Emilio Gonzalez

Non-Executive Director

Emilio Gonzalez joined DNR Capital in 2025 and was previously a Senior Executive with over 35 years extensive experience in financial services and a leader in the global investment management business. He has proven experience at the CEO level of a Top 100ASX listed firm with responsibility including strategy, finance, operations, distribution and acquisitions.

Emilio has strong skills in investment management and experience in managing people across different geographical jurisdictions, cultures and demonstrated capability in strategy. Emilio is a Chartered Financial Analyst (CFA) and was previously the Chair for the CFA Institute, a professional global membership organisation of investment professionals. Emilio has a Diploma in Applied Finance from the Securities Institute of Australia and a Bachelor of Commerce (Economics) from the University of Wollongong.

Sam Israel

Analyst

Sam joined DNR Capital in 2024. He is responsible for supporting the Portfolio Managers in the healthcare, industrial and gaming sectors, and secondary coverage of the resources sector.

Prior to joining DNR Capital, Sam started his career in corporate finance with Findex in Brisbane.

Sam has a Bachelor of Advanced Finance and Economics (Hons) from the University of Queensland.

Michael Lever

Analyst

Michael joined DNR Capital in 2024. He is responsible for supporting the Portfolio Managers in the financials (ex-property), fund managers and industrials sectors.

Prior to joining DNR Capital, Michael worked as a manager within the corporate valuations division of KPMG in Brisbane.

Michael has a Master of Finance from Griffith University and a Bachelor of Regional Town Planning from the University of Queensland. Michael passed the CFA Exam level 1 in 2022.

Brendan Mowry

Senior Investment Analyst

Brendan joined DNR Capital in 2024, he is responsible for coverage of the consumer, gaming and communication services sectors.

Brendan has eight years of investment experience, having begun his career on the sell-side with Hunter Green Institutional Broking before joining boutique funds manager Peak Investment Partners as an analyst in 2018 and Fidelity International in 2020, where he was responsible for coverage of the Australian consumer sector and smaller companies.

Brendan has a Bachelor of Commerce from the University of Queensland (majoring in Commerce) and is a CFA Charterholder.

Tom Covino

ESG Analyst

Tom joined DNR Capital in 2022. Tom provides support in the delivery of DNR Capital’s ESG strategy. He is also responsible for quantitative analysis, performance attribution analysis, data analytics and modelling.

Tom has a Bachelor of Music from Griffith University and Master’s of Music from Indiana University. He is also a CFA Institute Program participant and completed level 1 in 2024.

Nick Argyriou

Regional Manager – VIC, SA and WA

Nick has over 25 years of experience in the funds management industry and joined DNR Capital in 2016 as a Regional Manager for the southern region. He is responsible for managing client investment relationships in Victoria, South Australia and Western Australia.
Prior to joining DNR Capital Nick was a Senior Manager with BT Financial Group. He has previously held senior management positions with some of Australia’s leading financial services companies including NAB and MLC, where he managed business development teams distributing a wide range of investment strategies and asset classes.
Nick has completed a Diploma of Financial Planning, and a Diploma in Programming Technology.

Tom Glynn

Head of Wholesale Distribution

Tom has over 14 years of experience in the funds management industry and joined DNR Capital in 2009. He is responsible for managing the sales, marketing and client service functions for DNR Capital’s wholesale relationships.
Tom has extensive experience in the Australian financial services industry having worked in asset management, superannuation and financial planning.

Prior to joining DNR Capital, Tom was a Portfolio Analyst with MAP Funds Management, contributing to the investment team by conducting manager research and analysis and assisting with portfolio risk analytics.
Tom has completed a Bachelor of Business, Masters of Applied Finance, Advanced Management Program and a graduate member of the Australian Institute of Company Directors.

Rob Coates

Regional Manager – NSW, QLD and ACT

Rob has six years of experience in the funds management industry joining DNR Capital in 2019. He is the Regional Distribution Manager for the Northern Region, looking after New South Wales, Queensland, Australian Capital Territory and Northern Territory.
Prior to DNR Capital, Rob was a Business Development Manager at Pengana Capital distributing a wide range of investment strategies across multiple asset classes in NSW and QLD. He was also an Investment Consultant at Colonial First State assisting clients with investment, superannuation and pension solutions.
Rob has a Bachelor in Commerce – Marketing, and Masters in Finance from Macquarie University.

Mark Hancock

Consultant & Investment Committee Member

Mark has over 34 years’ experience in the securities and funds management industry. As Managing Director of Precept Investment Actuaries Pty Ltd, he sits on the DNR Capital investment committee, with specific expertise in banking, insurance and financial services sectors. His previous experience includes eight years as principal consultant with Loftus Capital Partners Limited and five years with NRMA as an investment manager.

Mark is a qualified actuary and has been a Fellow of the Institute of Actuaries of Australia since 1987. He has a Bachelor of Arts majoring in Actuarial Studies. Mark is a guest lecturer in Applied Finance at Macquarie University.

Tim Bingham

Portfolio Manager

Tim joined DNR Capital in 2018 and is Portfolio Manager for the Australian Equities Income Portfolio. Tim is also responsible for investment research of the property, energy, infrastructure and telco sectors. 

Prior to joining DNR Capital, Tim worked as an analyst in the financial services sector as part of Pharos Financial Group and Proactive Portfolios, having started his career in corporate finance with G James Australia. 

Tim has a Master of Applied Finance and a Bachelor of Commerce from the University of Queensland and is a CFA charter holder.

Scott Kelly

Investment Committee Member

Scott has over 23 years of investment experience, with previously held positions in equity research at Morgan Stanley and UBS in Sydney and at Macquarie Bank in Hong Kong. He was a highly ranked analyst across the more technical sectors of transport, infrastructure and utilities and head of Industrials research at Morgan Stanley. He commenced his career at PriceWaterhouseCoopers (formerly PriceWaterhouse), in audit.

More recently, Scott was the Portfolio Manager for the DNR Capital Australian Equities Income Portfolio before transitioning to a non-executive role on the DNR Capital Investment Committee.

Scott has a Bachelor of Commerce from the University of Queensland and is a Chartered Accountant with the Institute of Chartered Accountants of Australia and New Zealand, a CFA charter holder and a Graduate member of the Australian Institute of Company Directors.

Scott Bender

Portfolio Manager

Scott has over 28 years experience in the funds management industry and is Portfolio Manager for the Australian Equities High Conviction Portfolio and Fund and the Socially Responsible Portfolio. Scott is also responsible for investment research of the resources, healthcare, gaming, developers and industrials sectors.

Prior to joining DNR Capital in 2002, Scott worked as an analyst with Deutsche Bank in the UK. Scott has also held roles in Australia as an analyst and trading representative for institutions including JP Morgan and Macquarie. Scott has a Bachelor of Commerce from The University of Queensland, a Graduate Diploma in Applied Finance and Investment, and is a CFA charter holder.