Lloyd Hirst CFA MBA

Menninger's disciplined, patient, long term, fundamental value approach is closely aligned with my own investment philosophy. An alignment in investment thinking and the opportunity to develop a truly unique and scalable investment business energises each day. I am responsible for:  Identifying new value adding investment opportunities.  Managing investment portfolios for our fund and HNW clients.  Planning and managing acquisitions.  Refining and evolving the investment process on an ongoing basis.  Developing the business through superior long term investment performance.  Creating wealth for our investment partners. At Menninger we are true patient long term value investors, enjoying another day in paradise.

I developed and grew a private investment company with a Listed Equity Portfolio and small Private Equity investments. Wilburra manages investments on its own account and for related entities. It is in essence a small private family office where I am solely responsible for the investment company investment portfolio. The investment portfolio is managed using an evolving value/growth at reasonable price, contrarian approach. Investments are managed on a tax aware basis with an after tax, absolute return objective and a long term focus. Risk is managed to avoid failing to reach objectives. The All Ordinaries Accumulation Index is a secondary benchmark for the listed equity portfolio. Performance has consistently exceeded investment objectives. Sole responsibility for: ▬▬▬▬▬▬▬▬▬▬ ♦ Portfolio management ♦ Decision making – investments, strategy, analysis ♦ Stock review and selection ♦ Taxation management Major Achievements Include: ▬▬▬▬▬▬▬▬▬▬▬▬▬ ► Outstanding listed equity investment performance since inception ► Total cumulative returns in excess of 1.7 times market returns