“We manage multi-asset portfolios… strategic asset allocation of 30% currency hedged… based on a view that the Australian dollar is probably about fair value”
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Said on Equity Mates Investing Podcast
The Quinn Files · Exclusive 2015 Recordings, Broken Trust & The Fight for the Quinn Group | The Quinn Files EP6
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Organised a meeting of about 20 senior managers with the three trustees to reassure staff and managers about the plan to return assets to the Quinn family
20 managers
“We manage multi-asset portfolios… strategic asset allocation of 30% currency hedged… based on a view that the Australian dollar is probably about fair value”
“I managed to log onto my family computer, email the receptionist and set up a meeting … make up excuses why my parents couldn't get on the phone and managed to get all the application letters emailed home.”
“He explained that becoming a minority or passive owner in an asset management firm, a GP, has three distinct benefits… management fee typically around 2% per year… firm typically gets 20% of the profits.”
“QBRC stands for Quinn Business Retention Company... the goal was to retain and manage the companies with a view to getting them back to the Quinn's”
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