Kerr Neilson
From Wikipedia, the free encyclopedia
Kerr Neilson is a successful Australian funds manager.
Born in South Africa, Neilson began his career in stockbroking in London. He moved back to South Africa with Banker's Trust, before arriving in Australia in 1984. In 1994 Neilson founded the Platinum Asset Management fund of which today he is the Portfolio manager and chief investment officer.[1] Platinum Asset Management specialises in international equities and manages around A$22 billion.[2] Platinum Asset Management floated on the Australian Stock Exchange in 2007. Neilson's personal wealth is estimated by The Australian Financial Review at $3.5 billion making him one of Australia's richest men.
Neilson is often referred to as "Australia's answer to Warren Buffett" for his ability to consistently select high-performing stocks for his funds management business.[3] Neilson typically avoids 'fashionable stocks', instead investing in "good companies, relatively cheaply, over the long term".[4]
[edit] References
- ^ Rating the stat pack (07/26/2003). Retrieved on 2007-09-19.
- ^ Understated billionaire walks the talk (05/26/2007). Retrieved on 2007-09-19.
- ^ Stock picker's $3b float Courier Mail
- ^ Kerr Neilson, Australia's newest billionaire, avoids 'fashion' stocks Bloomberg News
