Matthew McLennan runs $US80 billion of global equities, cash and gold at First Eagle Investment Management a privately owned fund manager based in New York

Livewire News

Livewire

Matthew McLennan runs $US80 billion of global equities, cash and gold at First Eagle Investment Management a privately owned fund manager based in New York. George Soros started his career at First Eagle where he worked from 1963 to 1973 and McLennan is arguably Australia's largest funds management export. He believes the outlook for the Australian economy could be challenging with currency instability in some of Australia's largest neighbours, like Indonesia, Japan and India, combined with our own exchange rate volatility presenting a potentially difficult period ahead. He also believes that if the private sector is in balance-sheet repair mode at a time when the government goes into a period of fiscal restraint, this could give Australia a fairly soft underlying pulse. McLennan discusses why he has avoided Australian banks, his view on the housing market and his view on current approaches to monetary policy. (VIEW LINK)


Livewire News
Livewire News
Livewire

Livewire News brings you a wide range of financial insights with a focus on Global Macro, Fixed Income, Currencies and Commodities.

Expertise

No areas of expertise

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

Comments

Sign In or Join Free to comment