Home > Enhancing wealth > Investment > A useful guide
Since 1934, the Myer Family Company and its predecessors have been managing the Myer family’s investments and, in recent years, it has extended its services to other clients. There is plenty to be drawn from the experience of serving the five generations of the firm’s founders.
Similar but different
The enduring structure of the Myer family’s investments promotes family cohesion without constraining individuality.
Longer term perspective
Seeing through the day-to-day ’noise’ which dominates asset markets enables the identification of multi-year themes.
Objectivity
The family has had the freedom to complement in-house expertise with the ability to back good investment ideas through the judicious use of external managers who are better placed to invest in specialist areas.
Strong relationships
Inclined to keep portfolio turnover low where practical and respectful of solid investment management processes, the family is measured in removing managers suffering short-term under-performance without a compelling long-term reason.
The principles adopted by the Myer family may provide a useful basis of comparison for evaluating your own investment strategy and decisions. The principles are best appreciated by those seeking to establish an intergenerational or perpetual framework for their investments.
MELBOURNE
Michael Smolders
Head of Family Office
& Wealth Services - Melbourne
Telephone: 61 3 9207 3000
SYDNEY
Jason Swan
Senior Client Adviser - Sydney
Telephone: 61 2 9224 7600
PERTH
Julian Butler
Head of Family Office
& Wealth Services - Perth
Telephone: 61 8 9230 7700