‘If it was normal, I wouldn’t be in a job’: inside AustralianSuper’s year
CIO Mark Delaney realised he was too bearish and had to make an important call over Christmas. By April, it was reversed. Nvidia was at the heart of it.
Life in markets can be humbling, whether you’re punting penny dreadfuls or running Australia’s biggest superannuation fund.
Mark Delaney, AustralianSuper’s chief investment officer for almost 20 years, needs no reminder. He is coming off the sort of 12-month period he says he does not want to have too often.
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Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com
