Macquarie chief seeks growth after tough year and investor jitters

Macquarie Chief Focuses on Growth After Challenging Year

Macquarie chief executive Shemara Wikramanayake has committed to prioritizing organic growth and expanding further into private market investments. This move aims to overcome a difficult year marked by investor concerns about the company's earnings.

Financial Performance and Market Reaction

Macquarie’s interim profits fell approximately 12% short of market expectations. While higher performance fees from its asset management division offered some support, this was offset by a significant writedown of offshore wind assets and a decline in earnings from the commodities arm.

Impact on Share Price

The disappointing results triggered a decline in Macquarie's share price, reflecting investor unease about its earnings prospects.

Additional Information

The company continues to operate as both an asset manager and investment bank, navigating challenges in multiple sectors.

"Macquarie chief executive Shemara Wikramanayake has vowed to prioritise organic growth and make further inroads in private market investments, as she seeks to shrug off a tough year and investor worries over the company’s earnings prospects."
"The asset manager and investment bank’s interim profits were about 12 per cent below market expectations, with higher performance fees from its asset management division overshadowed by the writedown of offshore wind assets and weaker commodities income."

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Summary: Macquarie’s CEO aims to drive growth through organic expansion and private investments to recover from a tough financial year marked by asset writedowns and lower commodity earnings.

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Australian Financial Review Australian Financial Review — 2025-11-07

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