Planning for success
Does being a good long-term investor also make someone a good long-term business manager? Platinum Asset Management’s shareholders, staff and clients are about to find out.
Does being a good long-term investor also make someone a good long-term business manager? Platinum Asset Management’s shareholders, staff and clients are about to find out.
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.
This month’s royal commission hearings could provide a clear demonstration of why new advice laws benefit practitioners as much as they benefit consumers.
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