Ausbil Dexia Limited
About Ausbil Dexia Limited
Ausbil Dexia Limited (Ausbil Dexia) is an Australian equities specialist with approximately $9 billion in funds under management. Established in April 1997, Ausbil Dexia’s core business is the management of Australian equities and emerging leader investment portfolios for major superannuation funds, institutional investors and master trust clients.
During the past 10 years Ausbil Dexia has been one of Australia's highest performing equity specialist boutique managers and has demonstrated an impressive consistency in delivering superior returns through its style neutral process.
Funds managed
- Australian Shares Multi-Blend Fund (with other managers)
Key personnel
Paul Xiradis, Chief Executive Officer and Head of Equities
Paul has a 28 year career in investment management with experience in all investment disciplines. His formative investment years were spent in Westpac’s Investment Management Division where his responsibilities included managing both superannuation and non-superannuation retail investment trusts. Paul progressed to Senior Portfolio Manager for Delfin and Investment Manager for the Mercantile & General Reinsurance Group in Australia in 1989. He then joined Legal and General Asset Management in 1994 as Director of Australian Equities, where he continued his sound track record in equity management. In late 1995 BZW Investment Management approached Paul to accept an equity management position as Associate Director-Equities, a position he held until his departure in 1997, when he joined Ausbil.
John Grace, Director of Equities
John has over 24 years of experience in investment management and research. His initial grounding in equity analysis came through positions with stockbroking firms McNall & Hordern in Sydney, and Cazenove & Co. in London. Whilst in the UK, John became Portfolio Manager for Royal Insurance Asset Management with responsibility for Asia Pacific Funds. Back in Australia after five years in London, John joined Legal & General Asset Management as Senior Portfolio Manager, prior to joining Ausbil in 2001. John is responsible for sector and stock analysis and portfolio construction.
John Honan, Head of Research and Chief Economist
John has over 24 years of experience in investment management and research. He holds a Masters Degree in Economics and his early career began as an Economist in Canberra with the Industry Commission, Federal Treasury, and the Department of Industry and Commerce. John has also held the position of Chief Economist for the NSW Treasury Corporation. In 1989 John joined the NRMA as Senior Manager for Fixed Interest, where for seven years he developed a strong track record managing fixed interest portfolios. John is actively involved as a lecturer and examiner in economics, fixed interest and asset management for Finsia, Financial Services Institute of Australasia. His experience, economic and fixed interest skills have provided sound input to the sector and asset allocation process, and significantly assisted Ausbil’s successful equity and bond management process. John is responsible for macro analysis and he is the Head of Research function.
Why Advance selected Ausbil Dexia
Ausbil seeks to position its portfolios towards those sectors and stocks it believes will experience positive earnings revisions and away from those it believes will suffer negative revisions. At any time, its portfolio will be tilted towards stocks which afford the most compelling opportunities for appreciation over the year ahead. Ausbil’s disciplined assessment of whether the market has fully priced in the next 12 month’s potential for each sector and its underlying stocks makes it an ideal manager to blend with other bottom-up, longer term investment managers within our Australian equities portfolio.
