Livewire has acquired Market Index, the country’s leader in free stock market data.
Find out why.

Catherine Allfrey: Look over the horizon

James Marlay

Livewire Markets

In Australia we’re fortunate to have some very talented women in funds management. Catherine Allfrey is one of them. After a chance encounter at a Wesfarmers event in the late 90s, Catherine was recruited to Colonial First State by Greg Perry – a true ‘Master of the Market’.

This time working with Perry helped to shape her investment philosophy, which seeks to identify those companies that can grow their earnings at a rate higher than GDP. Catherine formed Wavestone Capital in 2006 with her business partners Ian Harding and Graeme Burke with Raaz Bhuyan joining 2014. Today Wavestone manages ~$4.8 billion for institutions and retail clients. 

In this video, Catherine discusses the attributes of companies with superior DNA, shares her view on sectors experiencing tailwinds and explains how she is working to bring more women to investing in Australia.

Key Points

  • Bringing more women to funds management in Australia
  • The concept of GDP plus and learning from one of the true Market Masters
  • The concept of superior corporate DNA and some of the attributes that set the best companies apart from the rest
  • Why Macquarie group has superior DNA and Catherine’s impressions of the recently announced capital raising
  • Sectors that are experiencing tailwinds in the Australian market
  • The investment lessons that Catherine will pass on to her three children 
“We’ve seen quite a few examples where stocks have been priced as they’re growth stocks and then they’ve reminded everyone that actually they’re cyclicals.” 

An extended, audio-only version of this podcast is available here.

Transcript to come shortly....

More information

Hit the 'follow' button in my profile to stay up to date with my latest interviews. For more information about Wavestone Capital please send your enquiry via the 'contact' button below.

1 contributor mentioned

James Marlay
Co Founder
Livewire Markets

Livewire is Australia’s #1 website for expert investment analysis. We work with leading investment professionals to deliver curated content that helps investors make confident and informed decisions. Safe investing and thanks for reading Livewire.


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.