What Hyperion Asset Management does

Hyperion Asset Management Limited is a Sydney-headquartered, Australian equities and global equities fund manager established in 1996. The firm manages over $12 billion in funds under management as at 31 March 2026 through a concentrated, research-driven process that typically holds 15-30 stocks per portfolio and uses a proprietary portfolio management system to set stock weights based on risk-adjusted long-term forecast returns. Its product shelf comprises five active vehicles: the ASX-listed Hyperion Global Growth Companies Fund (Active ETF, ticker HYGG), the Hyperion Australian Growth Companies Fund, the Hyperion Small Growth Companies Fund, and New Zealand PIE Fund variants of the global and Australian strategies.

Hyperion serves three primary customer segments — individual wholesale investors, financial advisers, and institutional/professional investors — distributed across Australia, New Zealand, the United Kingdom, Canada, and Europe. Distribution occurs through two channels: direct unit registry investment with a $20,000 minimum (or NZ$20,000 for the PIE Fund), and ASX exchange trading of HYGG with no minimum, supported by Pinnacle Fund Services Limited as product issuer and Pinnacle Investment Management Group Limited as the parent affiliate that provides administration, distribution infrastructure, and FCA-regulated EMEA access.

The firm monetises exclusively through recurring management fees on its five funds, with revenue driven by FUM levels and blended fee rates. Long-term investment performance has been a key commercial asset: the Global Growth Companies Fund delivered 24.1% p.a. (net of fees) since inception in June 2014 with 9.1% p.a. of excess return versus benchmark, 21.12% p.a. over five years to January 2020 versus a 12.99% benchmark, and 46% in 2020 versus a 5.7% benchmark. This track record has translated into repeated industry recognition, including Morningstar Overall Fund Manager of the Year (Australia) in 2019/2020/2021/2024/2025, Money Management Fund Manager of the Year (2021), and the Lonsec 2022 Active Equity Fund award.

Name

Hyperion Asset Management

Legal name

Hyperion Asset Management Limited

Website

https://hyperion.com.au

Company type

Private

Founded year

1996

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Product category

Active Equity Fund Management

NAICS

Portfolio Management and Investment Advice (523940), Open-End Investment Funds (525910)

SIC

Investment Advice (6282)

akta.pro primary industry

Style Equity — Growth (Active) (FSAAAIAI)

akta.pro secondary industries

Large-Cap Equity (Active) (FSAAAIAA), Small-Cap Equity (Active) (FSAAAIAC), Global Equity (Active) (FSAAAIAD)

Keywords

• Equities fund management
• Active ETF management
• Global growth investing
• Australian equities funds
• Separately managed accounts

Headquarters

HQ city

Brisbane

HQ country

Australia

HQ region

Oceania

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Fund Management Fees: Manages three equity funds with management fees charged to investors. Funds include Hyperion Australian Growth Companies Fund, Hyperion Global Growth Companies Fund (Managed Fund), and Hyperion Small Growth Companies Fund.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

Hyperion Asset Management is an Australian fund manager that offers actively managed equities portfolios across Australian and global markets. The firm runs three core strategies (Global Growth Companies, Australian Growth Companies, and Small Growth Companies) accessible via managed funds, NZ-domiciled PIE Funds, and an ASX-listed Active ETF (HYGG), investing in concentrated portfolios of 15-30 high-quality businesses with sustainable competitive advantages.

Product overview

Hyperion Asset Management is an Australian equities fund manager offering five investment products: four actively managed funds (Hyperion Global Growth Companies Fund – Active ETF listed on ASX, Hyperion Australian Growth Companies Fund, Hyperion Small Growth Companies Fund, and their respective New Zealand PIE Fund variants). All funds share a common investment philosophy focused on long-term capital growth through investing in high-quality businesses with sustainable competitive advantages, typically holding 15-30 stocks per portfolio.

Differentiator

Problem solved

Functional benefit

Products and services

• Hyperion Global Growth Companies Fund – Active ETF An ASX-listed active ETF investing in high calibre companies listed on recognised global stock exchanges, aiming to achieve returns exceeding the MSCI World Accumulation Index (AUD) over 5+ years through a concentrated portfolio of typically 15-30 stocks. Accessible to investors via the ASX exchange with no minimum investment.
• Hyperion Global Growth Companies PIE Fund
• Hyperion Australian Growth Companies Fund A fund investing in high calibre Australian companies primarily listed within the S&P/ASX 300 Index, aiming to achieve returns exceeding the S&P/ASX 300 Accumulation Index over 5+ years with long-term capital growth.
• Hyperion Australian Growth Companies PIE Fund A New Zealand domiciled version of the Australian Growth Companies Fund, investing in high calibre Australian companies listed within the S&P/ASX 300 Index for long-term capital growth, with minimum investment NZ$20,000.
• Hyperion Small Growth Companies Fund A fund investing in high calibre Australian small-cap companies listed outside the top 100 on the ASX at time of initial investment, targeting returns exceeding the S&P/ASX Small Ordinaries Accumulation Index over 5+ years.

Quantifiable outcome

• 21.12% p.a. return for 5 years to 31 January 2020 (net of fees) vs 12.99% p.a. benchmark
• +3 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Two partnerships are on record, tiered minor and major.

• Bell Potter SecuritiesminorGTM or Marketing Partner · 17 May 2021Hyperion's Mark Arnold and Jason Orthman spoke at Bell Potter's VOICES 2021 conference, a virtual conference connecting investors with leading voices in investment management.
• ASX (Australian Securities Exchange)majorChannel Partner/ Reseller/ DistributorASX lists the Hyperion Global Growth Companies Fund (Managed Fund) under ticker HYGG as an Active ETF, enabling retail and institutional investors to access the fund through the exchange with no minimum investment requirement.

Scale indicators7 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Antipodes Partners: Sydney-based Australian active global equities boutique with concentrated portfolios and long-duration investment horizon; directly comparable on strategy construction, distribution model, and AUM scale.
• WCM Investment Management: US-based active global growth equities boutique known for concentrated, quality-growth portfolios; directly comparable on investment philosophy, portfolio construction, and target institutional/wholesale clients.
• Baillie Gifford: Scottish boutique active manager specializing in long-term global growth equities with concentrated, high-conviction portfolios; the closest international analogue to Hyperion's Global Growth Companies philosophy and process.
• Cooper Investors: Melbourne-based Australian boutique active global equities manager employing a concentrated, long-term approach; closely mirrors Hyperion's portfolio size, philosophy, and wholesale client orientation.
• Platinum Asset Management: ASX-listed Australian boutique active manager focused on global equities; comparable AUM scale ($15-25B range historically), concentrated portfolios, and similar wholesale/institutional distribution via Pinnacle-affiliated and direct channels.
• Magellan Financial Group: ASX-listed Australian active equities manager running global and Australian strategies with a concentrated, fundamentals-driven approach; directly overlaps Hyperion's investor base, distribution channels, and benchmark-relative style.
• Investors Mutual: Australian active equities boutique running Australian and Global strategies with a long-term, fundamentals-led process; directly comparable in mandate construction, target investor segment, and boutique-scale operations.

Emerging players

• Australian Ethical Investment: Australian asset manager applying ESG/sustainability screens across Australian and global equities; overlapping with Hyperion on lower-carbon, sustainability-aware positioning but operating a different screening-led model.

Broad incumbents

• Perpetual Limited: Large ASX-listed Australian wealth and asset manager with multi-affiliate active strategies spanning Australian and global equities; broad incumbent overlapping in distribution and target segments but operating across a far wider product set.

Others

• Pinnacle Investment Management: ASX-listed multi-affiliate distribution platform and Hyperion's parent/affiliate; relevant peer not as a competitor but as the entity that provides fund administration, distribution, and regulatory infrastructure for Hyperion's products.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/HyperionAM

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Hyperion Asset Management