The investment market was a very different place 30 years ago, which is what prompted Jim Murdoch to set up Murdoch Asset Management. Thirty years later, he talks about what the company and the staff mean to him.
“Thirty years. Barely credible, but the mirror reminds me every morning!
“Murdoch was set up to act as the interface between investors and the vast fund management possibilities in the world of collective investments. Our customers were folk with money to invest but who lacked the necessary know-how to do it well or people who simply had no desire to spend their days thinking about money.
“An old UN colleague of mine used to remind all who worked for him that if you don’t know where you’re going, you’ll end up somewhere else. So, from the start we knew where we were going. Early efforts to find skilled, ethical fund managers with solid track records of outperformance proved difficult. But we worked hard at getting to know many of the best managers and keeping track of them.
“Nothing I achieved at Murdoch would have been possible without the support of good staff. Chris Birch is a godsend. Derek White has proved to be a steady, skilled colleague and Tony Dunne, from the day he joined us, fitted in perfectly in terms of both financial competence and personality. They are accomplished, good people. Over time we have also landed lucky with excellent support and administrative staff.
The company is in good hands.”
And finally…”Many things please me about the company that now manages all of my financial affairs, but nothing quite as much as the fact that it still bears my name. Of that I am very proud.”