Andrew Clifford. chief investment officer Platinum Asset Management
Succession planning is a challenge for any business, but the stakes are higher when you're managing almost $30 billion in assets. As legendary investor Kerr Neilson steps down as CEO of Platinum Asset Management, we sat down in an exclusive interview with fellow co-founder and new CEO, Andrew Clifford, and talked about how one of Australia's largest asset management firms handles succession.
Andrew Clifford /
Andrew joined Platinum Asset Management as a founding member in 1994 in the capacity of director and Deputy Chief Investment Officer. Previously he was a Vice President of Bankers Trust Australia covering Asian equities and managing the BT Select Market Trust - Pacific Basin Fund. In May 2013, Andrew was appointed Chief Investment Officer. Andrew was manager for the Platinum Asia Fund from inception of the Fund in 2003 until December 2014 and is co-manager of the Platinum International Fund.
Inside Platinum's textbook succession plan
Succession planning is a challenge for any business, but the stakes are higher when you're managing almost $30 billion in assets. As legendary investor Kerr Neilson steps down as CEO of Platinum Asset Management, we sat down in an exclusive interview with fellow co-founder and new CEO, Andrew Clifford, and talked about how one of Australia's largest asset management firms handles succession.
01.Test yourself /
The economic weight of the world is shifting. 10 years ago, emerging markets made up about 30% of the world’s GDP, now it’s almost half. UBS Asset Management’s Geoffrey Wong makes the case for emerging market opportunities for growth investors.
Despite living in an age where we’re absolutely deluged with information, it’s becoming increasingly difficult to separate the signal from the noise. This is especially true in investing, where markets can be influenced by something so small as an errant Tweet. In this Market Update series, Platinum CEO Andrew Clifford explores where the true opportunities are hiding.
A life-threatening accident revealed a disease that would last him the rest of his days, and Craig found himself unable to continue work as a surgeon in Australia, let alone overseas for our armed forces. The latest in our Insurance Masters series is a story of renewed purpose and highlights the role financial advice plays in changing lives.
Recognising the common practices of the ‘Big Four’ banks, and Australians’ fascination with real estate and minerals, the BlackRock Concentrated Industrial Share Fund aims to provide an extensive portfolio for the average Australian retail investor to help diversify their investments.
A herniated disc sounds agonising enough. But add to that the fact that you’re a brand-new parent, and you’re in whole new world of pain. This was the reality for Andrew and his family when he got injured at work. With wife Hayley on maternity leave and Andrew out of work (and a long medical journey ahead of him), just keeping up with the mortgage wouldn’t have been possible if it hadn’t been for the insurance cover they’d had the foresight to take out.
As an asset class, fixed income is often overlooked in favour of newer and more dynamic investment strategies, however, at a time when we’re expecting to feel the result of quantitative tightening around the globe, and volatility and uncertainty are returning to markets, perhaps predictability and stability of returns are just what’s needed. In this Market Update, Anne Anderson of UBS Asset Management makes a case for fixed income, how it’s being used by younger investors to realise their goals, and why it’s needed now more than ever.
The MFS Global Equity Trust uses a unique management style with the aim to outperform the MSCI World Index and present growth at reasonable prices. The trust's truly long-term investment horizon and the investment analysts it has positioned globally result in a unique strategy which attracts long-term investors seeking lower volatility over a market cycle.
Rising stock prices may entice investors, but Platinum Asset Management believes the price must match the opportunity. In this series, Douglas Isles, investment specialist (retail) for Platinum Asset Management, explains how the group exploits change, fear and excitement in order to secure long-term growth for clients.
Investors have benefited from strong returns in Australian equities for years, but can they still justify heavy domestic investment with a population of just 24 million? Bryce Doherty of UBS Asset Management examines changes across the globe, the rising economic strength of China and the evolution of the Australian advice industry, to analyse where future opportunities lie.
Value investing relies on a fund manager’s ability to uncover under-priced assets where others don’t look, or perhaps can’t see them. But in an increasingly complicated global environment, what impact is this having on the way alpha is assessed and managed? In this Thought Leaders video series, Will Low, head of global equities at Nikko Asset Management explores two of the biggest influencing factors to investment management at present, and discusses what this means for the future of investing.
Innovation is all around us and its effects are pervasive. In this Market Update series, Chris Rands from Nikko Asset Management discusses the impact of innovation now and in the future, how it’s affecting fixed income and inflation, and why we need to rethink sources of income and returns with regards to this.
With a multitude of ETFs on offer, it can be difficult to know which might suit your needs best and to really understand ‘what’s under the hood’. iShares’ due diligence checklist can help you to understand ETF construction, costs and potential outcomes for your portfolio.
The investment team that manages the Franklin Templeton Multisector Bond Fund believes one of the biggest risks facing today’s bond investors is that fixed income around the world has been highly distorted by central bank actions.
Stability of income is key in today’s lower for longer environment, and could be combated by a contrarian investment approach which takes opportunistic leaps into particular equities. This strategy enables Allan Gray to minimise volatility traditionally associated with equities by going stronger during market troughs and pulling back during peaks to address your clients’ income needs.
If there’s one word that isn’t encountered often in the investment world, it’s simplicity. This rarity however, is what the RARE Infrastructure Income Fund finds most appealing about the infrastructure market and looks to it for stability, income and as an essential service to the community.
The success of the likes of Uber and Airbnb highlight how the biggest companies of today aren’t necessarily the ones with a 10 or 20 year track records, but those which can best identify and fill a gap in our current marketplace.
The Perpetual Diversified Real Return Fund is designed to target a level of return while minimising risk, through utilising a multi-asset approach, which can be beneficial to both accumulators and investors who are winding down into retirement.
The Nikko AM Australian Share Income Fund employs a comparative value analysis approach to investing, which enables it to identify and invest in stocks which hold intrinsic value. In this Money Masters course with Malcolm Whitten, you will learn about the dual portfolio manager system utilised by Nikko Asset Management, how this is beneficial to the Nikko AM Australian Share Income fund and the buy and sell discipline which underpins the fund.
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