Macquarie Group has surplus capital on the balance sheet and continues
to seek businesses which meet its acquisition criteria, as chief
executive Nicholas Moore highlighted at the annual general meeting of
Australia's only listed investment bank in July. In the wake of the
financial crisis, the group made successful acquisitions in funds
management but – with its sharp eye on shareholder value and the
risk-return equation – finds quality assets are in short supply.
Volatile times may have impacted on the home-grown financial giant,
which now operates in 28 countries, but as Moore explains in an
exclusive interview with Knowledge@Australian School of Business,
Macquarie's risk management framework has served it well through a range