Macquarie CEO Counts on Volatility to Return After Profit Hit

Macquarie Group Ltd. Chief Executive Officer Shemara Wikramanayake said history tells us that volatility in commodities markets will likely pick up again after profit took a hit from a lack of swings in areas from gas to oil.

“We’ve been in commodity markets for multiple decades and they don’t tend to stay subdued across all commodities for years in a row,” she said in a phone interview on Friday. After shorter periods where things are more benign, activity lifts again where you “typically have a dislocation happen somewhere,” she said.