
03-20-2007, 09:04 AM
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Join Date: Sep 2001
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Posts: 18,633
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http://www.theage.com.au/news/busine...e#contentSwap1
Quote:
The Geelong-born [Andrew] Sisson, 54, runs a tiny boutique funds management firm called Balanced Equity Management, which he set up in 1988. At the start, there was so little money coming through the door that he couldn't pay himself a cent. Now, his firm would be one of the most profitable in the country and it's run on a shoestring with just 11 employees.
Along with team members Andrew McGann and Steven Fahey, he looks after $12.3 billion of Other People's Money.
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Ask people in the money game what they think of Andrew Sisson, who trained as an actuary before working as a fund manager for the old National Mutual Life group, and they always talk about his brain.
"He's outstanding. He's just intellectually brilliant," says one fund manager. "He's as straight as an arrow. He has a very low profile, but in a situation like this, he and his Balanced Equity company are in the public eye because he's a hold-out on the Qantas takeover.
"People are saying, 'Balanced who? Well, hey, that's Sisson, McGann and Fahey."
Over the years, Mr Sisson has made a lot of money out of options, futures, convertible notes and other not so ordinary investments.
To one professional money manager, that's another sign of Mr Sisson's intellect.
"Mathematically, he would eat that stuff for breakfast," he says.
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