Emmanuel Clive Pohl

Last updated

Dr
Emmanuel Clive (Manny) Pohl
AM
Emmanuel Pohl.jpeg
Born
Johannesburg, South Africa
CitizenshipAustralian (since 1986)
OccupationBusinessman
Known forEntrepreneurship (investment market), philanthropy
SpouseGail Pohl
ChildrenHilton Pohl, Jared Pohl, Jason Pohl

Emmanuel Clive (Manny) Pohl, AM, is an Australian businessman (investment manager) and philanthropist.

Contents

Business career

Stockbroking

After four years operating as a consultant, Pohl joined Ed Hern Rudolph Inc., a then medium sized brokerage firm based at the Johannesburg Stock Exchange (JSE). Over his four years at the firm (January 1986-May 1989), he twice achieved a personal ranking in the annual Financial Mail Stockbrokers’ Ratings (now the ‘Financial Mail Ranking the Analysts Survey’). [1] [2]

During his tenure at Davis Borkum Hare & Co Inc (1989-1994) Pohl was a member of the South African delegation to the 1991 Annual Meeting of the Board of Governors of the World Bank and the International Monetary Fund in Bangkok. [3]

Australia (1994-present)

In July 1994, after settling in Queensland, Pohl took up the position of Private Portfolio Manager with Westpac Investment Management, Ltd Brisbane. He left Westpac in December 1995 to join Queensland-based Wilson HTM Ltd stockbrokers (now Wilsons) as Managing Director of its wholly owned subsidiary, Wilson HTM Asset Management (WAML), described by Pohl in 2002 as a “bottom-up stock picker” whose overall investment process was automated and “military”. [4]

Hyperion Asset Management

In 1996 Wilson HTM Asset Management was rebranded Hyperion Asset Management (Hyperion) and with the support of Wilson HTM Ltd the executives acquired an equity stake of fifty percent. [5] As Chief Executive Officer, Managing Director and Chairman of the Investment Committee (1996-July 2012), Pohl grew the company to over $3 billion funds under management. [6]

Pohl steered Hyperion through the 2007–2008 financial crisis, from its 24.21% loss to nearly break even in the 2008-2009 fiscal year, enabling the fund to retain its Lonsec investment research product rating of ‘Recommended’. [7]

ECP Asset Management

In 2012 Pohl sold his stake in Hyperion. [8] In July that year, Pohl founded and is currently chairman of EC Pohl and Co. (ECP), and executive chairman and chief investment officer of subsidiary ECP Asset Management, which has been ranked among the top four fund managers in Australia over the past decade. [9]

In 2019, Pohl’s investment management strategy, was credited with delivering a long-term return of 12.5 percent in comparison to the general market’s 8 percent. [10] In Mercer’s survey of investment performance over the 2020 year, ECP Asset Management performed best of the reviewed mid-caps for the year’s performance with 46.4% growth, and the best over a three-year period at 28.3% growth annually. [11]

In a 2019 profile, the company was listed as having top ranking among 64 asset management firms over the preceding year, and ranked sixth overall for the preceding five years. [12] As with Hyperion under Pohl's directorship, ECP employees are directed to only invest in the fund’s portfolios “… so that there is total alignment of interests. That’s what I think creates a really successful fund management business.” [13]

Other affiliations

Recognition

Pohl has been profiled as a leading Australian investment manager by several major industry publications over the past two decades: Independent Financial Advisor (2002) [15] and (2009); [16] The Australian Financial Review (2009) [17] and (2014); [18] AFR Smart Investor (2010); [19] The Financial Standard (2013); Corporate Finance International (2019), [20] and The Australia Business Executive (2019) [21]

Considered ‘a natural stock picker’, [22] Pohl made the most of his newfound opportunities and has been twice ranked among the city’s most influential people, in 2014 and 2015. [23] [24]

Philanthropy

Pohl Foundation

In 2014 Pohl founded the Pohl Foundation, a Deductible Gift Registered charity. The Foundation receives approximately 5% of EC Pohl & Co’s after-tax profit annually. [25] The Foundation’s philanthropy is enhanced by Pohl’s personal charitable support to various causes across the arts, environment, health and well-being sectors, as well as the broader community.

Arts

Pohl has been a supporter of the Art Gallery of New South Wales’ Conservation Department since 2016, over which time the Pohl Foundation has provided grants to support the restoration of major paintings. [26] [27] [28]

Apart from his major support for AGNSW projects, Pohl was also a Bronze Benefactor of The Arts Centre Gold Coast, now branded Home of the Arts (HOTA) in 2014, 2015 and 2016. [29]

Environment

Pohl personally supports the Save the Rhino charity. [30] due to the spurious belief in its inherent medicinal properties.

Pohl is also a shareholder in the Olifants River Game Reserve (ORGR), situated in the Balule Nature Reserve, Limpopo Province of the Lowveld, South Africa. ORGR has held nature reserve status since 1983, and after the removal of all fencing in 2005, is now an ecologically integral part of the Greater Kruger National Park/Great Limpopo Transfrontier Park. [31]

Pohl has been a Currumbin Wildlife Sanctuary trustee since 2011, a year after its establishment. [32] The Trustee is the registered charity for the Currumbin Wildlife Sanctuary, and raises funds to care for the sanctuary’s hospital. As trustee, Pohl proposed the establishment of a long-term capital base for the Foundation, and worked with the foundation’s legal team to change the constitution; EC Pohl & Co provided initial seed funding. Following the devastating bushfire season of 2019-2020, colloquially known as Australia’s ‘Black Summer’, EC Pohl & Co devised and held their first Charity Golf Day bushfire appeal in support of Currumbin Wildlife Sanctuary. [33]

Higher learning

Pohl has been a member of the University Council as well as the Chancellor’s Circle of Bond University, since 2016. [34] [35]

Since its inception in 2010, Pohl has been a supporter of Bond University's annual Indigenous Gala, which raises funds to expand the range of Indigenous scholarships available at the university. In its first ten years, the gala raised over $2.5 million towards Indigenous scholarships, grants and bursaries. [36] In addition, Pohl donates charitable funds annually via the Cancellor’s Circle, which also assists Indigenous students through grants and bursaries.

Honours

Pohl was awarded the Member of the Order of Australia medal in the 2019 Queen's Birthday Honours List (conferred 10 June 2019) for "significant service to the finance sector, and to the community”.” [37]

Personal life

In 1986 Pohl became a naturalised Australian citizen. [38]

He maintains offices in New South Wales and Queensland and lives on the Gold Coast, Queensland.

Related Research Articles

<span class="mw-page-title-main">Lazard</span> American investment bank

Lazard Inc. is a financial advisory and asset management firm that engages in investment banking, asset management and other financial services, primarily with institutional clients. It is the world's largest independent investment bank, with principal executive offices in New York City, Paris and London.

Morningstar, Inc. is an American financial services firm headquartered in Chicago, Illinois, founded by Joe Mansueto in 1984. It provides an array of investment research and investment management services.

<span class="mw-page-title-main">PIMCO</span> US global investment management firm

Pacific Investment Management Company LLC is an American investment management firm focusing on active fixed income management worldwide. PIMCO manages investments in many asset classes such as fixed income, equities and other financial assets across public and private markets. PIMCO is one of the largest investment managers, actively managing more than $2 trillion in assets for central banks, sovereign wealth funds, pension funds, corporations, foundations and endowments, and individual investors around the world. According to the Sovereign Wealth Fund Institute, PIMCO is the 6th-largest asset manager in the world by managed AUM.

<span class="mw-page-title-main">SEI Investments Company</span> Financial services company

SEI Investments Company, formerly Simulated Environments Inc., is a financial services company headquartered in Oaks, Pennsylvania, United States. The company describes itself as "a global provider of investment processing, investment management, and investment operations solutions". SEI provides products and services to institutions, private banks, investment advisors, investment managers, and private clients. Through its subsidiaries and partnerships in which the company has significant interests, SEI manages, advises or administers $1 trillion in hedge funds, private equity, mutual funds and pooled or separately managed assets. This includes $352 billion in assets under management and $683.3 billion in client assets under administration, as of 2019.

<span class="mw-page-title-main">Kerr Neilson</span>

Kerr Neilson is a South African-born Australian investment manager who co-founded Platinum Asset Management. Neilson's ability to consistently choose high-performing stocks has seen him dubbed "Australia's Warren Buffett". As of February 2023, his net worth was estimated at US$960 million according to Forbes.

<span class="mw-page-title-main">Macquarie Group</span> Australian investment bank and financial services company

Macquarie Group Limited, more commonly known as Macquarie Bank, is an Australian multinational investment banking and financial services group headquartered in Sydney and listed on the ASX.

Robertson Stephens is a wealth management firm serving high net worth individuals and family offices. The firm is registered with the United States Securities and Exchange Commission as an investment advisor.

Mercury Asset Management plc was a leading British investment management business. It was listed on the London Stock Exchange and was a constituent of the FTSE 100 Index.

Nguyễn Xuân Minh is the Executive Chairman of Techcom Securities, a subsidiary of Techcombank – a leading joint stock bank in Vietnam. Techcom Securities (TCBS) is the leading Wealthtech company and is the largest securities company in Vietnam in terms of profit and brand value. TCBS helps domestic companies raise in aggregate more than U$3 billion per year via Debt and Equity Capital Markets in Vietnam. It also has more than 80% market share in trading of local listed corporate bonds in Vietnam. Consecutively, Techcom Securities was named the Best Bond House in Vietnam for 2007–2016, 2008–2017 and 2009–2018 by Alpha Southeast Asia and the Best Debt Capital Markets House for 2017, 2018 and 2019 in Vietnam by FinanceAsia.

<span class="mw-page-title-main">Jim Christensen</span>

James (Jim) Christensen is an Australian investor who is known for his tenure at some of the country's most prominent funds management firms. He has notably served as the chief investment officer of Australia's largest corporate superannuation fund, Telstra Super and later the country's largest state fund Queensland Investment Corporation before announcing his retirement in September 2021. In February of 2022, it was announced that Jim had taken a step out of retirement and would be appointed as Chair of the Investment Advisory Committee for Brisbane-based funds management firm Alvia Asset Partners.

Thomas Britton "Britt" Harris IV was the chief investment officer of the University of Texas/Texas A&M Investment Management Company. The investment management company oversees the assets of The University of Texas and Texas A&M University. In 2013 Harris was announced as the recipient of the aiCIO's Lifetime Achievement Award. He founded and has led Titans of Investing since 2006.

Affiliated Managers Group, Inc. (AMG) is an American financial services firm founded in 1993 and headquartered in West Palm Beach, Florida. The company's stock trades on the New York Stock Exchange under the symbol AMG, and is listed on the S&P 400 for mid-size American firms.

<span class="mw-page-title-main">Greg O'Neill</span> Australian businessman

Gregory Kevin O'Neill is an Australian businessman and current chairman of Watermill Capital Partners, a private family office operating a portfolio of social impact investments and philanthropic ventures. He is also chairman of the Australian Basketball Players’ Association (ABPA). He was until 17 June 2022, the President, CEO and owner of La Trobe Financial, one of Australia's leading credit asset managers with $14 billion assets under management. In 2011, O'Neill was nominated by Rainmaker Group as the 2011 Wealth Management Executive of the year. In 2016, O'Neill was the winner of the Financial Services CEO of the Year from CEO Magazine Australia.

Investment outsourcing is the process whereby institutional investors and high-net-worth families engage a third party to manage all or a portion of their investment portfolio. This arrangement can include functions such as establishing the asset allocation, selecting investment managers, implementing portfolio decisions, providing on-going oversight, performing risk management and other areas of portfolio management.

Dame Elizabeth Pauline Lucy Corley is a British businesswoman and writer. She is Chair of the Impact Investing Institute. She was CEO of Allianz Global Investors, initially for Europe and then globally, from 2005 to 2016. She continued to act as an advisor to the company in various capacities until the end of 2019. She is also a Non-Executive Director at BAE Systems plc, Morgan Stanley Inc. and Schroders plc.

<span class="mw-page-title-main">Robo-advisor</span>

Robo-advisors or robo-advisers are financial advisers that provide financial advice and investment management online with moderate to minimal human intervention. A robo-advisor provides digital financial advice based on mathematical rules or algorithms. These algorithms are designed by human financial advisors, investment managers and data scientists, and coded in software by programmers. These algorithms are executed by software and do not require a human advisor to impart financial advice to a client. The software utilizes its algorithms to automatically allocate, manage and optimize clients' assets for either short-run or long-run investment.

<span class="mw-page-title-main">CI Financial</span> Largest investment management firm by assets under management in Canada

CI Financial is a Canadian investment management company based in Toronto, Ontario. It offers investment management and wealth management services targeted to high net worth retail investors, as well as brokerage and trading services to portfolio managers and institutional investors.

<span class="mw-page-title-main">Andreas Utermann</span> British businessman

Andreas Ernst Ferdinand Utermann commonly referred to as Andreas E.F. Utermann(born January 1966) is an Anglo-German businessman and banking executive. Utermann was appointed Chairman of the Board of Directors of Vontobel Holding AG at the company’s AGM on April 6, 2022. Utermann led Allianz Global Investors, a global investment company owned by Allianz, for eight years from 2012, initially as a co-head and Global Chief Investment Officer and then as CEO from 2016.

<span class="mw-page-title-main">Pinnacle Investment Management</span> Australian investment management firm

Pinnacle Investment Management (Pinnacle) is an Australian investment management company. It is publicly traded on the Australian Securities Exchange and is a constituent member of the S&P/ASX 200 and S&P/ASX 300 indices. The company takes stakes in other investment management firms as affiliates and offers them administrative support and other services.

References

  1. "Stockbrokers’ Ratings: When the tough got going”, Financial Mail, 24 March 1989, p. 29.
  2. "Stockbrokers’ Ratings: Bringing home the bacon”, Financial Mail, 15 June 1990, p. 32.
  3. Emmanuel Pohl biography, Marquis Who’s Who, member number: 1666620, biography number: 4001666620
  4. Yeow, Leng, "To Queensland and beyond”, Manager Spotlight, Independent Financial Advisor, Advisor Issue 121, 6 May 2002, p. 39.
  5. Dunstan, Barrie, “Managed funds: How to cut out the nonsense”, The Australian Financial Review, 9 December 2009, p. 36.
  6. Dean, Anabel, “Profile: Dr Emmanuel Pohl AM and Gail Pohl”, Art Gallery of New South Wales Foundation News, Issue 36, July 2020, p. 10.
  7. Teckehandani, Vishal, “A natural stock picker”, Manager Spotlight, Independent Financial Advisor, Issue 478, 12–18 October 2009, p. 16.
  8. Sally Rose, "Hyperion founder turns to online and retail in family firm", The Australian Financial Review, 19 May 2014 https://www.afr.com/markets/equity-markets/hyperion-founder-turns-to-online-and-retail-in-family-firm-20140519-iuc6t Retrieved 20 January 2021.
  9. "Dr Manny Pohl: A survivor with a cool head and knack for long-term Investment" (no by-line), Corporate Finance International, Summer Issue, 12 July 2019, p. 63.
  10. "ECP Asset Management Chairman & CIO Dr Manny Pohl AM: Redefining active investing" (no by-line), Profiles, The Australia Business Executive, 27 August 2019 https://theabe.com.au/ec-pohl-ecp-asset-management-chairman-dr-manny-pohl-am-redefining-active-investing/ Retrieved 20 January 2021.
  11. Thompson, Sarah, Macdonald, Anthony, Boyd, Tim, "Fundies dissect Mercer Survey", Australian Financial Review, 29 January 2021, p. 19
  12. "ECP Asset Management Chairman & CIO Dr Manny Pohl AM: Redefining active investing" (no by-line), Profiles, The Australian Business Executive, 27 August 2019 https://theabe.com.au/ec-pohl-ecp-asset-management-chairman-dr-manny-pohl-am-redefining-active-investing/ Retrieved 20 January 2021.
  13. Dr Manny Pohl, quoted in, "ECP Asset Management Chairman & CIO Dr Manny Pohl AM: Redefining active investing" (no by-line), Profiles, The Australian Business Executive, 27 August 2019 https://theabe.com.au/ec-pohl-ecp-asset-management-chairman-dr-manny-pohl-am-redefining-active-investing/ Retrieved 20 January 2021.
  14. "Court of common council" (PDF). cityoflondon.gov.uk. Retrieved 11 April 2024.
  15. Leng Yeow, "To Queensland and beyond", Manager Spotlight, Independent Financial Advisor, Advisor Issue 121, 6 May 2002, p. 39
  16. Vishal Teckehandani, "A natural stock picker", Manager Spotlight, Independent Financial Advisor, Issue 478, 12–18 October 2009, p. 16
  17. Barrie Dunstan, "Managed funds: How to cut out the nonsense", The Australian Financial Review, 9 December 2009, p. 36
  18. Sally Rose, "Hyperion founder turns to online and retail in family firm", The Australian Financial Review, 19 May 2014
  19. Patrick Commins, "State of play: Next big thing", Smart Investor, October 2010, pp. 24-25 (defunct as of November 2016)
  20. "Dr Manny Pohl: A survivor with a cool head and knack for long-term Investment" (no by-line), Corporate Finance International, Summer Issue, 12 July 2019, pp. 62-63
  21. "ECP Asset Management Chairman & CIO Dr Manny Pohl AM: Redefining active investing" (no by-line), Profiles, The Australia Business Executive, 27 August 2019
  22. Teckehandani, Vishal, ‘A natural stock picker’, Manager Spotlight, Independent Financial Advisor, Issue 478, 12–18 October 2009, p. 16.
  23. “Gold Coast Power and Influence”, Gold Coast Business News, Special Edition, Volume 12, Number 4, October 2014.
  24. Skene, Kathleen, “Power 130: Gold Coast’s 130 Most Influential People”, Gold Coast Bulletin, 25 November 2015, p. 13.
  25. Sally Rose, "Hyperion founder turns to online and retail in family firm", The Australian Financial Review, 19 May 2014 https://www.afr.com/markets/equity-markets/hyperion-founder-turns-to-online-and-retail-in-family-firm-20140519-iuc6t Retrieved 20 January 2021.
  26. https://www.artgallery.nsw.gov.au/collection/works/7318/ and Art Gallery of New South Wales 2016 Year in Review, p. 34, and https://www.artgallery.nsw.gov.au/blog/posts/restoring-a-ramsay/ Retrieved 26 January 2021.
  27. https://www.artgallery.nsw.gov.au/collection/works/4554/ and Art Gallery of New South Wales 2017 Year in Review, p. 69.
  28. https://www.artgallery.nsw.gov.au/collection/works/8659/ and Art Gallery of New South Wales 2018 Year in Review, p. 70, and https://www.artgallery.nsw.gov.au/blog/posts/five-senses/ Retrieved 26 January 2021
  29. EC Pohl & Co is credited as a bronze benefactor 2014-2016 in Culture, magazine of the Arts Centre Gold Coast, Issues 1-8; available https://issuu.com/theartscentregc Retrieved 27 January 2021.
  30. Haas, TC, Ferreira, SM, "Combating Rhino Horn Trafficking: The Need to Disrupt Criminal Networks", PLoS ONE, 11(11), 2016, https://doi.org/10.1371/journal.pone.0167040 Retrieved 28 January 2021.
  31. Foxe, K, "Rhino dehorning programme reduces poaching losses in South Africa", Lonely Planet, 18 July 2018, https://www.lonelyplanet.com/articles/rhino-dehorning-reduces-poaching-losses 28 January 2021.
  32. https://currumbinsanctuary.com.au/wildlife-hospital/Currumbin-Wildlife-Hospital-Trustees Trustees of the Currumbin Wildlife Hospital Foundation retrieved 9 February 2021
  33. "Bushfire Appeal Charity Golf Day to raise funds for Currumbin Wildlife Hospital". www.oceanroadmagazine.com.au. 17 February 2020. Retrieved 28 January 2021.
  34. "Council committees & members". bond.edu.au. Retrieved 29 January 2021.
  35. "Chancellor's Circle". bond.edu.au. Retrieved 29 January 2021.
  36. "Bond's Indigenous Gala raises more than $2.5 million in ten years". bond.edu.au. Retrieved 29 January 2021.
  37. "ECP Asset Management Chairman & CIO Dr Manny Pohl AM: Redefining active investing" (no by-line), Profiles, The Australia Business Executive, 27 August 2019
  38. "Australian Citizenship Amendment Act 1986". www.legislation.gov.au. 24 June 1986.