Independent Expertise Supporting Stronger Governance
The Role of Avangard's Advisory Board
Successful investment management extends beyond portfolio construction. It requires sound governance, disciplined oversight, and the ability to adapt as financial markets, regulatory expectations, and industry best practices continue to evolve.
To support these objectives, Avangard has established an independent Advisory Board comprising experienced professionals whose careers span institutional investment, portfolio management, risk management, securities financing, wealth management, investor relations, and financial services leadership. Collectively, they provide independent strategic guidance that complements the executive team's operational responsibilities while contributing decades of practical industry experience.
Rather than participating in the day to day management of the business, the Advisory Board serves as an independent resource to the executive team. Its role is to provide guidance on investment policy, portfolio construction, risk frameworks, fund governance, regulatory compliance, operational best practice, distribution strategy, and emerging industry developments. This structure helps ensure that Avangard continues to strengthen its governance framework while remaining responsive to an evolving investment landscape.
Independent Perspectives That Strengthen Decision Making
The financial services industry continues to evolve through changing regulations, advances in investment technology, and increasing expectations around governance and transparency.
Drawing on experience gained across multiple market cycles and leadership roles, the Advisory Board provides an independent perspective that assists Avangard in evaluating strategic initiatives, strengthening governance practices, supporting investor engagement, and maintaining alignment with industry developments.
This independence complements Avangard's systematic investment philosophy by encouraging thoughtful discussion, constructive challenge, and informed decision making across matters that extend beyond portfolio management alone.
Kim Ivey - Chair of the Advisory Board, Investment Strategy and Risk
Kim Ivey brings more than forty years of experience in investment and financial services.
His career began at Merrill Lynch before progressing through senior leadership positions with JBWere, Commonwealth Bank, and Vertex Capital Management. Throughout this time, he has worked across private banking, institutional investment, portfolio management, and alternative investments.
At Commonwealth Bank, Kim led teams responsible for quantitative risk assessment, derivative overlay analysis, scenario planning, and performance attribution across multi asset portfolios. Later, at Vertex Capital Management, he pioneered long short equity and market neutral investment strategies in Australia while managing a multi billion dollar international equity portfolio.
Kim has also made significant contributions to the broader investment industry through his leadership of the Alternative Investment Management Association Australia, where he served as Chairman and later President. His experience provides Avangard with valuable insight into investment governance, strategic risk oversight, and industry leadership.
Dave Forsyth - Advisory Board Member, Securities Financing, Prime Services and Capital Markets
Dave Forsyth contributes more than twenty five years of international experience across securities financing, prime brokerage, capital markets, institutional sales, and investment banking.
His career has included senior positions with organisations such as UBS and Maybank Securities across Hong Kong, New York, Singapore, and Sydney. His expertise spans equities, derivatives, securities financing, hedge fund services, consulting, capital introduction, and institutional client solutions.
Having worked extensively with global financial institutions and professional investment managers, Dave brings an institutional perspective that supports Avangard's understanding of capital markets, market structure, and the evolving needs of sophisticated investors.
Andrew Kuruc - Advisory Board Member, Distribution Strategy and Investor Relations
Andrew Kuruc brings more than four decades of experience across wealth management, financial advice, business development, investor relations, and distribution strategy.
His career has included senior leadership roles with organisations including MLC, ipac, Brightgreen, Redwood Wealth Alliance, and Quadrant Investments. Throughout these roles, he has worked closely with financial advisers, investment professionals, and executive leadership teams to support business growth, adviser engagement, and investor communication.
Andrew's experience strengthens Avangard's approach to distribution strategy and investor engagement by providing practical insight into relationship management, professional adviser networks, and the expectations of sophisticated investors.
Experience That Supports Long Term Growth
Each member of Avangard's Advisory Board has built a distinguished career within a different area of financial services. Together, they contribute experience across investment management, portfolio construction, institutional markets, risk management, governance, wealth management, and investor relations.
This breadth of expertise provides Avangard with access to independent strategic perspectives that complement its quantitative investment capabilities and executive leadership. By drawing on decades of industry experience, the Advisory Board helps strengthen governance, supports informed strategic decision making, and contributes to the firm's ongoing development within an increasingly complex regulatory and investment environment.
A Commitment to Responsible Stewardship
At Avangard, disciplined investing extends beyond the investment process itself. Strong governance, independent oversight, and a willingness to draw upon experienced external perspectives are important components of responsible investment management.
The Advisory Board reflects this commitment by providing independent guidance that supports sound governance, informed decision making, and the continuous evolution of the firm's strategic direction in the interests of investors.