Fulcrum appoints Australia head to bolster growth strategy

London, 19 January 2023: 

Angus Carson to work alongside Ironbark on distribution plans.

UK headquartered Fulcrum Asset Management (Fulcrum) and its local distribution partner Ironbark Asset Management (Ironbark) are pleased to announce the appointment of Angus Carson to the role of Product Specialist and Country Head, Fulcrum Australia.

Ironbark began distributing Fulcrum’s strategies to the wholesale and institutional markets in Australia and New Zealand following the purchase of Ambassador Funds Management Services in 2019. Prior to this, Ambassador had represented Fulcrum in the Australian institutional market since 2012.

Joe Davidson, Managing Partner, Fulcrum Asset Management said:

Australia and New Zealand are both key markets for Fulcrum’s innovative investment proposition which is heavily underpinned by the detailed macro research we employ. We have now reached the point where we need a dedicated resource to work alongside Ironbark in servicing our existing clients and continue to help grow our footprint in this region. This appointment follows our expansion into other markets like the US where we are also seeing strong growth”.  

Angus is currently based in London and joins Fulcrum having previously worked as a Regional Director for Dimensional Fund Advisors in Sydney where he covered the institutional markets in Australia and New Zealand. Prior to this, Angus worked as the Head of Superannuation and Government Institutions for BNP Paribas Asset Management Australia, and before that for Ambassador Funds Management Services (Ambassador).

I am delighted to have been given the opportunity to work with such a high-quality asset manager as Fulcrum again, having been involved with their original entry into Australia back in 2012 when I worked for Ambassador. Fulcrum’s core focus – macro investing – has really come to the fore in recent years; providing its investors with a stream of uncorrelated absolute returns through these turbulent markets,” says Angus.

Ironbark’s Head of Funds Management, Alex Donald commented that:

“Fulcrum’s expertise as a global macro specialist has been well received in Australia and we have built a strong footprint over several years.  We expect the strong growth of their diversifying capabilities to continue, an outcome further supported by the appointment of Angus”.

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