Hyperion bolsters team with three new hires

Hyperion has added three new people to its team as part of its strategy to drive performance and growth.

Thomas Withers has been appointed as head of risk and compliance, Alexandra Clarke will take on a general executive role with Sam Parcell joining as a research associate.

Withers brings 20 years of experience in investment management and will be responsible for risk management, performance analysis, and project management.

He also brings significant risk strategy experience to his new role, having previously been the head of risk and compliance at Northcape.

The risk specialist will be tasked with providing strategic direction and guidance to Hyperion's senior management team on risk-related matters while ensuring business operations comply with company policies and legal requirements.

Hyperion has created a new role for Withers.

While the fund's risk and compliance will continue to be overseen by Pinnacle Investment Management - a 49.9 percent stakeholder in the firm -  more onerous regulatory reporting demands have prompted Hyperion to beef up its in-house risk capability.

Meantime, Clarke joins the fund from ClearView Wealth where she worked as a senior investment and macro research analyst.

Before that, she was at the Reserve Bank of Australia, managing the central bank's foreign currency reserve portfolio.

As for Parcell, he did a two-year stint as an investment analyst at Sandhurst Trustees before joining Hyperion. He has also worked as an analyst at Bendigo Bank.

Commenting on the new appointments, Mark Arnold, Hyperion's chief executive, said the new hires will "bring together 40 years of experience to our team with a diverse array of industry nous and capabilities across investing, risk management, compliance, and funds management."

Jason Orthman, the fund's deputy chief investment officer, added that Hyperion is well-placed for growth and will focus on continuing to deliver strong results for its clients and shareholders.