What can we help you find?

Your search had no results

Please try the following to find what you’re looking for:

  • Check your spelling
  • Try different words or word combinations (E.g. "fund form")

Michael Korber: Lessons learned over 40 years of investing

Download a PDF of this Article
Print this page

 

As he celebrates twenty years with Perpetual, Michael Korber – managing director, credit and fixed income – reveals the important lessons he’s learned over his four-decade-long career in markets.

Above, Michael reflects on his experience during the Global Financial Crisis and how his team not only weathered the storm, but also identified new opportunities for investors. He also explains how being open-minded has helped him adapt to various market cycles, and why learning to balance risk with opportunity has been essential to generating long-term returns. 

Tune into the video to hear more.

See more on Livewire markets.

Michael%20Korber.jpg
Michael Korber
High Yield Analyst / Associate Portfolio Manager
BEc
Michael Korber
Michael%20Korber.jpg

Michael Korber

High Yield Analyst / Associate Portfolio Manager BEc
Bio

Years of experience: 43

Years at Perpetual: 20

Since joining Perpetual in 2004, he has built the Credit and Fixed Income business to over $8 billion in funds under management. Although Michael has stepped down from the team leadership role, he will stay with Perpetual, retaining his existing portfolio management responsibilities for up to 12 months as he transitions to retirement after more than 40 years in the industry. 

Michael has over 40 years of experience, having been involved in credit markets since their inception in Australia. Unlike most credit portfolio managers in this market, Michael has a background in lending and banking, understanding credit in its purest form. His time in markets and reputation make him one of Australia’s most experienced credit investors.

Previously he was the first Head of Credit at Macquarie Funds Management where he built their business from inception to over $7 billion in funds under management. Prior to this, he spent seven years as Divisional Director in Corporate Banking and four years as deputy to the Head of Macquarie Bank Credit and earlier, he had spent five years as a Credit Analyst with Westpac Corporate Banking.

This article has been prepared by Perpetual Investment Management Limited (PIML) ABN 18 000 866 535, AFSL 234426. PIML is the investment manager, responsible entity (RE) and issuer of the Perpetual Pure Credit Alpha Fund ARSN 121 609 747 (Fund). Perpetual Trust Services Limited ABN 48 000 142 049, AFSL 236648 (PTSL) is the RE and issuer of the Perpetual Credit Income Trust ARSN 626 053 496 (PCI). PTSL has appointed PIML to act as the manager of PCI.

This article is general information only and is not intended to provide you with financial advice or take into account your objectives, financial situation or needs. You should consider, with a financial adviser, whether the information is suitable for your circumstances. To the extent permitted by law, no liability is accepted for any loss or damage as a result of any reliance on this information. The information is believed to be accurate at the time of compilation and is provided in good faith. Any views expressed in this article are opinions of the author at the time of writing and do not constitute a recommendation to act.

The product disclosure statement (PDS) for the Fund, issued by PIML, should be considered before deciding whether to acquire or hold units in the Fund. The PDS and Target Market Determination for the Fund can be obtained by calling 1800 022 033 or visiting our website www.perpetual.com.au. Before making any investment decisions you should consider the PDS for PCI (dated 8 March 20) issued by PTSL and the Trust’s other periodic and continuous disclosure announcements lodged with the Australian Securities Exchange (ASX), which are available at www.perpetualincome.com.au or can be obtained by calling 1300 778 468.

No company in the Perpetual Group (Perpetual Limited ABN 86 000 431 827 and its subsidiaries) guarantees the performance of the Fund or PCI or the return of an investor's capital. This information does not constitute an offer, invitation, solicitation or recommendation with respect to the purchase or sale of PCI’s units.