Former Hyperion Portfolio Manager joins Elston

Justin Woerner
JUSTIN WOERNER
Elston Asset Management Pty Ltd - Portfolio Manager
DEPARTURE
HYPERION ASSET MANAGEMENT LIMITED
Date: November 2018
Position: Portfolio Manager
APPOINTMENT
ELSTON ASSET MANAGEMENT PTY LTD
Date: April 2019
Position: Portfolio Manager

Elston Asset Management, a specialist fund manager focused on Australian large companies and multi-asset SMA portfolios, has announced the appointment of Justin Woerner to the newly-created role of portfolio manager.

Woerner, who has 20 years' domestic and international financial markets experience, joins from Hyperion Asset Management where he spent a decade as portfolio manager and a further four years as an investment analyst.

Elston CEO Andrew McKie said of Woerner's experience: "Justin is highly respected in our industry. He was at Hyperion when it grew from a boutique firm to a A$6.5bn business. As an investment analyst, portfolio manager and shareholder at Hyperion he was instrumental in their success."

Of his new role with Elston, Woerner added: "The Elston investment philosophy, and their focus on positive outcomes for clients fits perfectly with my own values. I am impressed by Elston's achievements and motivated by their aspirations for 2020 and beyond."

A spokesperson for Hyperion said that, following Woerner's departure, the firm had hired "two high-quality analysts" as part of the firm's commitment to "maintaining a highly-performing, experienced investment team".