Our People
About Crispin
Crispin is Head of Equities at Pendal Group an ASX listed fund manager with A$90b funds under management (FUM). He joined the funds management business of BT Financial Group, now Pendal Group, in 1994, initially responsible for European equities and served as Head of European Equities from April 1998, He was subsequently appointed to his current role in January 2003 overseeing Pendal’s Australian equities business, currently managing A$15b of FUM, making it the largest fundamental equity team in the market.
He is responsible for managing a number of our flagship Australian equity funds, which under his watch have outperformed the market over multiple periods since his appointment in 2003.
Prior to Pendal, Crispin worked for Equitable Life in London.
Crispin is a Director of the Anika Foundation and served as a Director of Football Federation of Australia from 2015-19.
He holds an Honours degree in Economics & Human Geography from Reading University.
Australian Equities Team
Funds managed by Crispin
Recent articles by Crispin
- What’s driving Aussie equities this week
- Crispin Murray: Two factors underpinning ASX company earnings
- Crispin Murray: What’s driving Aussie equities this week
- Three things stood out among the best industrials this ASX earnings season
- Crispin Murray: What’s driving Aussie equities this week
- Crispin Murray: What’s driving Aussie equities this week
- Crispin Murray: What’s driving Aussie equities this week
- What’s driving Aussie equities this week
- Crispin Murray: What’s driving Aussie equities this week
- Crispin Murray: What’s driving Aussie equities this week
- Crispin Murray: What’s driving Aussie equities this week
- Crispin Murray: What’s driving Aussie equities this week
- Crispin Murray: Pollution law shows investors need to keep a close eye on government
- Crispin Murray: What’s driving Aussie equities this week
- Crispin Murray: Four government intervention areas investors must watch
- Crispin Murray: What’s driving Aussie equities this week
- Crispin Murray: Four issues driving the economic outlook for Aussie equities
- Crispin Murray: What’s driving Aussie equities this week
- Crispin Murray: What’s driving Aussie equities this week
- Crispin Murray: What’s driving Aussie equities this week
- Crispin Murray: What’s driving Aussie equities this week
- Crispin Murray: What’s driving Aussie equities this week
- Crispin Murray: What’s driving Aussie equities this week
- Crispin Murray: What’s driving Aussie equities this week
- Crispin Murray: What’s driving Aussie equities this week
- Crispin Murray: What’s driving Aussie equities this week
- Crispin Murray: What’s driving the ASX this week
- Crispin Murray: What’s driving the ASX this week
- Crispin Murray: What’s driving the ASX this week
- Crispin Murray: What’s driving the ASX this week
- Crispin Murray: Why bringing together Pendal and Perpetual makes sense
- What’s driving the ASX this week
- Crispin Murray: What’s driving the ASX this week
- Crispin Murray: What’s driving the ASX this week
- Crispin Murray’s weekly ASX outlook
- What’s driving Aussie equities this week
- Weekly Aussie equities outlook
- Crispin Murray’s weekly ASX outlook
- Crispin Murray’s weekly ASX outlook
- Crispin Murray’s weekly ASX outlook
- Crispin Murray’s weekly ASX outlook
- Crispin Murray’s weekly ASX outlook
- Crispin Murray’s weekly ASX outlook
- Crispin Murray’s weekly ASX outlook
- Crispin Murray’s weekly ASX outlook
- Weekly Australian equities outlook
- Crispin Murray’s weekly ASX outlook
- Crispin Murray’s weekly ASX outlook
- Crispin Murray’s weekly ASX outlook
- Crispin Murray: Australia is a good place for investors right now
- Crispin Murray’s weekly ASX outlook
- Crispin Murray’s weekly ASX outlook
- Crispin Murray’s weekly ASX outlook
- Crispin Murray’s weekly ASX outlook
- Crispin Murray’s weekly ASX outlook
- Crispin Murray’s weekly ASX outlook
- Crispin Murray’s weekly ASX outlook
- Crispin Murray: ‘Why should Australian shareholders pay for BHP’s proposal to collapse its DLC structure?’
- FAST PODCAST: How to approach Aussie equities in 2022 with Crispin Murray
- Crispin Murray: What’s driving ASX stocks this week
- Crispin Murray: What’s driving ASX stocks this week
- Crispin Murray: What’s driving ASX stocks this week
- Crispin Murray: How Omicron will impact Aussie equity investors
- Crispin Murray: What’s driving ASX stocks this week
- Crispin Murray: the outlook for Australian equities
- Crispin Murray: how to judge who’s best placed for the recovery
- Crispin Murray on COVID-19: what we know and what’s next
- Enduring excellence in Australian equities
- Economic & share market outlook
Crispin Murray
Head of EquitiesAbout Anthony
Anthony is an analyst with over 15 years’ experience covering a range of Australian and international sectors. Most recently his sector coverage included Australian Industrials and Energy, including Building Materials, Capital Goods, Engineering & Construction, Transport, Telcos, REITs, Utilities and Infrastructure. He has previously worked as an equity analyst for AllianceBernstein and Macquarie Group, spending a further two years as a management consultant at Port Jackson Partners and two years as an institutional research sales executive with Deutsche Bank. Anthony is a CFA Charterholder and holds bachelor’s degrees in Commerce and Law from the University of Sydney.
Australian Equities Team
Recent articles by Anthony
Anthony Moran
Investment AnalystAbout Damien
Damien provides fundamental analysis for our smaller companies strategies, supporting stock selection through valuation, stock data evaluation and building company investment models. Damien was previously an Equity Analyst at Kosmos Asset Management, where he was responsible for fundamental research focused on non-resource ex-ASX 100 Australian and New Zealand stocks. He holds a Bachelor of Business (Finance & Economics) from the University of Technology in Sydney and has completed level three of the CFA program.
Australian Equities Team
Damien Diamant
AnalystAbout Brenton
Brenton manages our Midcap Fund and natural resources portfolio, drawing on over 24 years’ expertise spanning precious metals, derivatives, investment banking and private equity to invest in large and small cap mining companies.
Brenton has worked with Randfontein Estates Gold Mine & Harmony Gold as a mine geologist and Executive, and at JP Morgan, Deutsche Bank, Craton Capital, Macquarie Funds Group, and Taurus Funds Management in research and asset management roles.
Graduating with honours, he holds a Bachelor’s degree in Science (Geology) and a Master’s degree in Science from the University of Johannesburg. He is a member of the CFA Institute and has previously served on the International Accounting Standards Board.
Australian Equities Team
Funds managed by Brenton
Recent articles by Brenton
- Aussie equities outlook: two questions hold the key
- Mid-caps: Re-energised lithium price could power up ASX producers
- Brenton Saunders: ASX mid-caps offer exposure to fast-growing sectors such as battery metals
- Aussie equities: What we can expect from earnings in the second half
- Brenton Saunders: what to watch in ASX earnings season
- How long will the ASX keep going? Here are the factors to watch
- Brenton Saunders: What you should really be watching as markets rally
- What does Xi Jinping’s consolidation of power mean for investors?
- Turning point for shares: what to watch
- ASX earnings season: the big talking points
- FAST PODCAST: How to choose the right mid-cap Aussie stocks
- Why mid-caps look good right now
- Conservative, pragmatic and style-agnostic: how to think about equities right now
- Markets are underestimating structural change in commodities
- How APRA’s performance test fails sustainable investors
- Good times for stock-pickers as rate-hike cycle arrives
- What’s ahead for the big miners
Brenton Saunders
Portfolio Manager & AnalystAbout Graeme
Graeme is an analyst with over 17 years’ experience covering the Banking, Insurance and Diversified Financials sectors. He has previously worked as an equity analyst at Ausbil Dexia, ABN AMRO and Wilson HTM, spending a further 2 years as an actuarial analyst at Trowbridge Consulting. Graeme is a CFA Charterholder and holds bachelor’s degrees in Commerce and Law from the University of Sydney.
Australian Equities Team
Graeme Petroni
AnalystAbout Jim
Drawing on over 24 years’ experience investing in top-performing Australian companies and a background in accounting, Jim manages our Long/ Short Fund and manages our Imputation Fund. He previously managed a number of funds for Colonial First State. Prior to this he worked at Arthur Andersen in a variety of audit, advisory and corporate finance roles. Jim holds a Bachelor’s degree in Economics (Accounting and Finance). He is a Chartered Accountant with membership of the Australian Institute of Chartered Accountants.
Australian Equities Team
Funds managed by Jim
Recent articles by Jim
- Jim Taylor: What’s driving ASX stocks this week
- Jim Taylor: What’s driving ASX stocks this week
- Jim Taylor: What’s driving ASX stocks this week
- Jim Taylor: What’s driving ASX stocks this week
- What’s driving ASX stocks this week
- Jim Taylor: What’s driving ASX stocks this week
- Jim Taylor: What’s driving ASX stocks this week
- Brenton Saunders: What’s driving ASX stocks this week
- Jim Taylor: What’s driving ASX stocks this week
- Jim Taylor: What’s driving ASX stocks this week
- What’s driving ASX stocks this week
- Jim Taylor: What’s driving ASX stocks this week
- Crispin Murray: What’s driving ASX stocks this week
- Crispin Murray: What’s driving ASX stocks this week
- Jim Taylor: What’s driving ASX stocks this week
- What we’ve learned from ASX reporting season so far
- Jim Taylor: What’s driving ASX stocks this week
- Jim Taylor: What’s driving ASX stocks this week
- Jim Taylor: What’s driving ASX stocks this week
- Jim Taylor: What’s driving ASX stocks this week
Jim Taylor
Portfolio ManagerAbout Julia
With over 25 years’ experience spanning equities research and advisory, initial public offerings and capital raisings, Julia has managed our property trust portfolios for over a decade. Before joining the company, she worked for the Attorney General’s Department and on the sell side for 10 years at broking houses now known as Citigroup and Merrill Lynch, where she was a highly rated analyst. Julia holds a Bachelor of Economics from the University of Sydney and a Diploma of Law from the Solicitor and Barristers Admission Board, specialising in property and insolvency law.
Australian Equities Team
Funds managed by Julia
Recent articles by Julia
- Julia Forrest: Retail and industrial lead the way in A-REIT sector
- Office property opportunities can still be found as work-from-home tensions play out
- What’s driving Aussie equities this week
- FAST PODCAST: The investment outlook for Aussie REITs
- FAST PODCAST: Speedy shoppers are buying more but not hanging around for long
- Re-landscaping the REIT sector
Julia Forrest
Portfolio ManagerAbout Julia
Julia is responsible for the development of risk, optimisation and portfolio management tools for equity. She has over 19 years’ industry experience, previously holding analyst positions with JP Morgan and Macquarie. Julia is a CFA Charter holder and obtained a Bachelor of Economics from the University of Sydney.
Australian Equities Team
Recent articles by Julia
- Tim Hext: Australian business remains resilient as we enter spring
- The good news? We’re avoiding recession. The bad news? Living standards are going backwards
- Tim Hext: It’s ‘so far, so good’ on rates and the economy. But what’s next?
- Inflation back below 5pc – but getting to 2-3pc remains a challenge
- Tim Hext: Wage growth remains under control – for now
- Green bonds: What are they and how do you choose the right ones?
- Tim Hext: What to pay attention to in the RBA’s latest monetary policy statement
- Tim Hext: Soft landing more likely but don’t hold your breath on rate cuts
- Tim Hext: Australian inflation is heading back to 4pc
- Fast podcast: Why now could be a good time to lock in 10-year bonds
- Fast podcast: How a weaker China could be good for bonds
- Tim Hext: Inflation remains stubbornly high — but not as high as you may think
- FAST PODCAST: What wages and jobs are telling us about recession and rates
- Tim Hext: Where the RBA’s head is at right now
- US inflation: 4pc on the horizon, but 2pc still a way off
- Budget 2023: Stage 3 tax cuts remain centre stage
- Fixed Interest wrap: Our views on latest inflation data, the RBA review and YFYS reforms
- Head to head: Pendal equities chief Crispin Murray and bonds boss Tim Hext
- Tim Hext: The end of interest rate hikes may finally be near
- Why Credit Suisse is a wake-up call for Australian fixed income investors
- Why the Silicon Valley Bank collapse happened and what it means for investors
- Tim Hext: Rates are important – but not as much as the Budget
- Why Credit Suisse is a wake-up call for Australian fixed income investors
- Fixed interest: Check your ‘duration’ settings before inflation turns
- Amy Xie Patrick: Prepare for likely recession with long-duration bonds
- Hard, fast rates cycle could mean it’s time for long-duration bonds
- Tim Hext: Powell gives the green light after smaller rate rise
- Tim Hext: Inflation looks to be softening. Are sunnier days ahead?
- Tim Hext: The case for inflation-linked bonds
- The signals that will bring interest rate hikes to an end
- Fast podcast: What the Budget, inflation and rates mean for bonds
- TIM HEXT: Mixed signals will remain into Christmas
- Amy Xie Patrick: Why it’s a myth that you shouldn’t buy bonds in a hiking cycle
- TIM HEXT: RBA shows some patience with a return to neutral territory
- TIM HEXT: Fiscal support package announced in the UK could make inflation harder to control
- TIM HEXT: Inflation will test Fed’s patience, but RBA has cards up its sleeve
- FAST PODCAST: Where we are in this interest rate cycle
- AMY XIE PATRICK: China’s going lower on rates. Here’s what it means for investors
- TIM HEXT: Interest rate pain probably won’t get too bad despite tough talk
- Tim Hext: Hawkish central banks are telling markets to pay attention
- Monthly inflation data is coming. Here’s what it means
- Consumers and business head in different directions
- ‘No pre-set path’: What the RBA statement means for investors
- Fixed interest: why bonds look promising and how to take advantage
- TIM HEXT: Goods prices are peaking but services have a way to go
- Tim Hext: RBA heads back to neutral. But where is neutral?
- TIM HEXT: What investors should know about the outlook for State debt
- TIM HEXT: Inflation noise gets louder but real yields move markets
- FAST PODCAST: How to think about inflation and rates right now
- TIM HEXT: Fiscal policy will stay expansionary under Labor. Here’s what that means
- Fixed interest: time for tactical moves as big picture emerges
- TIM HEXT: This week’s modest wages data won’t last
- TIM HEXT: Where fixed interest opportunities are emerging
- FAST PODCAST: Where inflation is heading and how to think about bonds now
- TIM HEXT: Early green shoots ease inflation pressure
- FAST PODCAST: How the China slowdown is affecting Aussie investors
- Rate rise: What’s next after RBA waves the white flag
- FAST PODCAST: Not all income funds are well positioned for rising bond yields
- Tim Hext: RBA in final preparation for take off
- Federal Budget will embolden the RBA on rates — but not as much as you think
- FAST PODCAST: What rates expectations mean for bond-buying
- Get ready as China edges away from zero-Covid policies
- US rate hikes: what they mean for Australian investors
- The future of bonds (no they’re not disappearing)
- Tim Hext: Dust off the text books as stagflation threat looms
- Tim Hext: Is March the month for hawkish hikes?
- Tim Hext: Ukraine conflict offers glimpse into a world of stagflation
- FAST PODCAST: Outlook for rates, inflation and what it means for bonds
- Tim Hext: Finally a good year for labour
- Tim Hext: what to expect as rate hike cycle begins
- FAST PODCAST: Where bond yields are heading and what it means for investors
- Tim Hext: How the border re-opening will impact investors
- Tim Hext: The RBA is now one of the world’s most dovish central banks
- Inflation: nowhere to run, nowhere to hide
- FAST PODCAST: How to manage fixed income amid rising inflation in 2022
- FAST PODCAST: The role bonds will play in portfolios in 2022
- Tim Hext: How far the next rate-hike cycle could go
- FAST PODCAST: What it means for investors if China accepts slower growth
- Fixed income: Are bonds ready to do their job again?
- Income and Fixed Interest weekly wrap with Amy Xie Patrick
- Wages are slowly rising, but inflation is rising faster
- Two big events investors should watch out for next week
- Tim Hext: Avoiding a double-dip recession
- Amy Xie Patrick: Fixed income investing in a zero-rate world
- Tim Hext: what the end of the Central Bank era means for investors
- V, U, W, L… which shape the recovery is likely to take
- Tim Hext on the RBA’s actions and the outlook for bonds
- Tim Hext: RBA brings out the Howitzer
- Understanding US-China tensions
- Can the Yuan offset the pain?
- Residential property – what lies ahead?
- Inflation – still no lift-off, but not all gloom
- RMB – A position of strength
- Degustation or decompression for credit investors?