Vanguard veteran Michael Lovett joins Bell Asset Management as CEO

Following a year-long career break, Michael Lovett has been named CEO of Bell Asset Management.

After more than a decade at Vanguard Australia, Lovett will be leading the asset management firm in Melbourne, Australia.

Announcing the move on social media, Lovett said: “I’m happy to share that I’m starting a new position as Chief Executive Officer at Bell Asset Management! Had a fantastic break but ready to get back into it with a fantastic company. Look forward to reconnecting with everyone.”

Lovett began his Vanguard journey in 2011 as head of intermediary distribution, before becoming head of distribution at the firm in 2013, responsible for the institutional, adviser and retail direct markets. In 2017 he moved to Philadelphia, USA to lead Vanguard’s registered investment advisor (RIA) business in the States as part of the broader Financial Advisory Services (FAS) business. 

In 2020, Lovett moved back to Australia to lead the superannuation business at Vanguard, leaving the firm in early 2023.

Lovett has also had stints at HSBC Asset Management as head of distribution, and at Challenger Financial Services Group in Melbourne, where he helped develop the Boutique Partnership (now Fidante) strategy at Challenger from concept to execution.

©Markets Media Europe 2024

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