Kapstream’s listed trust is trading on its neighbours’ problems
Units in the Kapstream Investment Trust have slipped to a discount of around 18 per cent to the value of their underlying loans, a gap that could resemble sector contagion above being a judgement on what the trust owns.
The defensive asset class that is trading at a discount
Cohen & Steers’ Michelle Butler says listed infrastructure has averaged a 7 per cent premium to global equities over 20 years and sits at a 15 per cent...
What the index shows us domestic bias in client portfolios
Sean Freer, Director, Global Exchange Indices at S&P Dow Jones Indices (S&P DJI), says franking remains the strongest reason Australian investors stay close to...
How secondaries are unlocking evergreen fund liquidity
Duration is the engine of private market returns, but for open-ended evergreen funds, it can create a structural liquidity problem. Secondaries compress that duration, turning the promise of liquidity into more predictable tools for recycling and compounding.
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Why emerging markets demand a contrarian, selective mindset
Emerging markets remain one of the world's largest opportunity sets. So why are investors still overlooking them today?
What a big bank teaches you about being a better adviser
Alex Thompson left a career in institutional banking to advise private clients at Viola Private Wealth, and found that the discipline forged in markets...
Jennifer Goldsworthy's vision for advice is unmistakably her own
Jennifer Goldsworthy stumbled into financial planning on a deal with her father at 17. Two decades on, she owns the financial planning business and has rebuilt...
Integro’s buy and build strategy reaches Queensland
Managing partner Justin Gilmour sees growing demand in Queensland from high-net-worth individuals, business owners and families, with acquisitions across three...
Capital Group's systems and the rhythm of your practice
Capital Group’s incoming chief information officer arrives in November from a global bank rather than another fund manager, and his appointment gives...
Higher for longer: capital scarcity is boosting yields in core infrastructure
Ares Wealth Management Solutions’ Teiki Benveniste says some investors may continue to value core infrastructure on the yield environment that prevailed...
Why Syndicated Loans deserve a place in the income conversation for high-net-worth investors
Global syndicated loans offer high-net-worth investors floating rate income, senior secured protection and daily liquidity, a large, established institutional...
Not all private credit is created equal
Zagga’s Alan Greenstein says Asian capital that once avoided Australian real estate private credit, on the view it was not priced for the risk, is returning...
Longer retirements are forcing a rethink of how drawdown portfolios get built
Russell Investments' Neil Rogan outlines a retirement income strategy that splits client assets across three time horizons, addressing sequencing risk and...
Structure comes first: a fundamental shift in advice
KeyInvest’s Jarrad Gray says grandparents increasingly ask how to vest money to grandchildren, and investment bonds answer with flexibility, control and...
The number nobody tells you: why your fund's return isn't your return
Morningstar’s investor return gap shows fund returns and investor returns diverge, and advisers should measure both time-weighted and money-weighted outcomes.
The next generation of wealth will choose its own adviser
SIAA's 2026 report says the advice profession's silence about its own standards is costing it relevance, just as the $5 trillion wealth transfer to women...
Six cold calling lessons every adviser should know
Capital Conversations guests who have raised billions share six cold calling lessons, from warm introductions and research to rehearsal, plus three call...
What the trade data says about BRICS+ ambitions
Kim Catechis, senior investment strategist at the Franklin Templeton Institute, argues that BRICS+ has become more representative and less able to act together...
Reporting season favoured delivery over promise
Datt Capital's Emanuel Datt says reporting season split the market into companies funding their own growth and those still asking shareholders to fund an...
Concentration in the S&P 500 is an outcome, not a design choice
S&P Dow Jones Indices’ Amit Pathak says the index’s top 10 weight has more than doubled in a decade because US earnings concentrated first, and that the...
Strategy access over structure debate | INSight #504 with Alex Edwards from Centennial
Centennial’s Alex Edwards says listed versus unlisted turns on strategy access, and infill metro industrial strategies are probably unavailable through...
What wealthy families value with Denis Orrock and Grant Patterson
For Australia’s wealthy, strong returns are expected, but they are rarely the reason an advice relationship lasts. Drawing on Praemium’s inaugural...
Tools, enablers and beneficiaries with Anshu Sharma from Loftus Peak
Loftus Peak’s Anshu Sharma makes the case that disruption is a continuum rolling through every industry rather than a technology trade, and explains why...
From Future Proof to Wall Street, advisers get a preview of the next era of advice
Across California and New York, the INUSA Study Tour takes Australian advisers through AI, private credit and infrastructure, with one conclusion: clients keep...
Greg Bright’s history of super charts the system’s coming of age
Our Money in Their Hands, the late Greg Bright’s account of how Australian superannuation was built, has been launched in Sydney, with Sheridan Lee of Shed...
Challenger says no: why the business of funding retirement is so prized
Challenger rejects an $11.80 a share takeover approach from TAL, but the bid highlights why retirement income is a steady growth story, driven by an ageing...
Coles (ASX:COL) share price sinks 12% on weaker sales growth in FY27 Q1 sales
The Coles Group Ltd (ASX:COL) share price is down 12% after the company announced its FY27 first quarter update.