Contact Asset Management Pty Ltd (“Contact”) is fully owned by Tom Millner, Will Culbert and Soul Pattinson. The Management Team has an average of 16 years of experience primarily in the listed investment company sector.
Contact is responsible for overall portfolio management of URB. It will intensively manage the asset allocation between stock selection in Australian Equity Assets and Direct Property Assets.
The URB portfolio will be highly correlated to the urban renewal and regeneration thematic (typically 20-30 stocks).
Equity Asset allocation will not mirror that of BKI (typically no Banks or Resources).
Director – Chairman
Mr Millner has extensive experience in the investment industry. Current listed company directorships include: WHSP (Non-executive Director since 1984, appointed Chairman 1998); Apex Healthcare Berhad (appointed 2000); Australian Pharmaceutical Industries Limited (appointed 2000); Brickworks Limited (appointed 1997 Chairman since 1999); BKI Investment Company Limited (Chairman since 2003); Milton Corporation Limited (appointed 1998 Chairman since 2002); New Hope Corporation Limited (appointed 1995 Chairman since 1998) and TPG Telecom Limited (appointed 2000)
Director / Portfolio Manager
Mr Culbert has 17 years’ experience in the funds management industry in Australia and the UK. Prior to the establishment of Contact Asset Management in 2016, Will was Portfolio Manager for BKI Investment Company for 3 years. Will spent 11 years with Invesco Asset Management (formerly Concord Capital Pty Ltd) as an Equity Analyst and Portfolio Manager. He has also worked for the Bank of New York and Challenger Group. Will has a Bachelor of Business, a Graduate Diploma of Applied Finance & Investment and a Masters of Commerce from the University of New South Wales. He is also a Graduate of the Australian Institute of Company Directors.
Director / Portfolio Manager
Mr Millner has more than 15 years’ experience in investment markets. Prior to the establishment of Contact Asset Management, Tom was Chief Executive Officer of BKI Investment Company from 2008 to 2016 – a period in which total assets grew from $440m to almost $1bn. Prior to joining BKI, Tom worked at Souls Funds Management covering research, portfolio management and business development. Prior to this Tom was an investment analyst with Republic Securities Limited, manager of the Investment Portfolio of Pacific Strategic Investments. Tom holds a Bachelor of Design, a Graduate Diploma in Applied Finance and Investment and is a Graduate of the Australian Institute of Company Directors. Tom is currently a Director of Washington H Soul Pattinson and Company Limited (since 2011) and New Hope Corporation Limited (since 2015).
For further information about Contact please click the website: www.contactam.com.au