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Mark Di Stefano

Perpetual agitator Rodney Forrest drips with false modesty

Hot Rod’s weird bid for a seat on Perpetual’s board follows a banner first year for his one-person family office.

Mark Di StefanoColumnist
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On Monday, Sublime Funds Management’s Rodney Forrest embraced the true spirit of EOFY-disclosure, informing his online followers about his “+34.4 per cent return” for the financial year.

It wasn’t so much how he did it – a large levered bet on USD and Yen futures, plus 32 stocks like Australian Unity Office and Soul Patts – but his weird attempt to hose it down.

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Mark Di Stefano is Rear Window columnist, based in the Sydney newsroom. He previously worked at BuzzFeed, the Financial Times and The Information before joining the Financial Review as a media and tech correspondent. Connect with Mark on Twitter. Email Mark at mark.distefano@afr.com
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    Original URL: https://www.afr.com/rear-window/perpetual-agitator-rodney-forrest-drips-with-false-modesty-20240702-p5jqhv