Wheelhouse Partners appoints head of distribution

Oksana Patron

30 September 2022

Income manager, Wheelhouse Partners has announced the appointment of Wayne McGauley as head of distribution.

In his new role, McGauley would be responsible for driving the growth of Wheelhouse’s Global and Australian Equity capabilities, with a focus on key accounts, research relationships, asset consultants, independent financial advisors and private wealth.

McGauley brings 25 years’ experience in distribution, most recently at Investors Mutual Limited (IML) where he served as head of retail for 13 years and was responsible for setting and executing the IML Retail Strategy.

“Wayne’s appointment is a significant milestone in Wheelhouse’s journey as a truly independent asset manager,” Alastair Macleod, Wheelhouse managing director and portfolio manager, commented on his appointment.

“Since launching our first global income fund five years ago, we’ve affirmed our lower risk and income generative approach and are excited to be building a dedicated distribution capability with Wayne’s direction and support.

“He brings tremendous wealth experience, knowledge and investor understanding, and we’re thrilled to be working with him as we continue to grow and expand.”

McGauley would be based in Brisbane and would commence his role 1 October, 2022.