In this episode, David speaks with John Murray of Perennial, an Australian Funds Management Hall of Famer. They discuss John's background and career to date, his investment outlook, the challenges that fund managers face, as well as the key areas that he identifies as opportunities in the current environment.

John started his career like many successful Australian fund managers by obtaining his CA. He began within Price Waterhouse's (Now PWC) Auditing & Insolvency division and from there pursued a path as a credit analyst at Bankers Trust Australia before moving into funds management in the 1990s. Other key roles include Head of Equities at Perpetual Investments, Senior Portfolio Manager at Maple-Brown Abbott and Investment Director, Australian Shares at Westpac Investment Management.

John founded Perennial Value Management and commenced business in March 2000. In October 2014, he was inducted into the Australian Fund Managers Hall of Fame.