Charles trained as an econometrician prior to becoming an analyst in London with stockbroker, Kitcat & Aitken. Returning to Australian he managed institutional money with Schroders and Morgan, Grenfell & Co. (Director).
He established his own fund management business, Risk Averse Money Managers (RAMM) and introduced index investing to Australia in the mid-80s. RAMM’s 1986 listed vehicle World SPIFF, a global index fund, was the first such Exchange Traded Index Fund. RAMM was subsequently acquired by Macquarie Bank. Charles then set-up Australia’s first private equity fund-of-funds, which was a foundation investor in the forerunner of Quadrant Private Equity. Charles served on their investment committees of the first three Quadrant funds.
Charles has made a number of private investments in a personal capacity covering software, digital and agriculture. In Health Communications Network (where he met Mike), he was an early investor and helped it list on the ASX. It was subsequently acquired for $111 million by Primary Healthcare (Healius).
In 2005, Charles invested in WiseTech and was Chairman from 2006 through to 2018. Wisetech listed in 2015. Charles remains a director and a substantial shareholder in the $7b ASX-listed tech company.
Sign up to view 0 direct reports
Get started