Eminence Capital Management is an investment management firm, professionally managing investment portfolios on behalf of its institutional clients, family offices and high net worth individuals.
The firm is built on certain fundamental principles that we believe differentiate our competitive strengths. We view these three elements governing our business are important in our ability to create long-term value for our investors.
We focus on generating and achieving superior risk-adjusted absolute returns throughout all types of market cycles and environments, with lower volatility compared to the broader market.
Our style is neutral, offering diversification from conventional style factors like value or growth. We are not artificially constrained by any benchmarks or under any compulsion to be fully invested in the market at all times.
Through active management, we seek to generate high quality alpha without relying on asset concentration or market direction.
The management of risk is an integral part of all our activities – for both investment and non-investment. With a high priority placed on capital preservation, our premise is that risk is first and foremost quantified and controlled before investment decisions are undertaken. These measures coupled with efficient capital allocation, limit downside portfolio risk and improve the consistency of returns and performance.
We do not rely on extensive leverage to generate investment returns. The amount of leverage employed is limited on a portfolio-wide basis.
Our best in class specialist partners provide middle and back office infrastructure, mitigating counterparty risks, allowing us to focus on the pursuit of maximising performance.
Our investors are provided with qualitative information about our investment processes, operational procedures, portfolio exposures and manager accessibility at all times.
The professionally managed individual accounts provide our investors with direct beneficial ownership of their portfolios, while avoiding the tax distortions that come with pooled investment vehicles.
The high levels of transparency immediately detect unacceptable deviations from the investment mandate and provide the account holder the ability to maintain full administrative control of their account.
Eminence Capital Management is a wholly owned subsidiary of Eminence Global Asset Management operating under Australian Financial Services Licence number 305573 and regulated by the Australian Securities and Investments Commission
Eminence Capital Management believes that markets are highly complex adaptive systems comprised of interconnected relationships.
We utilise quantitative strategies and apply a rigorous systematic approach to investing. Our proprietary strategies analyse a wide range of global economic, political, and sentiment drivers, and capture patterns in market behaviour, identifying shifts in price patterns and style trends.
We blend short and long term trades, incorporating both multiple time frames and strategies, focusing on risk as the pre-eminent factor in portfolio construction, allocating capital dynamically to deliver alpha and achieving superior risk-adjusted absolute returns throughout all types of market environments.
Liquidity risk screening from an investible universe of over 11,000 securities
Application of the quantitative strategies over the market indices, and a refined universe of approximately 500 securities
Setting the risk target within the risk budget permitted both at the security level and the overall portfolio
Position sizing proportional to the magnitude of expected risk-adjusted returns with some being scaled-up while others are scaled-down
Identification of securities with the best expected return, based on our unique robustness and objective ranking methodology
Dynamic allocation of capital to each strategy to achieve smoother equity volatility and returns
Final portfolio construction holding up to 60 diversified securities globally at any one time
The team at Eminence Capital Management is well-credentialed with over 100 years of combined experience in the financial markets,
working for some of the world's largest institutions. It is further supported by our dedicated research and development department.
Paul brings over 30 years of executive management experience with global investment banks including Head of Equity and Equity Trading Merrill Lynch Asia Pacific and CEO of Bank of America Merrill Lynch Australia. Paul holds a Bachelor of Economics, completed the Accelerated Management Program at the AGSM and has sat on various Australian Stock Exchange committees.
Walid brings over 10 years of risk management experience in the banking industry from a variety of roles including portfolio credit risk management, capital allocation, structured credit and counterparty credit risk. Walid holds a Doctorate in Astrophysics and a Bachelor of Science.
Peter brings over 14 years of experience in the capital markets, working with Australian and international financial institutions. He has been managing portfolios for Family Offices and HNWI, as well as advising local and international institutional investors. Peter holds a number of industry and tertiary qualifications, including a Masters in Business, majoring in Finance and Management, and a Responsible Manager of an Australian Financial Services Licence.
Don brings over 35 years of national management experience with MLC and Perpetual Trustees. Don is an Associate of the Australasian Compliance Institute, a Fellow of the Financial Services Institute of Australasia and a Certified Practicing Accountant and Chartered Secretary.
Robert brings over 20 years of funds management experience having held senior positions at Dexus, HSBC and Global Asset Management. He is responsible for reviewing, amending and executing compliance policy and operational protocols for several companies.
All capital is managed on an individual account basis. The on-boarding process includes:
a) Mandate Formation
A mandate is established where investors set their volatility targets and exposure limits to Australian and international equities.
b) Custody Arrangement
A custodial account is established with one of our partner global investment banks for the safe-keeping and administration of the assets.
c) Online Reporting
An online login is created for constant access to comprehensive reporting including portfolio holdings, transaction fees and valuations in multiple currencies.
The minimum account size is $1,000,000
Managed accounts provide investors with many more benefits and advantages than traditional unitised structures. Some of these advantages include:
Eminence.com.au Terms and Conditions
This website is operated by and on behalf of Eminence Capital Management Pty Ltd ABN 83 162 103 791, or its related bodies corporate or associates (collectively referred to as “Eminence”, or “we”, “our” or “us”). Your access to this website is subject to these terms and conditions and by using this website you agree to be subject to these terms and conditions.
The information on this site is subject to change without notice at any time and you should contact Eminence before acting upon the material available on this site.
Access for persons within Australia only
The information on this website is directed and available to residents in Australia only, who are ‘wholesale clients’ under the Corporations Act, and may not be used for the purpose of, an offer or solicitation in any jurisdiction other than Australia or in circumstances in which such offer or solicitation is not authorised. No person in any jurisdiction other than Australia may treat it as constituting an invitation to them to apply for products or services described on this website. Information provided on this website is general in nature and does not constitute personal advice.
Any statements of opinion, recommendations or similar commentary are given by Eminence, and are general in nature only and do not take into account your particular investment objectives, financial situation or investment needs. You should assess whether the information on this website is appropriate to your particular investment objectives, financial situation and investment needs. You should do this before making an investment decision on the basis of the information available on this website. You can either make this assessment yourself or seek the assistance of any adviser.
Past performance is not indicative of future results.
Disclaimer and limitation of liability
We make no representation or warranty (expressly or implied) as to whether the content of this site is accurate, complete or up to date. We make no representation or warranty (expressly or implied) as to whether information on the website is not misleading or not likely to mislead and you should make your own enquiries to ascertain the accuracy of any information upon which you intend to rely on.
To the maximum extent permitted by law, Eminence will not be liable in any way for any loss or damage suffered by you through use or access to this website.
Investments carry risks, including possible delays in repayment of withdrawal proceeds and loss of income or principal invested. We do not guarantee the capital value or investment performance of any of our investments or any particular rate of return.
Copyright and trademarks
Eminence is either the owner or licensed user of the copyright in the material on this site. Except where necessary for viewing the information on this website on your browser, or as permitted under the Copyright Act 1968 (Cth), no part of this material on this website may be reproduced in any manner, and no further dissemination of it is permitted without the express written permission of Eminence.
Eminence Capital Management Pty Ltd ABN 83 162 103 791 (Eminence) recognises that maintaining the privacy of your personal information is important and is committed to protecting any personal information which it holds.
This policy is to be read in conjunction with the Terms and Conditions and any other terms and conditions applicable to the use of this site.
The information we collect
We will only collect information about you directly from you, whenever it is reasonable and practicable to do so.
We only collect personal information about you which is reasonably necessary to:
- provide you quality products or services;
- consider applications and approaches you make to us; and
- maintain your contact details.
We generally hold personal information relating to:
- the products and services we provide or have provided to you;
- your financial interests and in some cases your financial position; and
- your contact details.
Use and Disclosure of Personal Information
We only use and disclose personal information about you for the purpose for which it was disclosed to us or related purposes, which would be reasonably expected without your permission.
For example, we may from time to time use your personal information to inform you of investment opportunities or to provide information about products and services which we expect may be of interest to you. However, we do respect your right to ask us not to do this.
We may share personal information with related bodies corporate or associates of Eminence (which, together with Eminence, are referred to as the ‘Eminence Group’), and may disclose personal information outside the Eminence Group:
- to service providers in, or outside of, Australia who provide services in connection with products and services of the Eminence Group;
- to your nominated financial adviser or broker with your permission;
- to courts, tribunals and regulatory authorities (if required); and
- as authorised or required by law.
We do not sell your personal information and do not, without your consent, pass it on to third parties other than when specifically noted above.
We do not generally collect sensitive information, unless required by applicable laws or rules.
Sensitive information includes a person’s racial or ethnic origin, membership of political bodies, religions or trade unions, sexual preferences or activities, criminal record, state of health and medical history.
We will only use and disclose sensitive information for the purposes for which it was provided, unless you agree otherwise or the use or disclosure of this information is allowed by law. Documents asking for sensitive information will explain this.
We have appropriate security measures in place to protect against the loss, misuse or alteration of your personal information. Access to and use of personal information within Eminence is appropriately limited to prevent misuse or unlawful disclosure of the information.
In addition, our employees and the contractors who provide services related to our information systems are obliged to respect the confidentiality of any personal information held by us.
We take reasonable steps to destroy or permanently de-identify personal information if it is no longer needed for any purpose for which the information may be used or disclosed.
Access to your Personal Information
We will provide you with access to the information that we hold about you, if you so request. The Commonwealth Privacy Act does set out exceptions to this.
We may charge a fee for providing you with your personal information. However, we will advise of the likely cost in advance.
How do we keep personal information accurate and up-to-date?
We will endeavour to take all reasonable steps to keep any information that we hold about you accurate and up to date. We realise that this information changes frequently with changes of address and other personal circumstances. We can generally update your customer information over the telephone.
If, at any time, you discover that information held about you is incorrect or if you otherwise wish to review or correct that information, please contact us.
We may use session specific cookies or web bugs to obtain non-personal information regarding your use of this website including IP address and session number. This data will be collected primarily for the purposes of administering or compiling demographic information, and of monitoring usage and performance of this site. We may also use such cookies to facilitate your movement within this website (for example by remembering passwords during the session and recording any country of residency selection you may have made).
For more information about privacy issues in Australia and protecting your privacy, visit the Office of the Australian Information Commissioner website at www.privacy.gov.au.
Eminence Capital Management Pty Ltd
2 Bulletin Place
Sydney NSW 2000
Tel: +61 2 9202 3007