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Mark Aarons

Head of Asset Classes at Victorian Funds Management Corporation (VFMC)
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Email: ****s@vfmc.vic.gov.au
LinkedIn: Mark Aarons
Location: Greater Melbourne Area
Current employer:
Victorian Funds Management Corporation (VFMC)
Current title:
Head of Asset Classes
Last updated: 31/03/2026 19:55 PM
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About

Mark Aarons is from Greater Melbourne Area. Mark is currently Head of Asset Classes at Victorian Funds Management Corporation (VFMC), located in Melbourne, VIC. In Mark's previous role as a Adjunct Associate Professor at Monash Centre For Quantitative Finance And Investment Strategies, Mark worked in Clayton until Oct 2025. Prior to joining Monash Centre For Quantitative Finance And Investment Strategies, Mark was a Head of Investment Risk and Absolute Returns at Victorian Funds Management Corporation (VFMC) and held the position of Head of Investment Risk and Absolute Returns at Melbourne, Victoria, Australia. Prior to that, Mark was a Head of Portfolio Risk and Solutions at Victorian Funds Management Corporation (VFMC), based in Melbourne, Australia from Feb 2020 to Jun 2022. Mark started working as Head of Investment Risk at VFMC (Victorian Funds Management Corporation) in Melbourne, Australia in Apr 2018. From Oct 2017 to Sep 2018, Mark was Author at Author, based in Melbourne, Australia. Prior to that, Mark was a Head of FICC Structuring at National Australia Bank, based in Melbourne, Australia from May 2010 to Oct 2017. Mark started working as Senior Manager, Structured Risk at National Australia Bank in London, England, United Kingdom in Oct 2008.

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Mark Aarons's current jobs
Company: Victorian Funds Management Corporation (VFMC)
Title: Head of Asset Classes
Period: Oct 2024 - Present (1 year, 6 months)
Location: Melbourne, VIC

The Head of Asset Classes role oversees all six asset class teams at VFMC, namely: Equities, Fixed Income, Infrastructure, Hedge Funds, Private Credit and Property (comprising circa AUD 100 billion of FUM) and reports to the Chief Investment Officer. The role also involves substantial contributions to total portfolio management.

Mark Aarons's past jobs
Company: Monash Centre For Quantitative Finance And Investment Strategies
Title: Adjunct Associate Professor
Period: Oct 2017 - Oct 2025 (8 years)
Location: Clayton

Honourary position to propose & supervise industry-relevant research and advise on finance industry trends.

Company: Victorian Funds Management Corporation (VFMC)
Title: Head of Investment Risk and Absolute Returns
Period: Jul 2022 - Oct 2024 (2 years, 3 months)
Location: Melbourne, Victoria, Australia

Expanded role leading the Absolute Returns team in addition to the Portfolio Risk & Solutions team. The Absolute Returns team manages 20% of VFMC's FUM across Hedge Funds, Private Credit, Emerging Market Debt and Insurance-Linked Strategies. Member of the Investment Leadership Team.

Company: Victorian Funds Management Corporation (VFMC)
Title: Head of Portfolio Risk and Solutions
Period: Feb 2020 - Jun 2022 (2 years, 4 months)
Location: Melbourne, Australia

Expanded role within the Investments Team covering: Investment risk, defensive overlays, quantitative solutions (including factor hedging/tilting and alpha strategies); portfolio construction and client ALM.

Company: VFMC (Victorian Funds Management Corporation)
Title: Head of Investment Risk
Period: Apr 2018 - Jan 2020 (1 year, 9 months)
Location: Melbourne, Australia
Company: Author
Title: Author
Period: Oct 2017 - Sep 2018 (11 months)
Location: Melbourne, Australia

Conceived and co-authored "Securitisation Swaps: A Practitioner's Handbook". Published by Wiley Finance in 2019.

Title: Head of FICC Structuring
Period: May 2010 - Oct 2017 (7 years, 5 months)
Location: Melbourne, Australia

The FICC Structuring team was responsible for tailoring derivative and investment solutions to meet the bespoke requirements of institutional clients. Operated across asset classes and had 12 talented staff across London, Melbourne and Sydney.

Title: Senior Manager, Structured Risk
Period: Oct 2008 - Apr 2010 (1 year, 6 months)
Location: London, England, United Kingdom

Member of the structured rates trading desk.

Title: Head of Model Validation
Period: Oct 2007 - Sep 2008 (11 months)
Location: London, England, United Kingdom
Title: Quantitative Analyst
Period: Aug 2004 - Sep 2007 (3 years, 1 month)
Location: Melbourne, Australia
Mark Aarons's education
Wesley College
1986 - 1993
Max Planck Institute for Gravitational Physics & The Free University Berlin
PhD
2002 - 2004
Monash University
LLB (Hons), BSc (Hons), MSc
1994 - 2001
Mark Aarons's top skills
Counterparty Risk Capital Markets Derivatives Fund Derivatives Credit Risk Trading Operational Risk Quantitative Analytics Options Fixed Income Structured Finance Credit Swaps VAR Bonds Market Risk Equity Derivatives Financial Structuring Risk Management Interest Rate Derivatives
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