Our Team

Mr Dermot Woods 

Is an Executive Director of the Manager and is responsible for sourcing, analysing and implementing investment ideas.  He is a member of the Manager’s Investment Committee.

Mr Woods has over fifteen years of investment experience in international equity markets as an equity analyst and a portfolio manager. Prior to joining Westoz Funds Management, Mr Woods was an industrial equity analyst with Euroz Securities. Prior to joining Euroz, Mr Woods was an institutional stockbroker for Merrion Capital in Dublin. Mr Woods commenced his investment career with HSBC Asset Management in London where he specialised in European equities.

Mr Woods holds a Bachelor of Commerce Degree in Accounting and Business from Edinburgh University and has completed the Chartered Financial Analyst (CFA) program and been awarded the CFA designation.

Mr Philip Rees

Mr Rees is a Non Executive Director of the Manager and sits on its Investment Committee.

Mr Rees has worked in a range of roles focussed on Australian investment markets since 1987.  He was the Director of Investments with the Government Employees Superannuation Board in Western Australia for a 6 year period to September 2000.  During this period, he oversaw a major restructuring of that entity’s investment portfolio and directly managed funds in Australian equity and fixed interest markets.

Prior to this period, Mr Rees was involved in the management of an Australian equity portfolio with Suncorp and in the analysis of equities for a stockbroker focussed on servicing the Australian institutional market.

Mr Rees has also been involved as Chief Investment Officer of a listed pooled development fund and has managed a number of successful venture capital investments.

Mr Rees has a Bachelor of Commerce Degree and is a Chartered Financial Analyst.  He is also a Senior Fellow of  FINSIA, a Certified Practicing Accountant and a Fellow of the Chartered Institute of Secretaries.

Mr Jay Hughes 

Mr Hughes commenced as a Non Executive Director of the Manager in May 2005.

Between 1986 and 2000, Mr Jay Hughes was employed by a Perth stockbroker that was part of a national and international group at the time.  From 1994 he acted in the capacity of an Executive Director and before this as an Associate Director.

From 2000 until the present date, Mr Hughes has worked for Euroz Securities Limited and Euroz Limited and also acts in the capacity of Executive Director and Responsible Officer of both companies.  During this time, Mr Hughes has been involved in the institutional sales department of the stockbroking business dealing predominantly with offshore funds.  He is also heavily involved in many facets of the management and supervision of both companies.

Mr Hughes is also Non – Executive Chairman of Westoz Investment Company Limited and Ozgrowth Limited.

Mr Hughes holds a Graduate Diploma in Applied Finance and Investment from the Securities Institute of Australia.  He was recognised as an affiliate of ASX in December 2000 and was admitted in May 2004 as a Practitioner Member (Master Stockbroking) of the Stock Brokers and Financial Advisors Association.

Mr Hughes is also a member of the Manager’s Investment Committee.

Mr Jaime Underdown

Mr Underdown commenced with the  Manager in July 2018 as Chief Operating Officer  and is responsible for company operations and reporting.

Before joining Westoz, Jaime was Head of Investor Relations at Platinum Mortgage Securities where he was responsible for managing the relationship and communications with members, financial intermediaries and family offices. Jaime has previously spent 7 years in London working for several large asset managers. During this time, Jaime worked as an Operations Manager at an emerging market hedge fund that invested in Russian, Eastern European and African securities. Jaime has also worked as a Fund Performance Analyst at Legal and General Investment Management – one of the world’s largest insurance and investment management companies.

Jaime holds a Bachelor of Commerce from the University of Western Australia, a Diploma in Financial Planning and has passed Level II of the Chartered Financial Analyst certification.