Alexander Funds Management Pty Ltd (AFM) has recruited Adam Scully, a former portfolio manager for the Victorian Funds...
Alexander Funds Management Pty Ltd (AFM) has recruited Adam Scully, a former portfolio manager for the Victorian Funds Management Corporation (VFMC), as their new Senior Portfolio Manager.
Adam joins long-standing AFM Portfolio Manager and Director Chris Black, with his appointment coming during a time of growth for the boutique funds management firm. Their newest retail fixed income offering, the Alexander Fixed Income Fund (AFIF), recently surpassed its first 12 months of performance and currently has over $85 million under management.
Adam will be actively managing both AFIF and the firm’s flagship fund, the Alexander Credit Opportunities Fund (ACOF), which recently celebrated its 10th anniversary. “It’s wonderful to have someone of Adam’s calibre join us.” said Mr Black. “His experience and industry insight will be a valuable asset to the firm as we continue to grow.”
Having spent the past 10 years managing VFMC’’s directly invested credit portfolio, Adam brings to AFM a wealth of industry and market knowledge. In his time at VFMC, he invested in and managed assets across multiple security types, including bonds, loans, structured credit and credit derivatives with a focus on Australia.