Officer (CEO). We are now thrilled to announce the appointment of Michael Lovett as the new CEO of BAM.
Michael brings over 25 years of experience in the financial services sector, both in Australia and internationally. His most recent role was Head of Superannuation at Vanguard, where he also led a business in the US and played a key role in establishing the Fidante business at Challenger.
Chair Christine Feldmanis said: “We are excited to welcome Michael to BAM as our new CEO. His extensive background in funds management and leadership positions will be invaluable as we continue to expand our presence in Australia and international markets.”
Michael's focus will be on enhancing and growing BAM’s business capabilities while maintaining our commitment to delivering superior investment performance, market insights and client reporting. Our approach will be one of 'evolution' rather than 'revolution,' with future growth in assets under management (AUM) stemming from our current investment strategies and products.
Michael said: “I am thrilled to be joining BAM at such a pivotal time in their business. The team has done an exceptional job building the business to this point, and now we have a wonderful chance to take things to new heights.
As at 31 March 2024, BAM managed A$5.55 billion / US$3.62 billion. With a strong foundation and dedicated team, we are confident that we will thrive as a global equities manager for years to come.
Michael commences as CEO on 15 April 2024.
Michael's Profile:
Michael is a seasoned executive with a proven track record of building and leading high-performing teams. He has a wealth of experience in establishing new businesses in complex environments and driving existing businesses forward.
Most recently, Michael spearheaded the establishment of Vanguard Superannuation in Australia, leading the initiative from conceptualisation to successful launch and management.
Prior to this, he spent 3.5 years in the USA leading Vanguard's Registered Investment Business (RIA), overseeing all aspects of business strategy, market engagement, team development, and sales and marketing within the RIA sector. He was Head of Distribution in Australia for Vanguard prior to his stint in the US.
Before his time at Vanguard, Michael led the creation of Challenger Boutique Partnerships (now Fidante), growing the business from concept to 12 boutiques and A$18 billion in assets under management. He also had a successful tenure at HSBC Asset Management, where amongst other things he led sales teams across all segments in Australia.
- ENDS -
About Bell Asset Management
Bell Asset Management is a leading boutique investment manager specialising in global equities. The Melbourne based investment team have been managing global equities of behalf of clients for 21 years since January 2003 and have a long track record of investing in global companies across all market cycles.
For media enquiries, please contact:
Holly Bagley
Honner
BAM@honner.com.au or (02) 8248 3755
Important information: Bell Asset Management Limited (BAM) ABN 84 092 278 647, AFSL 231091 has prepared this document for information purposes only and does not take into consideration the investment objectives, financial circumstances or needs of any particular recipient – it contains general information only. Before making any decision in relation to this document, you should consider your needs and objectives, consult with a licensed financial adviser.
No representation or warranty, express or implied, is made as to the accuracy, completeness or reasonableness of any assumption contained in this document. To the maximum extent permitted by law, none of BAM and its directors, employees or agents accepts any liability for any loss arising, including from negligence, from the use of this document. This document shall not constitute an offer to sell or a solicitation of an offer to purchase or advice in relation to any securities within or of units in any investment fund. This document may contain forward looking statements and such statements are made based on information BAM holds as reliable; however no guarantee is given that such forward looking statements will be achieved. BAM has made every effort to ensure the accuracy and currency of the information contained in this document; however no warranty is given as to the accuracy or reliability of the information. Past performance is not necessarily indicative of expected future performance.
In January, Bell Asset Management (BAM) initiated the search for a new Chief Executive Officer (CEO). We are now thrilled to announce the appointment of Michael Lovett as the new CEO of BAM.
Michael brings over 25 years of experience in the financial services sector, both in Australia and internationally. His most recent role was Head of Superannuation at Vanguard, where he also led a business in the US and played a key role in establishing the Fidante business at Challenger.
Chair Christine Feldmanis said: “We are excited to welcome Michael to BAM as our new CEO. His extensive background in funds management and leadership positions will be invaluable as we continue to expand our presence in Australia and international markets.”
Michael's focus will be on enhancing and growing BAM’s business capabilities while maintaining our commitment to delivering superior investment performance, market insights and client reporting. Our approach will be one of 'evolution' rather than 'revolution,' with future growth in assets under management (AUM) stemming from our current investment strategies and products.
Michael said: “I am thrilled to be joining BAM at such a pivotal time in their business. The team has done an exceptional job building the business to this point, and now we have a wonderful chance to take things to new heights.
As at 31 March 2024, BAM managed A$5.55 billion / US$3.62 billion. With a strong foundation and dedicated team, we are confident that we will thrive as a global equities manager for years to come.
Michael commences as CEO on 15 April 2024.
Michael's Profile:
Michael is a seasoned executive with a proven track record of building and leading high-performing teams. He has a wealth of experience in establishing new businesses in complex environments and driving existing businesses forward.
Most recently, Michael spearheaded the establishment of Vanguard Superannuation in Australia, leading the initiative from conceptualisation to successful launch and management.
Prior to this, he spent 3.5 years in the USA leading Vanguard's Registered Investment Business (RIA), overseeing all aspects of business strategy, market engagement, team development, and sales and marketing within the RIA sector. He was Head of Distribution in Australia for Vanguard prior to his stint in the US.
Before his time at Vanguard, Michael led the creation of Challenger Boutique Partnerships (now Fidante), growing the business from concept to 12 boutiques and A$18 billion in assets under management. He also had a successful tenure at HSBC Asset Management, where amongst other things he led sales teams across all segments in Australia.
- ENDS -
About Bell Asset Management
Bell Asset Management is a leading boutique investment manager specialising in global equities. The Melbourne based investment team have been managing global equities of behalf of clients for 21 years since January 2003 and have a long track record of investing in global companies across all market cycles.
For media enquiries, please contact:
Holly Bagley
Honner
BAM@honner.com.au or (02) 8248 3755
Important information: Bell Asset Management Limited (BAM) ABN 84 092 278 647, AFSL 231091 has prepared this document for information purposes only and does not take into consideration the investment objectives, financial circumstances or needs of any particular recipient – it contains general information only. Before making any decision in relation to this document, you should consider your needs and objectives, consult with a licensed financial adviser.
No representation or warranty, express or implied, is made as to the accuracy, completeness or reasonableness of any assumption contained in this document. To the maximum extent permitted by law, none of BAM and its directors, employees or agents accepts any liability for any loss arising, including from negligence, from the use of this document. This document shall not constitute an offer to sell or a solicitation of an offer to purchase or advice in relation to any securities within or of units in any investment fund. This document may contain forward looking statements and such statements are made based on information BAM holds as reliable; however no guarantee is given that such forward looking statements will be achieved. BAM has made every effort to ensure the accuracy and currency of the information contained in this document; however no warranty is given as to the accuracy or reliability of the information. Past performance is not necessarily indicative of expected future performance.
