Back to base pyramid, looking for the real needs
The world is increasingly focused on resilience, security, and strategic self-sufficiency. Capital is progressively flowing back to foundational needs such as critical energy infrastructure and defence.
Navigating uncertainty, finding opportunity
As we move into the second half of 2025, volatility remains elevated but so too does opportunity. The view from the investment coalface can be gleaned from the underlying managers of the Third Link Growth Fund, which are navigating a highly dynamic environment.
Commodity contrarian sees a sector on the cusp of a climb
Adam Rozencwajg has been to Australia many times, looking for under-valued mining and oil and gas stocks for his portfolio: and there’s nothing he loves more than getting out among the red soil, the ore trucks, the pits, shafts and processing plants, and the high-vis clothing. But this time, he was looking for investors.
Different paths to equity income: A comparative manager lens
As investor demand for stable equity-derived income rises – particularly among retirees and defensive portfolios – fund managers have taken diverging paths to meet the same goal. But not all equity income strategies are created equal.
The art of investing: Why fundamentals, not fashion, will win the next cycle
Paul Moore, chief investment officer of PM Capital, has never been shy about challenging market orthodoxy; and at a recent lunch hosted by The Inside Network, he was in iconoclastic form.
Specialisation, scarcity and staying power: Inside high-conviction investing
In an industry obsessed with breadth, Cooper Investors’ Endeavour Fund is doubling down on depth and specialisation.
Once in a decade: The return of real value
Reece Birtles doesn’t see value investing as a relic. Far from it. The chief investment officer at Martin Currie Australia believes the strategy is not only relevant in today’s market — it’s poised for a resurgence.
New global small-caps fund targets wholesale, retail investors
A new offering for “mums and dads” from Warakirri Asset Management has an investment strategy that focuses on recent changes at a company that the market might have failed to appreciate.
The case against complacency: Why the S&P/ASX 200 is holding advisers back
Dion Hershan, head of Australian equities at Yarra Capital Management, doesn’t believe in sugar-coating market narratives. His message to The Inside Network’s recent Equities and Growth Symposium was that the main Australian sharemarket index was "broken."
Process first: The compounding power of consistency and curiosity
In a profession where egos inflate as easily as bubbles, Trent Masters, portfolio manager at Alphinity Investment Management, brings a refreshing combination of humility, process discipline, and wide-eyed curiosity.
Australian small-caps: Benchmarks, fees and a quant’s playground
At the recent Investment Leaders Forum, Scott Bennett brought data, deadpan wit, and a surprisingly sharp message for anyone paying passive fees in small caps.
Sustainable investing: Two paths to a common destination
Sustainable investing is increasingly recognised as the practice of incorporating environmental, social and governance (ESG) factors into investment decision-making for stocks and bonds. AXA Investment Managers’ Global Sustainable Equity strategy, which will celebrate 11 years in operation in August 2025, interprets the term ‘sustainable’ through two distinct paths: the sustainability of companies’ earnings and the integration of ESG...
The ‘magnificent’ compression: What a P/E reset means for growth investors
For several years, investors, from institutional to retail, couldn’t get enough of the tech stocks with all their promises of future growth. But now the market has spoken and it’s saying precisely this – valuations matter again.
Small caps boasting a ‘moat’ can enjoy long-term outperformance
The dominance of the share market’s heavyweights over the past three years is making valuations further down the line look attractive again.
Craft, curiosity and capital: Inside the Cooper Investors Endeavour Fund
It’s easy to forget, when listening to Marcus Guzzardi and Geoff Di Felice speak about investing, that their job is fundamentally about numbers. Not because they ignore the maths – on the contrary, both men are steeped in detail – but because the way they describe their work sounds more like anthropology than asset management.
The golden age for active management in Australia
At a time when the asset management industry seems to be gravitating inexorably toward passive investing – with low-cost ETFs pulling in record inflows and active managers nursing bruises from underperformance – Tim Carleton, chief investment officer at Auscap Asset Management, offered a bold counter-narrative at the Investment Leaders Forum in Byron Bay.
As US small-caps tumble, long-term opportunities emerge
The first quarter of 2025 was a challenging one for US equities, but Francis Gannon from Royce Investment Partners, part of Franklin Templeton group of companies, says the conditions for small-caps to flourish may be forming.
Europe becomes flavour of the month as US equities hit a roadblock
Investors are right to diversify overseas. What they must remember is, it’s not just a US story focused on the 'Magnificent Seven.'
Long-only versus long-short: which wins?
It's the showdown of the equities funds management world: not value vs. growth, but long-only versus long-short. Do long-only managers fight with one hand pinned behind their backs, as their long-short counterparts assert? We tested a random pair.
Market concentration, macro headwinds slam active managers in 2024
In case any active managers needed reminding, asset consulting firm Frontier Advisors has confirmed that 2024 was the most challenging year for global active equity managers in more than two decades.
