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Antares Capital, is a dedicated asset management business managing more than $33.4bn on behalf of Australian investors, with $5.5bn in Australian equities and more than $27.9bn in fixed income (as at 30 June 2021).

At Antares we are wholly focused on delivering performance for investors through an investment approach underpinned by dedication, experience and discipline. We recognise and are ready for market uncertainty, and believe great performance is achieved through a focus on both risk and return. Antares consists of two divisions – Antares Equities (formerly Portfolio Partners and Aviva Investors) and Antares Fixed Income (formerly National Specialist Investment Management).

Antares Fixed Income focuses on delivering performance objectives for investors within a carefully managed, defined risk framework. Antares Fixed Income team uses a highly systematic investment approach that has its roots in the thorough knowledge and experience of the investment team.

  • Antares Fixed Income believes that debt markets are not completely efficient and as such, opportunities can be identified and exploited in a systematic way. Antares Fixed Income portfolios are constructed with the aim of capturing income whilst minimising the risk of capital loss.

    Superior returns for a given level of risk can be delivered by investing in a broad set of opportunities and using a diversified range of strategies. Antares Fixed Income seeks to maximise returns across a range of economic cycles.

    Antares Fixed Income retains a stable, collaborative and experienced team of investment professionals, who have managed investment portfolios across a range of economic cycles.

    Our Process

    Antares Fixed Income investment  process can be summarised in the below charts:

       


    Risks

    Risks specific to investments in fixed income instruments may include credit and default risk (i.e. the risk that the issuer of security owned by the relevant fund may not meet their obligations to make interest payments, the repayment of capital or both), interest rate risk (the value of the relevant Fund’s investments may be sensitive to changes to interest rates), inflation risk (the risk of inflation being higher than anticipated), and liquidity risk (the risk of not being able to find a buyer in a timely manner). Please refer to the relevant fund’s offer document for more information.

  • Fixed Income team

    The Antares Fixed Income is a leading fixed interest manager, covering a breadth of domestic and international securities.

    Antares Fixed Income has managed fixed interest securities for clients since 1990 and currently has over AU$27.9 billion under management (as at 30 June 2021). The team comprises seven investment professionals with an average experience of over 20 years in the industry.

    Mark Kiely

    Head of Antares Fixed Income

    Key Responsibilities
    Mark has overall responsibility for the management of the Antares Fixed Income Team and broad portfolio management responsibilities. Mark began his career in 1993 when he joined MLC Investment Management as an analyst. He has been a key member of the Antares Fixed Income team from then on, holding various portfolio management roles for over 26 years.

    Years with the Group
    28

    Years of Industry Experience
    28

    Experience
    2020 – Head of Antares Fixed Income
    2000 - Portfolio Manager - (Fixed Interest, CPI, Asset & Liability)
    1997 - 2000 - Portfolio Manager - MLC Investment Management
    1993 - 1997 - Analyst - Short-term Securities - MLC Investment Management

    Qualifications
    B.Ec., M.Fin, Grad Dip Fin.

    Ken Hyman

    Portfolio Manager

    Key Responsibilities
    Ken’s focus is on strategy and scenario analysis, being key building blocks of the Antares Fixed Income portfolios. Of his 47 years in the industry, Ken has spent 29 with the Antares Fixed Income team. In March 2020, the business and leadership responsibilities of Antares Fixed Income where transitioned from Ken to Mark Kiely. His previous investment experience includes 9 years as a partner with Gilt Money Investments and 8 years with Nefic Acceptances, a South African merchant bank where he was managing equity and fixed interest portfolios.

    Years with the Group
    31

    Years of Industry Experience
    50

    Experience
    2000 - Investment Manager - Antares Fixed Income
    1989 - 2000 - Fixed Interest Portfolio Manager with Capita/MLC
    1979 - 1988 - Partner in Gilt Money Investments, offering portfolio management and dealing services in the South African Fixed Interest market
    1971 - 1979 - Nefic Acceptances (a South African merchant bank) and Sage Holdings (a South African mutual fund) managing equity and fixed interest portfolios

    Qualifications
    B.Com., Grad Dip Fin, FFin.

    Tano Pelosi

    Portfolio Manager

    Key Responsibilities
    Tano has responsibility for managing inflation linked securities portfolios and supporting responsibilities for the management of broader fixed interest portfolio with a key focus on credit.

    Years with the Group
    17

    Years of Industry Experience
    29

    Experience
    2004 - Portfolio Manager - (CPI, Credit) - Antares Fixed Income
    2000 - 2004 - Senior Analyst - Research, Wholesale Financial Markets, NAB
    1996 - 2000 - Senior Analyst - Credit Research, Westpac Institutional Bank
    1992 - 1996 - Various Roles in retail and commercial lending, up to manager level - Westpac Banking Corporation

    Qualifications
    B.Com., M.Ec., M.Com., PhD

    Steven Lee

    Portfolio Manager

    Key Responsibilities
    Steven is responsible for providing portfolio management and dealing support across the Antares Fixed Income debt portfolios with a focus on asset/liability management and long duration strategies.

    Years with the Group
    15

    Years of Industry Experience
    24

    Experience
    2020 – Portfolio Manager
    2007 - Assistant Portfolio Manager - Antares Fixed Income
    2006 - 2007 - Investment Operations Manager
    2000 - 2006 - Senior Associate - Morgan Stanley Structured Products
    1999 - 2000 - Investment Analyst - Deutsche Bank
    1997 - 1999 - Fund Accountant - State Street Australia Limited

    Qualifications
    B.Bus. Dip Securitisation

     

    Gillian Wilson

    Portfolio Manager

    Key Responsibilities
    Gillian has responsibility for the management of broader fixed interest portfolios with a key focus on ESG. Gillian joined the Antares Fixed Income team in September 2021 as a Portfolio Manager.
    Gillian began her career in 1998 when she joined BT Funds Management in their client services team. Prior to joining Antares Fixed Income, Gillian was a Portfolio Manager and Vice President at Dimensional Fund Advisors since 2008.

    Years with the Group
    < 1

    Years of Industry Experience
    19

    Experience
    2021 – Portfolio Manager, Antares Fixed Income
    2008 – 2021 – Portfolio Manager and Vice President – Dimensional Fund Advisors
    1999 – 2004 – Risk Analyst – Macquarie Bank
    1998 – Client Services Representative – BT Funds Management

    Qualifications
    B.Bus, M.Eco.

     

    Jonathan Goh profile picture

    Jonathan Goh

    Assistant Portfolio Manager

    Key Responsibilities
    Jonathan has responsibility for providing investment research and portfolio management support for Antares' credit focused portfolios.

    Years with the Group
    10

    Years of Industry Experience
    18

    Experience
    2014 - Assistant Portfolio Manager - Antares Fixed Income
    2011 - 2014 Credit Analyst - Antares Fixed Income
    2009 - 2011 - Credit Analyst - NAB Institutional Banking
    2006 - 2008 - Credit Analyst - various Financial Institutions (London)
    2003 - 2006 - Credit Analyst - NAB Business Banking
    2002 - 2003 - Accountant - PricewaterhouseCoopers

    Qualifications
    B.Com., B.Bus.

    James Lee

    Quantitative Analyst

    Key Responsibilities
    James' primary responsibility is providing quantitative and analytical support to the debt team, particularly in the refinement and development of proprietary models.

    Years with the Group
    13

    Years of Industry Experience
    16

    Experience
    2008 - Quantitative Analyst - Antares Fixed Income
    2007 - 2008 - Asset Management Technology support roles - MLC
    2005 - 2007 - Asset Management Technology support roles - Challenger

    Qualifications
    BCST(ComputerScience), MAppFin