Obituary - Greg Jones
Greg hasn't been seen around the industry for a long time, due to poor health. However, he has left a mark of the industry, especially around absolute returns as an investment strategy. Talking to his friends and peers he was held in high regard and considered one of the most "authentic" people in the industry.
One memory is of how Greg and his colleagues scoured the world looking of investment talent. These overseas trips were followed up with lengthy, and informative reports.
The following largely comes from an article which was published in the INFINZ journal a number of years ago. I think is sums Greg's legacy well.
In 1991, Jones and his cousin David founded New Zealand Asset Management (NZAM), after the 1987 crash and resulting recession in New Zealand had destroyed investor confidence in the stock market and depressed the availability of cash in general.
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