The Manager has a large investment team of six Portfolio Managers and 12 Equities Analysts, led by its Head of Equities, Paul Skamvougeras.The Company's Portfolio will be managed by the portfolio manager, Vince Pezzullo. Vince is Deputy Head of Equities and part of the collaborative portfolio management approach at the Manager. Vince has over 20 years' experience in the financial services industry, has outperformed consistently, and has prior global experience as both an analyst and a portfolio manager. Vince's biography is detailed below, alongside the Manager's Head of Equities and other portfolio managers.
In managing the Company's Portfolio, the portfolio manager will be supported by the Manager's broader equity team.
The amount of time that the portfolio manager will dedicate to the Company's Portfolio will vary over time, depending upon applicable market conditions and the Portfolio's composition. While the Management Agreement does not specify an amount of time to be devoted to the management of the Portfolio, the portfolio manager will be available for the time necessarily required for the Manager to perform its functions and obligations for the management of the Company's Portfolio under the terms of the Management Agreement and to provide appropriate reporting to security holders.
Australian Equity Portfolios
Years of experience: 22
Years at Perpetual: 9
Vince is the Deputy Head of Equities and the Portfolio Manager for Australian Share, Geared Australian Share, Direct Equity Alpha and the Perpetual Equity Investment Company (ASX:PIC).
Vince joined Perpetual Investments in July 2007 as an Analyst and since that time has covered the chemicals, diversified financials, banking, telecommunications, building materials and REITS sectors.
Prior to joining Perpetual, Vince was a senior portfolio manager/analyst in the large capitalisation Australian equities team at Deutsche Asset Management and led the top 100 equities team. In addition, he had stock research responsibilities across a large number of sectors.
Vince was also a portfolio manager for a number of client portfolios and researched international stocks as part of the international equity division of State Super (subsequently Deutsche). Prior to this, Vince worked in corporate finance and foreign currency for Monte Paschi Australia Limited.
Vince has a Bachelor of Commerce with a major in Economics and Finance.
Years of experience: 21
Years at Perpetual: 13 (in two separate periods)
Paul is the Head of Equities and the Portfolio Manager for the Concentrated Equity and Pure Equity Alpha strategies.
Paul rejoined Perpetual Investments in February 2010 as a Portfolio Manager, having previously spent seven years with Perpetual. He began his career with Perpetual in 1994 in a back office role, moving into a dealing role after three years, working his way up to the Head Dealer role.
Between stints at Perpetual, Paul spent seven years working at CPH/Ellerston Capital, where he had portfolio management responsibilities for an Australian long/short strategy for the first four years and a global long/short strategy for the last three years. Paul also recruited and managed two analysts within his team.
Paul gained international experience, spending 18 months in London, as well as expertise in investing and trading various asset classes ranging from equities, commodities, currencies and fixed interest.
Paul has a Bachelor of Economics from Macquarie University and is a Member of the Institute of Chartered Accountants.
Years of experience: 17
Years at Perpetual: 4
Anthony is the Portfolio Manager of the Industral Shares (50%), SHARE-PLUS Long-Short Fund and an Analyst.
Anthony has 13 years experience outside of Perpetual, most recently at Ellerston Capital where for two years he was the Portfolio Manager for the Ellerston Capital Global Equity Management Fund. Prior to this role, he spent 3 years as an analyst working on a long/short strategy. Prior to joining Ellerston Capital, Anthony worked as an Analyst at UBS Investment Bank for 8 years.
Anthony has a Bachelor of Economics from the University of Sydney and has earned the right to use the Chartered Financial Analyst designation.
Years of experience: 20
Years at Perpetual: 20
Anthony is the Portfolio Manager of the Wholesale Income Share strategy and 50% of the Industrial Share Fund.
Anthony joined Perpetual in December 1996 as a Trust Officer in the Private Clients business.
From 2003 to 2006, Anthony worked as a Quantitative Analyst, running the Passive Property Fund, until it became an active strategy. In 2006, Anthony transferred into the Equities team as an Analyst, where he covered property trusts, and the healthcare, information technology, consumer discretionary, industrials and financials sectors. In 2008, Anthony became dedicated solely to property responsibilities.
Anthony has a Bachelor of Economics from Macquarie University and is a CFA Charterholder.
Years of experience: 17
Years at Perpetual: 15
Jack is the Portfolio Manager of the Ethical Shares, Pure Microcap, Pure Value, Smaller Companies (50%) and an Analyst.
Jack joined Perpetual in November 2001 as an Investment Administrator and Equity Dealer. After four years he moved into an Analyst role, focusing on small cap industrial companies. Jack took on portfolio management responsibilities in June 2010.
Prior to joining Perpetual, Jack gained two years industry experience working in London as an Equities Dealer and Investment Administrator at both Salomon Smith Barney and Goldman Sachs Asset Management.
Jack has a Bachelor of Economics from the University of Sydney.
Global Equity Portfolio
Years of experience: 13
Years at Perpetual: 8
Garry joined Perpetual in March 2008 as an Analyst and has covered a broad range of sectors. He now holds the title of Global Portfolio Manager for Perpetual Investments and has been managing the Global Share Fund, since its inception, in January 2011. Prior to this, Garry was co-portfolio manager of an Asian fund from 2009-2011.
Prior to joining Perpetual, Garry had three years with PM Capital as an Analyst covering the financial sector for global and Australian strategies and one year with Commonwealth Securities as an Analyst. While studying, Garry gained experience at Morgan Stanley and Meridian Equities as an Analyst. During this time he covered a broad range of sectors across large and small cap companies, including food and beverage, construction and resources.
Garry has a Bachelor of Commerce and a Bachelor of Laws from the University of New South Wales.