QAV AU 833 — Clime: A Masterclass with John Abernethy

by Cameron Reilly | Aug 19, 2025 | Australia, Blog, Investing Podcast, Podcast Episodes

In this episode, Tony and Cameron sit down with John Aber­nethy, vet­er­an investor and founder of Clime Invest­ment Man­age­ment, for an in-depth con­ver­sa­tion about val­ue invest­ing, funds man­age­ment, and the evo­lu­tion of Australia’s finan­cial indus­try. John shares sto­ries from his ear­ly days at NRMA in the 1980s, the influ­ence of War­ren Buffett’s phi­los­o­phy, and the cre­ative use of con­vert­ible notes to bridge val­ue gaps. He explains how Clime evolved into a $1.6 bil­lion mul­ti-asset man­ag­er, why self-fund­ing com­pa­nies like Nick Scali are rare gems, and the chal­lenges of today’s funds man­age­ment envi­ron­ment. The dis­cus­sion also cov­ers the rise of man­aged invest­ment accounts, the impor­tance of div­i­dends, macro­eco­nom­ic forces, and Clime’s cur­rent offer­ings on the ASX.