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

Grant Mathewson

Non-Executive Director


Grant is a founder of one of Australia successful consumer products companies, building the business from scratch to a successful sale to PE firm in 2014.

Today he spends his time focusing on developing new business lines and looks to opportunities where he can add value to a business through his commercial and product knowledge and is a long-term believer in the India growth story.
15 years of experience in wholesale and institutional funds management space