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

Foreign Takeover of Aussie Banks

Christopher Joye

Coolabah Capital

In The AFR I review ANZ's decision to belatedly pull-back from Asia (I've been calling for this since 2009); offer hard-hitting new CEO Shayne Elliott gratis advice to ape Macquarie's decision-making and remuneration models; highlight---tongue-in-cheek---the fact that contrary to the popular myth of Aussie banking exceptionalism, 7 of the last 8 major bank CEOs were foreigners; and speculate that perhaps financial markets are getting an overdue bout of China fatigue (Aussie and global equities were smashed 6% to 8% in January on the back of the ~25% draw-down in the Shanghai Composite Index and the plummeting oil price). Read for free here via Twitter (VIEW LINK)

1 stock mentioned

Christopher Joye
Portfolio Manager & Chief Investment Officer
Coolabah Capital

Chris co-founded Coolabah in 2011, which today runs $7 billion with a team of 33 executives focussed on generating credit alpha from mispricings across fixed-income markets. In 2019, Chris was selected as one of FE fundinfo’s Top 10 “Alpha...

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.