Mark Jordan

Boutique multi-award-winning investment house, Prime Value Asset Management, has appointed Mark Jordan as its new Head of Distribution. Mark is based in Sydney and will focus on continuing to build strong relationships with the intermediary market, covering the Prime Value suite of proven investment solutions across various asset classes.

Mark’s primary focus will be the firm’s Australian equity small cap capability. The Prime Value Emerging Opportunities Fund was recently upgraded to Highly Recommended by Zenith and has outperformed both the Small Industrials and Small Ordinaries Index for each of the last six years.

With a distinguished 24-year career in funds management, Mark brings a proven track record of success to Prime Value. Mark joins from Magellan Asset Management where he was most recently Head of Retail with oversight of the retail distribution team and implementation of strategy. Over the past nine years he made a significant contribution to Magellan’s success in the retail market. Mark has also held senior roles at both Fidelity International and Perpetual, where he was instrumental in shaping the growth and success of their distribution teams to deliver sales excellence and achieve exceptional results.

On joining Prime Value, Mark said that Prime Value brings a rare combination of quality and stewardship across diversified investments. “Prime Value is building momentum from its ability to create best-of-breed funds in asset classes and strategies where it can make a difference for investors.

“Prime Value has an impressive equities team, with its small cap Prime Value Emerging Opportunities Fund showing consistent outperformance across varied market conditions. It was great to see the fund recently upgraded to Highly Recommended by Zenith.

“The combination of targeting quality investments with stewardship and care is what a successful Australian-owned boutique is all about”, Mr Jordan said.

Prime Value Asset Management CEO and co-founder, Yak Yong Quek, welcomes Mark and is excited about Mark’s track record of connection and success in offering Prime Value’s diversified investment solutions to the intermediary market and investors. “Mr Jordan, with his deep understanding of investment products and breadth of relationships in the intermediary space, will bring a wealth of knowledge and experience to the role.

“He will work closely with our Director of Distribution, Julia Desimone, in growing our presence among the private wealth groups, financial planners and dealer groups.”

Prime Value funds are available via platforms including Netwealth, uXchange, Mason Stevens, Hub24 and BT Panorama, Praemium and AMP North.

Prime Value Asset Management is part of an investment group including Shakespeare Property Group, which now manages over $3 billion in equities, income securities, direct property and alternative assets in Australia.

The post Prime Value Asset Management appoints Head of Distribution based in Sydney appeared first on AdviserVoice.

Julia Desimone

Boutique Australian-owned fund manager, Prime Value Asset Management, has appointed Julia Desimone as Director of Distribution, covering a diverse range of investments across listed equities, property, and alternative assets.

Ms Desimone was previously Investors Mutual’s State Manager for Victoria, Tasmania and South Australia, and has held previous senior distribution roles with Dimensional Fund Advisors, Centuria Capital Limited, and Ausbil.

She said Prime Value Asset Management had a proven history of investment stewardship, performance and quality across diverse asset classes. “Prime Value is rare, an Australian-owned boutique with a history of playing to its strengths across different investments.”

Ms Desimone said the recent Zenith ratings upgrade for the small cap Prime Value Emerging Opportunities Fund to Highly Recommended indicates the quality on offer at the investment house. “Prime Value has shown it can create best-of-breed investments and add value to investor portfolios. The upgrade is a credit to the small cap team and their long-term commitment to a process which has delivered across market cycles.

“The fund was the only small cap fund upgraded to Highly Recommended and is currently one of very few small cap funds to achieve this rating.”

Ms Desimone says the firm is also attracting interest in alternative assets and property investment strategies. “Prime Value has built several compelling alternative asset offerings, including a very attractive Dairy Trust with some of the best dairy farmland in Australia.

“The firm also has a long history of successful property investment funds. I’m delighted to be representing these funds and look forward to working with the Prime Value team.”

Prime Value CEO, Yak Yong Quek, welcomed Ms Desimone to the role. “Julia has a strong track record of serving the intermediaries market and we believe she will be a good fit with our diverse product offering, and our boutique culture of stewardship and building wealth together.”

Prime Value funds are available via platforms including Netwealth, uXchange, Mason Stevens, Hub24 and BT Panorama, Praemium and AMP North

The post Prime Value Asset Management appoints new Director of Distribution appeared first on AdviserVoice.

Melbourne-headquartered Prime Value Asset Management is part of an investment group including Shakespeare Property Group, which has seen growth in funds under management and now manages over $3 billion in equities, income securities, direct property and alternative assets in Australia.

Nathan Wares has more than 25 years’ experience in financial services, starting his career at BT Funds Management in 1992 then including senior roles at Citigroup Asset Management as Vice President of Sales, ANZ Investment Bank as Director of Equity Capital Markets, and Westpac and St George Private Banks as Director responsible for the management of private bankers and their ultra-high-net-worth portfolios.

More recently Nathan was the Managing Director of Australia & New Zealand for a global boutique alternatives asset manager.

Nathan will engage with financial advisers, dealer groups, private wealth firms, family offices and wholesale investors. He will be responsible for distributions covering several funds across asset classes including Australian equities, income securities, direct property and alternative assets across Australia.

Kate Mulham has more than 15 years’ experience in financial services marketing with a focus on global and domestic funds management. Her previous roles include Senior Manager, Funds Marketing for Dexus, and Director, Head of Marketing at UBS Asset Management Australia, responsible for building out and delivering the marketing strategy for the Australian business. Kate has also held senior marketing roles at leading asset management firms including BT Financial Group and Perpetual Investments.

Ms Mulham said Prime Value has established a strong reputation of adding value for investors including high-net-worth. “Prime Value is a genuine independent with an investment process based on stewardship and capital protection, with consistent performance across several asset classes.

“They have a quality investment team in place which is disciplined, humble, and experienced across many market cycles. It’s a winning combination which has delivered for investors.”

Mr Wares continued, “a great example of the manager’s approach is the small cap Prime Value Emerging Opportunities Fund, which has shown consistency since inception in October 2015 – the Fund has returned 11.5% per annum after fees to investors since inception to 30 June 2023. This fund has shown consistent outperformance while weathering some incredibly volatile market cycles.”

Prime Value Asset Management CEO and co-founder, Yak Yong Quek, welcomed the appointments. “Both Nathan and Kate have the right credentials and impressive track records. We believe they are the right people to help drive our next phase of growth, and they will be a valuable addition to our growing Sydney office.”

The post Prime Value boosts Sydney presence with new heads of distribution and marketing appeared first on AdviserVoice.

Mike Younger

Boutique investment house, Prime Value Asset Management, has strengthened its equities team with the senior appointment of Mike Younger as a Portfolio Manager.

Mike Younger has more than 20 years’ experience in Australian equities with a particular focus on small cap stocks.

Mr Younger was previously Portfolio Manager – Small Caps at REST Super. Prior to that he held roles as Executive Director and Head of Small Cap and Mid Cap Research at Goldman Sachs, and was a Director and Head of Emerging Growth Research at Citigroup Australia.

Mike’s appointment follows the addition of Benjamin Mellody as an Equities Analyst last year. Prime Value Asset Management CEO and founder, Yak Yong Quek, said: “Mike brings great research ability and portfolio management experience to our investment team. We are delighted to welcome Mike aboard.

“We continue to invest in our client offering; Prime Value Asset Management now has a dozen experienced Portfolio Managers with a strong track record, and excellent teamwork built around our high performing culture emphasising risk management.”

He said Prime Value Asset Management’s small and micro-cap funds recently surpassed $200 million in funds under management. “Demand for our small cap funds continues to grow, performance has been consistently strong, and Mike will help us to take it to the next level.”

Mr Younger will work closely with Richard Ivers, portfolio manager for small cap strategies including the outperforming Prime Value Emerging Opportunities Fund. “I’ve known Mike Younger for many years. He is a talented and experienced small cap stock picker, and will be a fantastic addition to our team.”

The Prime Value Emerging Opportunities Fund is currently open to retail investors.

Boutique manager Prime Value Asset Management was founded in 1998 and is part of an investment group including Shakespeare Property Group, managing over $2 billion in equities, income securities, direct property and alternative assets.

The post Prime Value strengthens equities team with new portfolio manager Mike Younger appeared first on AdviserVoice.

Mr Morgan has experience as a wealth adviser and was previously an Investment Specialist with MLC Asset Management.

He said Prime Value Asset Management offers something unique for Australian investors. “Prime Value brings family-office calibre and stewardship to retail investment funds, and has runs on the board for consistency and innovation.”

He said Prime Value’s family office background and independence lets it play to its strengths across several asset classes. “Prime Value’s approach can be seen in its concentrated small caps vehicle, the high performing Prime Value Emerging Opportunities Fund.”

The Prime Value Emerging Opportunities Fund was ranked the second-highest performing Australian equities fund for the 2020 calendar year by Morningstar. It delivered 23.4 per cent (after fees) to investors for the calendar year, outperforming the market by 14.2 per cent (source: Morningstar).

“This fund shows it’s possible to focus on capital preservation and stewardship yet generate extremely strong returns.

“Prime Value’s unique approach applies to other investments, including equities, income funds and alternative investments.”

Prime Value CEO, Yak Yong Quek, said Prime Value is growing its funds under management among retail investors. “Philip is an outstanding addition to our team and will be important in developing our connection with financial advisors and dealer groups.”

Prime Value funds are available via platforms including BT Wrap, Netwealth, Hub24, and Powerwrap.

Boutique manager Prime Value Asset Management is part of an investment group including Shakespeare Property Group, managing more than $2 billion across equities, income securities, direct property and alternative investments.

The post Boutique Prime Value appoints new business development manager from MLC appeared first on AdviserVoice.

Mr Murphy spent almost a decade as CEO of Christian Super, during which time the Fund received several awards and experienced top quartile growth among Australian superannuation funds, with funds under management increasing by 175% and net membership by 65%.

His extensive governance experience includes stints on Macquarie Cleantech Fund’s advisory committee, and the Australian Committee of the United Nations Principles of Responsible Investment.

Mr Murphy currently holds other roles including Director and Secretary of the Responsible Investment Association of Australasia, and Chairman of the Impact Investment Forum.

He said Prime Value is sharpening its institutional focus after launching several alternative investment options including enhanced cash, agriculture, infrastructure and mortgage funds. “Prime Value’s product suite is wonderfully aligned to the institutional space, particularly those investors considering impact”, Mr Murphy said.

“Prime Value has strong integrity all the way through the business, from CEO Yak Yong Quek to Chairman John Sikkema to all the asset managers.

“It’s a best kept secret in institutional circles at present but has some compelling funds. For example the Prime Value Cash Plus Fund, led by the talented Matthew Lemke, which has quietly performed strongly for nearly five years.”

Prime Value has also boosted its client services team, appointing Andrew Russell as Relationship Manager. Mr Russell brings 25 years’ experience in working with not-for-profits, business and financial services.

Prime Value CEO, Yak Yong Quek, welcomes the new appointments. “Peter Murphy understands institutional investors, he is cut from the same cloth and we think he will be a great asset to Prime Value.

“Andrew will be pivotal in looking after our retail, wholesale and institutional investors, and connecting with new investors.”

Boutique manager Prime Value Asset Management is part of an investment group including Shakespeare Property Group, managing more than $1.5 billion across equities, cash plus, direct property and agriculture investment.

The post Boutique Prime Value appoints former Christian Super CEO Peter Murphy – aims for more institutional investment appeared first on AdviserVoice.

Richard Ivers

Boutique fund manager, Prime Value Asset Management, has appointed a new portfolio manager, Richard Ivers, to its Australian equities team.

Richard has over 16 years’ experience covering Australian equities in both portfolio management and research analyst roles.

Richard’s previous roles include two years at Contango Asset Management. He was portfolio manager of the small companies fund which registered top quartile performance over all periods up to two years.

Prior to this Richard was a portfolio manager at River Capital and a senior research analyst at Ord Minnett.

Yak Yong Quek, CEO of Prime Value Asset Management, said Richard brings a good blend of analytical experience and business strategy to the role. “Richard has developed a strong track record across different disciplines. He brings a good understanding of business strategy and finance having worked for several companies in the IT and finance sectors in Europe.

“We think that combination of corporate experience and financial analysis is well suited to our approach.”

Richard Ivers will be working with the Prime Value Equities team, along with other portfolio managers ST Wong and Leanne Pan. Richard will also be responsible for managing the Prime Value Emerging Opportunities Fund, alongside ST Wong.

The Prime Value Emerging Opportunities Fund is a benchmark unaware high conviction fund investing in companies with a market capitalisation of less than $500m. The Fund has returned 14.6 per cent to investors since inception in October 2015 (net of fees except performance fees).

The manager’s other equities funds include the Prime Value Opportunities Fund, a concentrated investment vehicle which has returned 13.1 per cent to investors per annum since inception in October 2012 (net of fees except performance fees).

Prime Value Asset Management is part of an investment group including Shakespeare Property, managing more than $1.3 billion across equities, cash and direct property investment.

Mr Quek says one of the boutique’s strengths is connecting different perspectives through cash, equities and property. “We feel this provides us a 360-degree view, which is an advantage due to the crossover effects which occur across different markets.”

The post Boutique Prime Value Asset Management appoints new portfolio manager appeared first on AdviserVoice.