Board of Directors


Mugunthan Siva

Managing Director - India Avenue Investment Management


Mugunthan spent three years in India as CIO of a boutique asset management business. In this period Mugunthan set up a foreign access vehicle to allow global investors to access India’s equity markets. Mugunthan previously worked as Head of Portfolio Management for ANZ Wealth in Australia and has over 20 years of experience in portfolio construction, manager selection as well as credit and equity research at companies such as Macquarie Bank and Westpac. Mugunthan has also managed multi- asset, alternatives and global/emerging market share portfolios.

He has an MBA in Finance from the University of Technology, Sydney, Graduate Diploma in Investment & Finance from the Financial Services Institute of Australia and holds a Bachelor of Commerce (Finance) from the University of NSW, Sydney.
23 years of experience in Investment Management & Strategy in Australia & India

Aran Nagendra

Director Investments - India Avenue Investment Management


Aran has worked in the Australian investment and superannuation industry for over 10 years. His experience covers capital markets research, asset allocation, multi-asset portfolio management, quantitative analysis and investment manager research. Aran previously worked at MLC, one of Australia’s largest multi-asset funds and prior to this held roles at ING Investment Management and ANZ Wealth where he researched and assisted in the management of alternatives and global/emerging share market portfolios.

He is a CFA charterholder and holds a Bachelor of Commerce & Bachelor of Science majoring in Finance and Mathematics from the University of New South Wales, Australia.
9 years of experience in Investment Management & Research

Joshua Derrington

Non-Executive Director


Joshua holds a Bachelor of Economics (Finance) degree, a Graduate Diploma of Applied Finance, and a Masters of Applied Finance as well as Diploma in Financial Services. He is the Director of Keystone Private Wealth and the Head of Investments at Keystone Private; Queensland's leading multi family office managing the portfolios of domestic and international high net wealth families, the approach is tailored to the unique challenges of each family; their assets, aspirations and existing relationships.

Before joining Keystone, Josh was Head of Private Clients at the celebrated Dalton Nicol Reid where he oversaw the private client segment and was responsible for the Strategic Asset Allocation framework for the client base. He was previously a recognised advisor and banker with Macquarie, Goldman Sachs/JBWere and ANZ Private Bank.
12 years of experience in Private Clients & Family Office space

Harley Dalton

Non-Executive Director


Harley is the managing director at Altor Capital Pty Ltd, a specialist alternate asset management firm based in Brisbane, Australia. Altor Capital Pty Ltd seeks to leverage the groups skills and experience across VC, PE and real assets and provide quality assets and returns for its clients in the unlisted asset markets. Harley is actively involved in new business opportunities in both the wholesale and institutional funds management space, and is recognised as been instrumental to the development of the managed account space within the Australian Financial Services Industry.

Previously he was the founder of Dalton Nicol Reid Pty Ltd (DNR Capital Pty Ltd), an Australian Equities Manager where he was responsible for growing the firm from start up to circa $1 billion in FUM. As the former CEO he was responsible for executing the strategic direction and vision of the company.
15 years of experience in wholesale and institutional funds management space