The moment Ausbil chief investment officer Paul Xiradis was revealed as a turbo bull for Firmus , rival investors did a double take. This seemed a strange pre-IPO investment for Ausbil and its $22 billion under management.
But Xiradis had also bought shares for himself in Oliver Curtis and Tim Rosenfield ’s data centre company. That is increasingly a “no-no” for conflict-averse fundies who usually plough their spare pocket change into the funds they manage.
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