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PO Box 916,
Milsons Point, NSW 1565

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A fresh approach to value investing in
undiscovered, quality businesses.


"Experienced Asset Managers And Value Investors"


DMXAM comprises an experienced investment team of fundamental value based asset managers. With a  combination of funds management and investment analysis experience, operational skills and expertise, and corporate finance experience.


All senior staff are invested in DMX Capital Partners, and currently own around a third of the fund's assets under management.

Roger Collison


Roger Collison has over 20 years' investment experience as an analyst and fund manager. He has worked both as a Director of Credit Suisse (based in Sydney and London) and as Head of Research at Tyndall Asset Management. At Credit Suisse, he led the firm's global research into building and construction materials and was involved in a range of capital market actions including IPOs, takeovers, placements, and rights issues. While at Credit Suisse, Roger received over twenty industry awards for research. At Tyndall Asset Management, Roger jointly managed a $1.2bn concentrated value fund and a research team of nine.


Roger has advised many of the world's leading institutional investment houses, as well as hedge funds, private equity, sovereign wealth funds, and family offices.


Roger has an honours degree in economics from the University of Sydney, a master?s of business administration from the Australian Graduate School of Management at the University of New South Wales, a graduate diploma of applied corporate governance from Chartered Secretaries Australia, a graduate diploma in applied finance from the Financial Services Institute of Australia.


He is a Chartered Financial Analyst, a Fellow of the Financial Services Institute of Australia, a Fellow of the Chartered Institute of Secretaries, a Fellow of the Governance Institute of Australia" and a Fellow of the Australian Institute of Company Directors. Roger has studied equity valuation at Harvard University, the Ivey Business School of the University of Western Ontario, Columbia University, and the University of Nebraska, Omaha.


Roger's CV is available here: Roger Collison CV


Steven McCarthy

Portfolio Manager

Steven is a qualified accountant and has over 20 years experience in corporate finance, business valuation and advisory services, with extensive analytical, valuation, due diligence and corporate advisory skills. He has had experience across a variety of industries with particular expertise in assessing the performance, future prospects and valuations of small to medium sized, listed and unlisted companies.


Steven has a Bachelor of Commerce (Accounting and Finance), Bachelor of Arts (Economics) and is a CPA.


Steven is a passionate value investor.


Steve's CV is available here: Steve McCarthy CV


Chris Steptoe


Chris has over 19 years of experience trading ASX and NZX small cap equities with a focus on technology. 


In addition to his work with DMXAM, Chris provides research services to Wholesale investors and is a committee member for the Auckland branch of the NZ Shareholder’s Association


Michael Haddad

Investment Strategist

Michael provides bespoke wealth management solutions to wholesale only investors. Previously he was an Executive Director at global equity manager, Peters MacGregor Capital Management, a firm he was at from 2002 to 2018. He has served as a Responsible Manager at Forager Funds Management, and since 2013 has been a director and shareholder of DMXAM’s parent company, DMX Corporation.

Michael has a Bachelor of Management Studies (Honours), and a Graduate Diploma in Accounting & Finance, both from the University of Waikato, New Zealand. He is a CFA Charterholder.