Magellan PM lands at Antipodes

The $10 billion global equities specialist has added the high-profile Vihari Ross to its investment team.

Ross joins as a portfolio manager after a 15-year career at Magellan Asset Management where she was most recently head of research, responsible for the management of a 30-person global research team.

Before joining Magellan, in May 2007 Ross spent four years as an equity analyst at Ausbil Dexia, covering the financial and consumer sectors.
She started her investment career at Commonwealth Investment Management in a strategy and research role in 2000.

"Vihari is a very knowledgeable investor who has covered global equities over many years and through various market cycles, said Antipodes' founder and chief Investment officer, Jacob Mitchell.

"Her appointment will further bolster our experienced portfolio management team at a time when active management is arguably more important than ever," he said.

The appointment follows the recent expansion of Antipodes' investment offerings.

In January, the firm established the Antipodes Climate Delta Fund, led by portfolio manager Max Shramchenko with Graham Hay as co-portfolio manager.

The strategy aims to invest in attractively valued global companies exposed to climate impact mitigation and the transition to net zero.

Antipodes has also recently launched the Antipodes Global Opportunities Fund - a small and mid-cap global equities strategy managed by James Rodda as the lead portfolio manager and Nick Cameron as co-portfolio manager.

For her part, Ross said Antipodes' investment approach attracted her to the role.

"I have always had great respect for the client-centric Antipodes team and the firm's unique pragmatic value investment style. I'm thrilled to be joining such a dynamic and forward-thinking firm."

Over the year to February 2023, the Antipodes Global Fund - Long outperformed its benchmark by 6.9 per cent, delivering 5.6 per cent versus -1.3 per cent for the MSCI All Country World Net Index.

Since its inception in July 2015, the value-style fund has delivered 9.7 per cent per annum vs 9.1 per cent for the benchmark.