We seek to foster an environment of professionalism and productivity to ensure the continued success of the company and satisfaction of our clients. Our culture and philosophy reflect a truly international operation.

In our business we combine several specialist teams, including investments, client service/sales, marketing, operations and finance at Invesco Australia, and specialist broad cap and small cap equity teams at Concord Capital, our fully owned subsidiary. Our biographies below show the key people in our firm.

Senior Management	Investment Teams	Sales teams
Our management team and senior professional group have the right blend of experience and judgement to provide the kind of vision and leadership required for an organisation to succeed in the truly global, twenty-first century investment marketplace. The team's main priorities are to grow the business, lead it through constantly changing local and global environments, and provide opportunities for staff to grow and develop.	Our investment teams manage client’s money using distinct, tailored investment processes. However, all our investment professionals are united by an investment approach that is active and long term-focused.	Our institutional and retail sales teams comprise professionals who have both a deep understanding of markets and the investment industry, as well as a strong client service ethos.
Mick O’Brien, CFA Chief Executive Officer Mark Yesberg Head of Product and Marketing Richard Douglas, CFA Head of Australian Equities - Concord Capital Peter McClelland Head of Institutional Business Robert Adés Head of Operations Nick Burrell Head of Legal and Company Secretary Joanne Key Head of Human Resources	Invesco Australia investment teams Australian Smaller Companies team Cynthia Jenkins Head of Australian Smaller Companies Andrew Perks Investment Manager, Smaller Company Equities Silvo Barac Investment Manager, Smaller Company Equities Multi Asset Class team Jackson Leung Senior Investment Manager Ashley Kabel Investment Analyst, Multi Asset Class Group Quantitative Strategies team Nicole Schnuderl Senior Portfolio Manager, Global Quantitative Equities Implementation Greg Bevis Equity Dealer Concord Capital investment teams Concord Capital broad market team Richard Douglas, CFA Head of Australian Equities - Concord Capital Garry Duncan Senior Analyst/Portfolio Manager - Concord Capital Katrina Onishi, CFA Senior Analyst/Portfolio Manager - Concord Capital Chris Haynes Concord Capital Martin Hickling, CFA Senior Analyst/Portfolio Manager - Concord Capital Will Culbert Analyst/Portfolio Manager - Concord Capital Anne Percent Quantitative Analyst - Concord Capital Chris van Rijswijk, CFA Implementation Manager - Concord Capital Concord Capital Australian smaller companies team Garry Duncan Senior Analyst/Portfolio Manager - Concord Capital Justin Farley, CFA Smaller Companies Portfolio Manager - Concord Capital Matt Booker Smaller Companies Portfolio Manager - Concord Capital Anne Percent Quantitative Analyst - Concord Capital Chris van Rijswijk, CFA Analyst - Concord Capital Toby Bellingham Implementation Manager - Concord Capital	Invesco Australia Institutional Sales Peter McClelland Head of Institutional Sales Patricia Newby Senior Business Development Manager - Institutional Business Maxine Kraut Business Development Manager, Consultant Relationships - Institutional Business Invesco Australia Retail Sales Sam Sorace National Retail Sales Manager (Vic, SA & Tas) Matthew Hattersley Manager Retail Sales (NSW & Qld) David Ray Manager Retail Sales (NSW, ACT & WA)

Invesco Australia senior management
		Mick O'Brien, CFA CEO Mick O'Brien was appointed CEO of Invesco’s Australian business in July 2006. He was previously Director, Retail Sales & Marketing, a position he held since August 2004 where he led significant progress in Invesco’s retail business. Before joining Invesco, Mick was Chief Investment Officer at AXA Australia and New Zealand, with overall responsibility for managing more than A$30 billion of assets. In this role he was also a director of Alliance Bernstein's companies in Australia and New Zealand. Mick has 24 years’ experience across a range of areas in wealth management and financial services. At AXA Asia Pacific Holdings (and its predecessor National Mutual), he held a variety of senior roles in marketing, funds management, product development, strategy, Asian development, and actuarial superannuation consultancy. Mick is qualified as a Fellow of the Institute of Actuaries of Australia and holds the Chartered Financial Analyst designation.

Richard Douglas CFA Director, Australian Equities - Concord Capital Richard Douglas is Director, Australian equities and head of Concord Capital. His core responsibilities lie in the overall management of the investment strategies and team, including overseeing the integrity of Concord’s investment processes. Before co-founding Concord in 2000, Richard was Chief Investment Officer at Lend Lease Corporation, and before that, was Managing Director at BZW Investment Management/Barclays Global Investors (Australia). Richard has also held senior positions at Suncorp Investment Management and at SFIT. Richard is a CFA charterholder and holds Bachelor of Accounting and a Bachelor of Arts (honours) degrees.

Mark Yesberg Head of Product & Marketing Mark Yesberg has been with Invesco since June 2004 as Product Manager. He took up responsibility also for the marketing function in August 2006 and now looks after the development and promotion of all product offerings for retail and wholesale investors through to individually mandated clients. Mark has 26 years’ experience in financial services across product and marketing. He was with AXA for 24 years in a variety of roles in administration, business analysis, and product and marketing across superannuation, platforms, and investments. Mark holds a Bachelor of Business (Accounting) from the University of South Australia, a Graduate Diploma in Financial Planning (Securities Institute), and a Graduate Diploma in Business Administration (Monash).

Peter McClelland Head of Institutional Business Peter McClelland heads up Invesco’s Institutional business and is responsible for building and managing the institutional business in Australia and New Zealand. Peter is also a member of the Australian senior management team and heads up our Sydney office. Peter has more than 18 years’ experience in finance, with the last 15 years focused on institutional funds management. He has worked in various institutional marketing roles encompassing production, client service, communications and business development, and held junior portfolio management roles. Peter joined Invesco in early 2005 after eight years with Barclays Global Investors Australia (BGI), where he played a significant part in driving revenue growth and was successful in targeting and acquiring strategic client relationships. In his most recent position, Peter was BGI’s Director and Co-Head of Institutional Business. He also worked for 10 years with Macquarie Investment Management, helping to establish their institutional funds management business. Peter holds an Executive MBA from the Australian Graduate School of Management.

Robert Adès Head of Operations & Finance Robert Adès brings to Invesco a diverse set of skills. Robert has enjoyed senior executive experience at financial firms and has forged a strong track record in operations, business strategy, finance, marketing, and information management. He has over 12 years board experience, acting as a director for unlisted public and private companies in Australia, Singapore, Taiwan and India. Robert’s most recent role was Chief Executive Officer of Canbrea & Company Ltd, an unlisted public investment company and AFS licence holder that provides portfolio management, advisory and financial services to private investors and semi-institutional funds. Robert’s professional qualifications include an MBA, a Graduate Diploma in Marketing and Bachelor of Engineering (Industrial & Computing) from Monash University, and he is a sessional staff member within Monash’s MBA program. Robert is a Fellow of the Australian Institute of Management and Fellow of the Institute of Company Directors.

Nick Burrell Head of Legal & Compliance and Company Secretary Nick Burrell is responsible for the legal and secretariat function at Invesco Australia. Nick is also a member of Invesco Australia’s Executive Committee. Nick Burrell has practised as a lawyer for more than 10 years, having worked in both private practice (Maddocks), as well as in-house (Goodman Group). Nick’s previous experience as a lawyer has included working on corporate transactions, fund establishments and capital raisings across the Asia-Pacific region. Nick holds degrees in law and commerce (accounting), as well as a Master of Applied Finance.

Joanne Key Head of Human Resources Joanne Key is responsible for the provision of strategic and procedural advice and support on all facets of Human Resource Management to the Australian business. She is also a member of the Executive team at Invesco Australia. Joanne joined Invesco in January 2006. During her 15 year career she has held management roles in HR and Training & Development for Willis Australia Ltd and Members Equity, as well as senior HRD and HR project management roles for NRMA Insurance Ltd. Joanne holds a Bachelor of Education, a Postgraduate Diploma in Training & Education (Melbourne), and a Graduate Certificate in Human Resource Management (Swinburne).

Invesco Australia investment teams

Cynthia Jenkins Head of Smaller Company Equities Cynthia Jenkins joined Invesco in February 1994 as a Smaller Company Equities analyst with responsibility for both industrial and resource stocks. In 2000 she became an Investment Manager, and in 2005 Cynthia became responsible for Invesco’s Australian smaller company portfolios. Cynthia worked previously in the investment division of AMP and later at National Mutual Funds Management, where she was involved in equity research and portfolio management for retail equity trusts and wholesale superannuation funds. In total, she has 19 years’ experience in investment management. Cynthia holds a Bachelor of Business (Economics & Finance) and a Master of Tax.

Andrew Perks Investment Manager, Smaller Company Equities Andrew Perks joined Invesco as Investment Manager, Smaller Company Equities, in April 2007. Andrew has more than 10 years investment experience in Australia and overseas, with a strong track record in small cap research at UBS and Merrill Lynch. Prior to his entry into investment markets, Andrew was a Senior Accountant with Arthur Andersen. Andrew is a Chartered Accountant and a Fellow of Finance, and holds a Bachelor of Commerce (Accounting/Japanese) from Melbourne University.

Silvo Barac Investment Manager, Smaller Company Equities Silvo Barac joined Invesco in November 2011 as an Analyst within the Invesco Australian Smaller Companies team. Silvo’s research responsibilities include Consumer Services, Media, Health Care, Diversified Financials, Insurance and Telecommunication Services. Before joining Invesco, Silvo worked for four-and-a-half years as a Smaller Companies Analyst at River Capital Ltd, where he identified investment opportunities across a range of industrial equity sectors including retail/wholesale, financial services, health services, and mining services. Prior to that, Silvo was a Senior Research Analyst at Lonsec Research researching large cap and small cap long only fund managers. Silvo holds a Bachelor of Commerce from La Trobe University.

Jackson Leung Senior Investment Manager, Multi Asset Class Group Jackson Leung is responsible for portfolio management of all multi-asset class products, as well as specialist international equities and indexing portfolios. Before being appointed to head the Multi Asset Class group in September 2002, Jackson was Senior Investment Manager for these portfolios. Previous positions held at Invesco include Investment Manager of the International Equities team, responsible for market research in Japan, Asia, and emerging markets, and Performance Analyst. Prior to joining Invesco, Jackson worked for Watson Wyatt in Hong Kong and for The Royal Hong Kong Jockey Club. Jackson holds Masters and Bachelors degrees in Economics, and holds a CPA and F.Fin accreditations.

Ashley Kabel Investment Analyst, Multi Asset Class Group Ashley Kabel has been an Investment Analyst in the Multi Asset Class area since 2007, and is actively involved in day-to-day portfolio management of multi-asset class portfolios as well as specialist equity, fixed income and alternative asset class portfolios. Prior to joining the Multi Asset Class Team, Ashley worked as a Performance Analyst at Invesco while completing his university studies. Ashley holds Bachelors degrees in Law (Hons) and Engineering (Software) (Hons) from the University of Melbourne. Ashley has passed level 3 of the Chartered Financial Analyst (CFA) program, a prerequisite to earning the CFA charterholder designation.

Nicole Schnuderl Senior Portfolio Manager, Invesco Global Quantitative Equity team Nicole Schnuderl, based in Melbourne, is a Senior Portfolio Manager in Invesco’s Global Quantitative Equity (GQE) team. She is mainly responsible for managing and/or implementing Australian equity portfolios (core and 130/30 long/short), and also has investment responsibilities for Invesco’s Global Matrix Funds. Nicole transferred to Invesco Melbourne from GQE in Frankfurt in October 2009 and continues our efforts to establish our quantitative equity expertise in the Australian market, having worked extensively on developing Invesco's Australian Equity portfolio since 2007. Previously, Nicole had worked in Invesco's London Institutional Business team, and before that she worked for the Austrian central bank and at the University of Richmond, Virginia USA. Nicole has a degree in Business Administration and Economics from Vienna University in Austria and the University of Richmond, Virginia USA, and is in the final stages of studying to complete her Doctoral studies in Economics at Vienna University.

Greg Bevis Equity Dealer Greg Bevis is mainly responsible for the implementation of portfolio trades in the Australian equity market. Greg has 11 years investment management experience. Prior to being promoted to his current role, Greg spent three years in Invesco’s Client Services team as a Consultant. Prior to joining Invesco, Greg worked at Bankers Trust in client and advisory servicing roles.

Concord Capital investment teams

Richard Douglas, CFA Director, Australian Equities - Concord Capital Richard Douglas is Director, Australian equities and head of Concord Capital. His core responsibilities lie in the overall management of the investment strategies and team, including overseeing the integrity of Concord’s investment processes. Before co-founding Concord in 2000, Richard was Chief Investment Officer at Lend Lease Corporation, and before that, was Managing Director at BZW Investment Management/Barclays Global Investors (Australia). Richard has also held senior positions at Suncorp Investment Management and at SFIT. Richard is a CFA charterholder and holds Bachelor of Accounting and a Bachelor of Arts (honours) degrees.

Katrina Onishi, CFA Senior Analyst/Portfolio Manager - Concord Capital Katrina Onishi is a founding member of Concord and has been a senior member of the investment team since its inception in 2000. Her 20 years-plus investment experience as an analyst and portfolio manager, both in Australia and offshore, have yielded a strong track record of success in investment research and portfolio management. Prior to Concord, Katrina worked in analyst/portfolio manager roles at Lend Lease Investment, Invesco, Axiom Funds Management, and at AMP where she started her investment career. Katrina is a CFA charterholder, holds a Bachelor of Arts (honours) degree, and is a member of FINSIA.

Chris Haynes Concord Capital Chris Haynes is a founding member of Concord. He has been managing portfolios since the firm's inception in 2000 and continues to research the industrials and financials sector. Prior to Concord Chris worked in funds management at Lend Lease, stockbroking at Bankers Trust, and Insolvency at Price Waterhouse Coopers. Chris is a Chartered Accountant, holds a Bachelor of Commerce degree, and is a member of FINSIA.

Martin Hickling, CFA Senior Analyst/Portfolio Manager - Concord Capital Martin Hickling joined Concord in 2003. He is a portfolio manager and has senior analyst responsibilities specialising in insurance, diversified financials and property. Prior to joining Concord, Martin worked as a ‘sell-side’ analyst, as Director - Insurance and Diversified Financials at CSFB (now Credit Suisse), for three years. Before that, he was a Financial Services Analyst at Ord Minnett Securities (now JP Morgan) for over two years, and prior to that, worked as a Senior Investment Manager – Australian Equities, as well as in other roles, for a total of ten years, with Colonial Group. Martin is a CFA charterholder and is a Fellow of the Institute of Actuaries of Australia (FIAA), holds a Bachelor of Economics degree from Macquarie University, and is a member of FINSIA.

Will Culbert Analyst/Portfolio Manager - Concord Capital Will Culbert joined Concord in 2002 and has analyst responsibilities within the broad cap team. Will joined Concord after two years with the Bank of New York in London as an Investment Accountant/Analyst. Prior to joining the Bank of New York, he held various positions at Challenger International. Before being promoted to his current role in 2007, Will was an Assistant Analyst (2005-2007). Prior to that, he worked in various roles including equities dealer and client services/operations. Will holds Bachelor of Business (ACU) and Master of Commerce (Accounting) degrees from the University of New South Wales, and is a member of FINSIA.

Garry Duncan Senior Analyst/Portfolio Manager - Concord Capital Garry Duncan has been a Director at Concord since its inception in 2000, and his 20 years-plus investment experience and background in geology have enabled him to consistently unearth good investment ideas in the smaller resources and energy sectors of the Australian share market. Garry was previously a Portfolio Manager/Analyst at Lend Lease Investment Management, and before that held research positions at ABN Amro and at Westpac Investment Management. Prior to investment management, Garry worked as a Geologist in coal, gold and base metals exploration. Garry holds a Masters of Accounting, a Bachelor of Applied Science, a Diploma of Geology, and is a member of FINSIA.

Justin Farley, CFA Smaller Companies Portfolio Manager - Concord Capital Justin Farley has 13 years investment experience, specialising in smaller companies investing, predominantly in industrial sectors. Justin joined Concord in 2008, and his high level background in small cap investment management has come from portfolio management/analyst roles at Aberdeen Asset Management, Deutsche Smaller Companies, BP, and Colonial. Justin is a CFA charterholder and holds a Bachelor of Commerce (honours).

Matt Booker Smaller Companies Portfolio Manager - Concord Capital Matt Booker Matt has 14 years experience as an analyst, including five years specialising in Australian small companies. Before joining Concord in 2008, Matt held small cap portfolio management roles at Paradice Investment Management and Credit Suisse Asset Management. Prior to that, Matt was lead insurance/financial services analyst at Merrill Lynch, an actuarial analyst at Tyndall Life, and Head of Hedge Fund Sales at Deutsche Australia. Matt holds a Bachelor of Economics majoring in Actuarial studies, and is an Associate of the Institute of Actuaries of Australia.

Anne Percent Quantitative Analyst - Concord Capital Anne Percent joined Concord in 2002. As the Quantitative Analyst in Australian equities at Concord, Anne is chiefly responsible for performance and risk analysis. Anne also has portfolio management responsibilities, and is involved in ad hoc quantitative research projects. Prior to joining Concord Capital, Anne was a Quantitative Analyst for IAG Asset Management in Sydney. Before that, Anne was a Portfolio Manager - International Equities for Barclays Global Investors in Sydney using quantitative strategies. Prior to moving to Australia, Anne was a product developer for Barra, working mainly on the Australian Equities risk model. Anne holds a Bachelor of Applied Mathematics from the University of California, Berkeley, as well as a Master of Applied Finance from Macquarie University, Sydney.

Chris van Rijswijk, CFA Analyst - Concord Capital Chris van Rijswijk was promoted to the position of Analyst at Concord in November 2011, having previously been the Implementation Manager. Chris’ investment responsibilities are in broad market strategy, covering the Media, Diversified Financials and Telecommunications sectors. Prior to joining Concord in 2006, Chris worked at Schroders in London for three years as a Fund Manager’s Assistant on an international equities fund. Before that Chris worked in Margin Lending and Fixed Interest dealing at BT Financial Group Chris is a CFA charterholder, holds a Bachelor of Arts and a Masters of Commerce (Finance) degree from UNSW, and has a Graduate Diploma in Corporate, Securities and Finance Law from Sydney University.

Toby Bellingham Implementation Manager - Concord Capital Toby Bellingham joined Concord Capital in October 2011 as Implementation Manager. Prior to joining Concord, Toby worked as an Equities Trader at Schroder Investment Management (Sydney), supporting three portfolio managers and seven analysts covering mostly Australian equities (large cap, small cap and micro-cap). Before that, Toby held other roles at Schroder London, as an Asset Allocation Manager/Analyst, and in Deal Implementation on the US, European and Pan Pacific Equities Desks. Toby holds an Investment Management Certificate (UK FINSIA equivalent).

Invesco Australia institutional sales

Peter McClelland Head of Institutional Business Peter McClelland heads up Invesco’s Institutional business and is responsible for building and managing the institutional business in Australia and New Zealand. Peter is also a member of the Australian senior management team and heads up our Sydney office. Peter has more than 18 years’ experience in finance, with the last 15 years focused on institutional funds management. He has worked in various institutional marketing roles encompassing production, client service, communications and business development, and held junior portfolio management roles. Peter joined Invesco in early 2005 after eight years with Barclays Global Investors Australia (BGI), where he played a significant part in driving revenue growth and was successful in targeting and acquiring strategic client relationships. In his most recent position, Peter was BGI’s Director and Co-Head of Institutional Business. He also worked for 10 years with Macquarie Investment Management, helping to establish their institutional funds management business. Peter holds an Executive MBA from the Australian Graduate School of Management.

Patricia Newby Senior Business Development Manager - Institutional Business Patricia Newby is well known and highly regarded in the Australian institutional market with around 20 years industry experience. At Invesco, Patricia is focused on developing Invesco's institutional business across a broad range of domestic and global investment capabilities. Patricia’s background is broad-based with senior positions in the superannuation industry, including roles as a trustee and then in senior management with a large superannuation fund, together with a very successful track record in institutional business development. Patricia has a Bachelor of Economics from the Australian National University and the FPA/Deakin University Diploma of Financial Planning.

Maxine Kraut Business Development Manager, Consultant Relationships - Institutional Business Maxine Kraut joined Invesco Australia in October 2009 and is responsible for managing our relationships with asset consulting firms. Prior to joining Invesco, Maxine was an Assistant Vice President at Deutsche Bank’s Private Wealth Management division in New York, managing balanced portfolios offered to private bank clients. Maxine's strong relationship management, product and investment skills are important in developing and maintaining our relationships with asset consultants and clients as we increase the number of investment strategies we bring to the Australian market. Maxine is a Certified Investment Management Analyst, a Chartered Accountant, and holds a Bachelor of Business.

Invesco Australia retail sales

Sam Sorace National Retail Sales Manager (Vic, SA & Tas) Tel: 0413 050 909 Click here to dowload Sam's contact details as a Vcard. Sam Sorace was appointed National Retail Sales Manager responsible for Invesco’s retail business development team in August 2006. As head of sales, he is also responsible managing Invesco’s retail advisory networks in Victoria, Adelaide and Tasmania directly. Sam has 15 years’ experience in financial services in retail sales and distribution, starting as a financial consultant with Westpac in 1992. He joined Invesco in April 2005 as BDM for the southern states. This followed six years with Zurich Financial Services, where he was Business Development Manager for Investments and Regional Sales Manager looking after Victoria, Tasmania, and South Australia. Sam has completed DFP 1, 2, 3 and 5, and is IPS146 compliant.

Matthew Hattersley Manager Retail Sales (NSW & Qld) Tel: 0414 847 511 Click here to dowload Matthew's contact details as a Vcard. Matthew Hattersley joined Invesco in October 2006 as Manager Retail Sales with responsibilities for advisers in New South Wales and Queensland. These are markets Matthew knows well. He was previously with Credit Suisse as an Account Manager. Matthew has more than 20 years’ experience in the financial services industry working across insurance, financial planning, and funds management. Matthew started his career in financial services at AMP in 1988 before moving in 1992 to BT Funds Management, where he worked in Client Services and Business Development. In 1997, Matthew joined Bridges Financial Services supporting their national network of financial planners. From Bridges he joined Credit Suisse in 2000. Matthew is based in Sydney.

David Ray Manager Retail Sales (NSW, ACT & WA) Tel: 0437 404 445 Click here to dowload David's contact details as a Vcard. David Ray joined Invesco in March 2011 as Manager Retail Sales and has responsibilities for advisers in southern New South Wales, ACT, and Western Australia. David has had over 10 years financial services experience and previously worked at PM Capital for three and a half years as a National Business Development Manager responsible for developing key relationships with retail financial advisers, dealer group researches and research houses throughout Australia. He also worked for six years with Colonial First State in a variety of roles within distribution, where he mainly focused on providing quality service and support to advisers nationally. David holds a Diploma in Financial Markets and a Graduate Diploma in Applied Finance and Investment from the Securities Institute of Australia. David is based in Sydney.