Rob Hay

Collins St Asset Management seeks to make a difference to the lives of their clients and their families by preserving and growing their wealth, both now and for future generations.

Co-Founders Michael Goldberg and Vasilios Piperoglou look to achieve this ideal through thoughtful implementation of their deep value, high conviction and uniquely contrarian investment philosophy across a suite of absolute return focussed managed funds, each of which draws upon their specialist skill set in identifying compelling asymmetric opportunities from across the Australian Stock Exchange.

Since inception in 2015 Collins St Asset Management has grown to become responsible for managing in excess of $300M on behalf of an exclusively ‘sophisticated’ and ‘wholesale’ client base of predominantly self-directed private investors, family offices and charitable foundations.

The firm’s flagship Collins St Value Fund has achieved a net return of >12% p.a. since it was first launched in 2016, approximately 3% p.a. net higher than the broader market.

The underlying deep value, contrarian investment philosophy is underpinned by a belief that:

1. True value is blind to traditional sector and index weightings.
2. Compelling investments should be backed with conviction.
3. Debt should be avoided or, if held, kept to prudent levels with realistic covenants.
4. Complexity should always be avoided.
5. Alignment of interests, at all levels, is essential.
6. Buy businesses, don’t trade stocks.
7. Capital preservation should be the starting point for every decision.
8. A good company should be able to withstand macro-economic fluctuations and, whilst broader macro trends can be informative, they should not be the driving force behind an investment decision.