Role of cash in a portfolio

Ron Mehmet, Portfolio Manager, Cash and Fixed Interest, Advance, discusses the role of cash within a portfolio.


Read the transcript (PDF, 43KB)


About Ron Mehmet

Ron Mehmet, B. Arts (Hons), M App. Fin, Grad. Dip. Mgt, Fellow FINSIA – Portfolio Manager, Cash and Fixed Interest

Ron Mehmet joined Advance in July 2010 as Portfolio Manager, Fixed Interest, bringing with him over 25 years’ investment experience.

Ron started his career at the Commonwealth Bank of Australia (CBA) as a Management Graduate and progressively rotated though a number of divisions within the Banking Group. Ron’s experience includes investments, lending, merger and acquisitions, and financial markets (including money markets, foreign exchange, futures and stock broking).

After 12½ years with the CBA, Ron left his senior management role within the Financial Markets division to join the ING Investment Management (INGIM) – Multi Strategies Group in June 1997. While at INGIM, Ron was responsible for multi-manager portfolios, specifically Australian and International Fixed Interest, Enhanced Cash, and Australian and International Property Securities Trust portfolios, before moving to Advance.

Ron graduated from the University of Wollongong, with an Honours degree in Economics and Geography and has worked in the finance industry since 1984. Ron has since completed the Masters of Applied Finance at Macquarie University, Sydney and is also a Fellow of the Financial Services Institute of Australasia. Ron has also recently completed a Diploma in Management at the University of Technology, Sydney.


Disclaimer
The information in this webcast is current at 27 July 2011. It has been prepared without taking account of your objectives, financial situation or needs. The information in this webcast is factual only. It does not constitute financial product advice, nor should it be considered a comprehensive statement on any matter nor relied upon as such. Before acting on this information you should seek independent financial and taxation advice to determine its appropriateness to your objectives, financial situation and needs. It may contain information derived from third parties, but while such information is used with necessary permission, neither Advance Asset Management (Advance), BT Funds Management (BTFM), BT Investment Management (BTIM) nor any other related entities which form part of BT Financial Group (BTFG) or Westpac Group (WG) accepts any responsibility for the accuracy or completeness of, or endorses any such information. Except where contrary to law, Advance, BTFM, BTIM, BTFG and WG intend by this notice to exclude liability for this information. The information in this webcast is given in good faith and has been derived from sources believed to be accurate at its issue date. None of these entities nor any of their related entities, employees or directors gives any warranty of reliability or accuracy or accept any responsibility arising in any other way including by reason of negligence for errors or omissions. This disclaimer is subject to any contrary requirement of the law.