Infinitas Asset Management Limited is a specialist manager of Individually Managed Portfolios and provider of Investment Advisory Services for a select group of investors.
Our business - like our approach – is vibrant and new. But Infinitas Asset Management Limited is managed and operated by investment professionals with extensive experience and expertise.
Our success will be gauged by:
- achieving high and consistent investment returns. investment excellence - for our clients;
- maintaining a culture that is respectful of the environment in which the business operates and which is recognised for impeccable ethical standards;
- attracting and retaining high quality staff who are inspired to achieve ongoing success; and
- achieving renown amongst clients as an excellent custodian of their wealth.
Our Investment Approach
We believe that great businesses make good investments when bought at a fair price. We believe that poor businesses tend to make poor investments at any price.
We believe that portfolios should be sufficiently diversified to protect capital from the unexpected or rare event while being sufficiently concentrated to enable an attractive reward for intelligent and considered risk-taking.
We have a bias towards absolute performance (rather than relative performance) investing – losing less money than someone else during periods of downturn is little consolation.
We prefer to buy stocks that can be held for the long term.
We believe that it is just common sense. But then, common sense isn’t all that common.
Our directors
Steve Macdonald - Bachelor of Economics, Master of Applied Finance
investment director
Steve has over 20 years of experience in the financial and investment markets. His experience includes investment portfolio construction and management for one of Australia’s largest funds management companies (BT Financial Group) where he was a Senior Portfolio Manager and had responsibility for over $A600 million. Steve was a stockbroker and dealer in the financial markets for Macquarie Bank and Macquarie Equities during his 8+ years there. He was involved in the establishment of Macquarie’s agricultural commodities trading desk and provided consulting services to a major corporation in respect of agricultural commodities derivatives. Steve has worked as a financial planner and investment advisor at Westpac’s Private Bank and Grange Securities Limited (now Lehman Brothers Australia) respectively – providing wealth management advice to high net worth investors. In the late 1980’s Steve was Compliance Manager at Dominguez Barry Samuel Montagu Limited & Midland Montagu Australia Limited (now UBS). Steve trained and worked initially as an accountant.
Bryce Reynolds – Bachelor of Commerce
Bryce has over 20 years of experience in the financial services industry with varied and extensive knowledge from funds management, equity trading, stockbroking, equity capital markets, corporate advisory and management positions. Bryce began his career in 1986 as a Fund Manager at Prudential Assurance Ltd. After leaving Prudential Assurance in 1993 he had a short stint in stockbroking at Prudential Bache Ltd. From 1994 to 1997 Bryce was a proprietary trader for Macquarie Bank Ltd in their Equities Division. In 1997 he joined Taylor Collison Ltd and assisted in establishing their Sydney office. In 2000 Bryce established the Equities Division at Grange Securities Ltd (now Lehman Brothers), where he ran the team until late 2005. Bryce became a founding director of Veritas Securities Limited in early 2006 and is that company’s Managing Director.
Clay Melbourn
Clay has over 20 years of experience within the financial services sector with extensive knowledge from various equity trading, stockbroking and proprietary trading roles. Clay started his career in 1983 as a “chalkie” with the ASX. A role quickly followed as a trading floor operator at ABS White (BNP) during the 1980’s. Clay honed his trading skills during the 1990’s and was employed at Grange Securities Limited (now Lehman Brothers) from 2000 at the inception of their equities division. Clay was responsible for advising and executing trades for both retail and wholesale clients through a range of market related strategies during this period. Clay became a founding director of Veritas Securities Limited in early 2006.