What We Do

If you were to sit with us for a day, you'd notice that our work is not loud, flashy or hurried. It's quiet, steady and deeply focused.

We spend most of our time thinking — about businesses, about risks, about incentives, about long‑term economics and about how to make sensible decisions with the capital entrusted to us.

That is the heart of what we do.

Rothman Ashbury Asset Management Pty Ltd is a private single‑family office. We manage only one pool of capital: the family's. We do not manage external money, we do not offer services to the public and we do not promote investment products. Everything we do is inward‑facing, long‑term and grounded in the principles of rational ownership.

Our Investment Universe

Our work spans a wide universe of possibilities. We study listed companies across Australia and around the world — businesses in sectors as varied as consumer staples, industrials, financials, healthcare, technology, energy, utilities, telecommunications, transportation, infrastructure, real estate and materials.

We look at companies that make toothpaste, companies that build bridges, companies that run airports, companies that design software and companies that keep the lights on. If a business produces something useful, earns good returns on capital and has a durable competitive advantage, it earns a place on our radar.

We also look beyond listed markets. Our universe includes residential and commercial property, industrial property, agricultural land, infrastructure assets, private equity opportunities and occasionally alternative investments when they serve a clear purpose.

We may invest in bonds — government, corporate or otherwise — when they offer a sensible balance of safety and return. And from time to time, we may use derivatives such as call or put options, not for speculation, but for risk management or strategic positioning when the odds are clearly in our favour.

Capital Allocation

But studying is only half the work.

The other half is deciding how to allocate capital among these possibilities. We do not follow rigid formulas or mechanical models. Instead, we use a simple, common‑sense approach: we look for the most attractive opportunities available to us at any given time and we size our positions according to their risk, their quality and our level of conviction.

Our asset allocation is guided by a few principles. We prefer to own productive assets — businesses that generate cash and can reinvest it at good rates of return. We maintain flexibility so we can act when opportunities arise. We avoid excessive leverage because it can turn temporary volatility into permanent loss.

And we keep a margin of safety in everything we do, whether we are buying shares, evaluating a property, or considering a private investment.

Security Selection

Security selection — choosing what to own — follows the same philosophy. We look for businesses with strong economics, honest and capable management, durable competitive advantages and sensible capital allocation. We prefer companies that treat shareholders like partners and that think in decades rather than quarters. We study balance sheets, income statements, industry dynamics, competitive positioning and long‑term prospects. And we only act when the price gives us a margin of safety.

The Quieter Work

We also spend time doing the quieter work that a family office requires: record‑keeping, risk oversight, governance, reporting, tax coordination and long‑term planning. These tasks may not be glamorous, but they are essential. Good stewardship is not just about making investments; it is about managing the entire financial ecosystem of the family with care and clarity.

Everything we do is guided by one idea: make rational, long‑term decisions that strengthen the family's financial position over time. We do not chase fads, forecasts or fashionable narratives.

And because we are a private single‑family office, we do not accept external clients, external capital or external enquiries about financial products or services. Our work is for the family alone — steady, thoughtful and built to endure.