Mr. Rosenbloom joins Co-Portfolio Managers George Colman and Peter Whiting, who founded ARCO in 2008, and Senior Investment Analyst Steve Nicholls who has been with the firm since 2010.

Mr. Rosenbloom arrives at ARCO after five years as Portfolio Manager for Janus Henderson’s Australian equity absolute return strategy.

“David’s career spans 30 years in equity research and portfolio management, so we’re confident that his knowledge and experience will quickly have a positive impact as we roll out our absolute return strategy into the retail market next month,” Mr. Colman said.

“In addition to his research and portfolio management experience, David has welcome skills in developing additional product solutions for investors and advisers with an absolute return appetite.”

Prior to his role at Janus Henderson, Mr. Rosenbloom spent 11 years as portfolio manager for Wallara Asset Management’s Australian equity strategy, where he jointly oversaw growth in the firm’s funds under management from $20 million to over $4 billion.

“I have known the ARCO investment team for many years now and have great respect for their views on stocks and markets. Joining ARCO is a natural fit for my market beliefs, especially at a time when the business is in a good growth phase,” Mr. Rosenbloom said.

The appointment comes as ARCO looks to launch its proven and successful absolute return strategy into the retail market next month.

The strategy aims to consistently compound investor returns over time through a fundamental approach to stock selection, combined with an overarching focus on preserving their capital through the market cycle.

This investment strategy is becoming increasingly popular amongst retail investors and their advisers after being a mainstay in the institutional space for many years, creating the perfect opportunity for ARCO to enter the market, said the group’s chairman Bruce Loveday.

“Absolute return strategies that have a credible track record of protecting investor capital through volatile markets, whilst steadily compounding returns over time, are receiving increasing interest from advisers and their clients and have an enduring role to play in portfolio construction,”Mr. Loveday said.

“David clearly shares this view and has the relevant experience in not only financial markets but also with advisers, asset consultants and investors, to support ARCO on our growth path,” he said.

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