Allan Gray Australia Names Tim Hillier Co-Portfolio Manager of Stable Fund

Allan Gray Australia promoted Tim Hillier to co-portfolio manager of the Allan Gray Australia Stable Fund, effective November 4, 2026, managing it alongside Chief Investment Officer and Managing Director Simon Mawhinney. EIN Presswire announced the promotion.

Hillier's Path From Analyst to Co-Manager

Hillier joined Allan Gray in 2014 as an analyst. He has held roles at Origin Energy, Ernst & Young and PwC, and is a CFA Charterholder and Chartered Accountant.

Mawhinney said: "Tim's promotion is well deserved. Promoting and recognising talent is an important ongoing endeavour that Allan Gray will continue to undertake. After 12 years with the firm, Tim's stock picking abilities have earned him his spot as a co-portfolio manager."

Hillier said: "I'm pleased to take on this responsibility. The incremental changes give us more flexibility in pursuing the Fund's existing objective. They extend the investments available to us and provide another way to manage equity market risk, while retaining our focus on fundamental, contrarian investing for our clients."

Stable Fund's New Investment Parameters

The promotion accompanies changes to the Stable Fund's investment parameters. The fund can now invest in Australian Government bonds with up to 36 months to maturity, extending the previous limit of 12 months.

Its allocation to cash, Australian Government bonds and term deposits will remain between 50% and 100% of net asset value. The fund will also be permitted to use listed derivatives, such as short positions in Australian index futures, to aim to reduce the risk of loss when markets decline. It will not take a net negative exposure to equities.

Allan Gray's Fund Scale

According to akta.pro company records, the Allan Gray Australia Equity Fund had AUD 2.51 billion in assets as at 30/06/2026, with its Class A at AUD 1,894.04 million as at 24/07/2026. The strategy size across all Allan Gray Australia Equity strategies was AUD 10.73 billion as at 30/06/2026, and the Allan Gray Australia Balanced Fund stood at AUD 414.87 million as at 30/06/2026.

Earlier Allan Gray Appointments

Allan Gray Australia appointed Matthew Roberts as Business Development Manager on 1 September, supporting financial advisers in New South Wales and South Australia, EIN Presswire reported. In October, EIN Presswire reported that Allan Gray's $2.6 billion Australian equities fund outperformed the market in a down year, with manager Suhas Nayak attributing it to his contrarian strategy of buying when others sell.