OneVue’s growth momentum continues with the appointment of Chris Aylen into the newly-created role of Head of Fund Services Operations.
Based in OneVue’s Melbourne office, Chris Aylen joins Fund Services in early August. He will lead the 65-strong Fund Services operations team through its next phase of growth.
As a senior finance professional with extensive leadership experience, he joins OneVue after five years at Vanguard Investments, where he was the Head of Fund Accounting & Administration.
With 30 years of sector experience and a deep understanding of Unit Registry, Fund Accounting, Unit Pricing and global Custodian operations, he also worked at Vanguard Asia-Pacific as the Client Relationship Manager for JP Morgan managed funds and ETF products, and for State Street (Hong Kong domiciled) ETF products.
Previous roles include those of Chief Financial Officer at both Lachlan Partners and the Victorian Transport Accident Commission.
OneVue Head of Fund Services, Richard Harris-Smith, said: “I am delighted that Chris is joining OneVue’s Fund Services business. He brings a wealth of knowledge and experience that will complement not only operations but the business broadly and his appointment corresponds with our increasing transition pipeline. Most importantly, his attitude to clients, colleagues and stakeholders resonates well with OneVue, where cultural fit is so important.”
OneVue Managing Director Connie Mckeage added: “Chris’s appointment further frees Richard to concentrate his efforts on clients, services and strategy for the Fund Services business. With an ever-increasing client base, it is important to focus on not only maintaining but also increasing the high levels of service for which we have become recognised.”
Fast-growing OneVue now offers Australia’s largest outsourced unit registry business for managed funds.
For the June quarter, Fund Services transactions are up 120% year-on-year, with a further $3.1 million per year of contracted revenues in transitions scheduled over the next 18 months.
Fund Services’ funds under administration grew by $7.7 billion in the quarter and now administer more than 400 funds, representing over $420 billion in assets.