Matthew McLennan’s $14.5 billion position in gold bars and miners paid off handsomely for First Eagle this year. But he insists the precious metal still has room to run.
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Of all the Australians who have made a name for themselves on Wall Street, Matthew McLennan can surely lay claim to be among the most prominent.
Born in Papua New Guinea and raised in Queensland, McLennan landed in New York via Sydney and London and is now the co-head of First Eagle’s global value team, overseeing the asset manager’s $US62.3 billion ($94.7 billion) global fund.
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Original URL: https://www.afr.com/markets/equity-markets/a-golden-year-for-wall-street-s-australian-stock-picker-20250701-p5mbqu
