‘Stocking the war chest’: Macquarie raising $1.6bn to fund investments
Karl Siegling, managing director of the $350 million fund Cadence Capital, said low rates were positive for Macquarie’s business of backing alternative assets such as toll roads or wind farms.
“The Macquarie business model is to have the shareholder equity, then borrow a bucket load against that at really low interest rates, then invest it into things which are unusual,” Mr Siegling said.
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Funds management involves a lot of synthesis of information and reading. Over the years we all end up reading many investment books and refer to them from time to time.
The team at Cadence has compiled a list of books that have influenced our investment style, or helped provide insight into the investment process.
Whilst not an exhaustive list, the 10 titles contained in this eBook provide a good starting point for any interested investor.