MAFM is a dedicated global manager of agricultural assets and has managed Macquarie’s real asset agricultural fund initiatives since 2003. With over $A1 billion in investment and commitments, we currently manage approximately 3.6 million hectares of farmland.
- Business Type:
- Service provider
- Industry Type:
- Market Focus:
- Globally (various continents)
Macquarie Group is a global provider of banking, financial, advisory, investment and funds management services.
Macquarie's main business focus is making returns by providing a diversified range of services to clients. Macquarie acts on behalf of institutional, corporate and retail clients and counterparties around the world. We have expertise in specific industries, including resources and commodities, energy, financial institutions, infrastructure and real estate.
Macquarie Group Limited is listed in Australia (ASX:MQG; ADR:MQBKY) and is regulated by APRA, the Australian banking regulator, as the owner of Macquarie Bank Limited, an authorised deposit taker. Macquarie also owns a bank in the UK, Macquarie Bank International Limited, which is regulated by the FSA. Macquarie's activities are subject to scrutiny by other regulatory agencies around the world.
Macquarie's management approach fosters an entrepreneurial culture among staff. Strong prudential management is fundamental to this approach. Robust risk management practices are embedded in business unit management with central oversight of credit, market, funding, compliance and operational risk. These, together with a strong and committed team, are key drivers of Macquarie's success.
Founded in 1969, Macquarie now employs more than 13,900 people in 28 countries. At 30 September 2013, Macquarie had assets under management of $US359 billion.
Macquarie's approach to governance, which has remained largely consistent over time, is to:
- promote the long term profitability of Macquarie while prudently managing risk
- drive superior and sustainable shareholder value over the long term through the alignment of the interests of shareholders and staff
- meet stakeholder expectations of sound corporate governance as part of Macquarie’s broader responsibility to clients, shareholders, investors and the communities in which it operates.
Members of the Board and staff are responsible for upholding Macquarie’s Goals and Values.
Macquarie Group Limited is a global financial services provider and its shares are listed on the Australian Securities Exchange (ASX). Macquarie is regulated by the Australian prudential regulator, APRA, as a non-operating holding company of a licensed Australian bank, Macquarie Bank Limited. Macquarie also has subsidiaries that are supervised by regulators in the overseas jurisdictions in which they operate.
Macquarie's corporate governance framework and associated practices are described in the Corporate Governance Statement.
Macquarie Group is a global provider of banking, financial, advisory, investment and funds management services, headquartered in Sydney, Australia.
Internationally, Macquarie’s strategy is to expand selectively, looking for market opportunities where our skills and expertise provide a real advantage to clients. This gives us the ability to respond to the special requirements of individual markets around the world.
As a result, Macquarie now employs more than 13,900 people in 28 countries.
Macquarie has also established alliances with leading local providers in a number of international markets, partnering Macquarie's technical expertise and specialist skills with the market strength of an existing player. View a list of these alliances at International strategic alliances.
Macquarie's operations began in 1969 as merchant bank Hill Samuel Australia (HSA), a subsidiary of Hill Samuel & Co. Limited, London. It opened its doors in Sydney in January 1970 with just three staff. Today, Macquarie provides banking, financial, advisory, investment and funds management services from more than 70 offices around the world.
In 1981, following the deregulation of financial markets, HSA commenced work on a proposal to become a trading bank. HSA was given authority to become Macquarie Bank Limited (MBL) by the Federal Treasurer of Australia on 28 February 1985. It was only the second private trading bank to be established in Australia during the twentieth century.
Macquarie Bank took its name from Lachlan Macquarie, who as Governor of New South Wales transformed the early settlement in Australia from a penal colony into a dynamic economy. His many achievements include the establishment of Australia's first bank and introduction of its first domestic coinage in 1813, the Holey Dollar.
Macquarie's logo is a stylised version of this coin.
Macquarie Bank took over the existing activities of HSA and commenced operations on 1 March 1985 with a retail branch in Sydney. A trading bank branch was opened in Melbourne a few months later and in Brisbane in November 1986.
On 29 July 1996, MBL listed its fully paid ordinary shares on the Australian Securities Exchange (ASX) and on 30 October 1996 entered the ASX's All Ordinaries Index with a market capitalisation of approximately $A1.3 billion.
Our six principles
Macquarie aspires to be a pre-eminent provider of financial services over the long haul. We recognise that, however our achievements to date are judged, the quest for improvement is never ending. The Macquarie culture is represented by the way in which we act and work together.
The values to which we aspire can be summarised in six principles:
- Client commitment
- Strive for profitability
- Fulfilment for our people
- Highest standards
Our commitment to these six principles is vital for continued growth and prosperity.