Yogi, soccer fan and veteran stockpicker Andrew Brown has just launched a fund that mainly invests in companies that are backed by some of the world’s richest families. Brown is no trust fund baby, though. He grew up in Britain’s Scunthorpe, before landing in Sydney in 1987 as a bank analyst at Baring Securities as part of a 39-year investment career.
“I wasn’t the number one bank analyst at Baring back then, though,” Brown admits from his offices in Sydney’s Martin Place. “That was Craig Drummond, the erstwhile chief financial officer at National Australia Bank, chief executive at Medibank, and chair at Geelong football club.”
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Tom Richardson writes and comments on markets including equities, debt, crypto, software, banking, payments, and regulation. He worked in asset management at Bank of New York Mellon and is a member of the CFA Society of the UK as a holder of the Investment Management Certificate. Connect with Tom on Twitter. Email Tom at tom.richardson@afr.com
