{"url":"https://newsforagent.com/news/2026-11-04/allan-gray-tim-hillier-stable-fund","markdown_url":"https://newsforagent.com/news/2026-11-04/allan-gray-tim-hillier-stable-fund.md","title":"Allan Gray Promotes Tim Hillier to Stable Fund Co-Manager","headline":"Allan Gray Australia Names Tim Hillier Co-Portfolio Manager of Stable Fund","description":"Allan Gray Australia promoted Tim Hillier to co-portfolio manager of its Stable Fund, effective November 4, 2026, alongside Simon Mawhinney.","section":"Leadership","published_at":"2026-11-04T01:17:54+00:00","modified_at":"2026-11-04T01:17:54+00:00","author":"News Desk","key_takeaways":["Tim Hillier became co-portfolio manager of the Allan Gray Australia Stable Fund on November 4, 2026.","Hillier will manage the fund alongside Chief Investment Officer and Managing Director Simon Mawhinney.","The Stable Fund can now hold Australian Government bonds with up to 36 months to maturity, up from 12 months."],"companies":[{"name":"Allan Gray","is_primary":true,"profile_url":"https://akta.pro/company-profiles/000z1e7/allan-gray","website":"https://www.allangray.com.au"}],"source":{"publisher":"EIN Presswire","title":"Allan Gray promotes Tim Hillier to Co-Portfolio Manager","url":"https://www.einnews.com/pr_news/954303933/allan-gray-promotes-tim-hillier-to-co-portfolio-manager"},"other_sources":[],"tags":["Leadership","Allan Gray"],"body_markdown":"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](https://www.einnews.com/pr_news/954303933/allan-gray-promotes-tim-hillier-to-co-portfolio-manager) announced the promotion.\n\n## Hillier's Path From Analyst to Co-Manager\n\nHillier joined [Allan Gray](https://akta.pro/company-profiles/000z1e7/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.\n\nMawhinney 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.\"\n\nHillier 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.\"\n\n## Stable Fund's New Investment Parameters\n\nThe 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.\n\nIts 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.\n\n## Allan Gray's Fund Scale\n\nAccording to akta.pro [company records](https://akta.pro/company-data), 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.\n\n## Earlier Allan Gray Appointments\n\nAllan 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.\n","publisher":{"name":"News for Agent","url":"https://newsforagent.com"}}