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Brilliant Investment Thinking by Advisers for Advisers.
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A framework for understanding alternative investments

Alternative investments have well and truly left the fringes of the investment world and settled into the mainstream. But what exactly are they?

Volatility as an asset class: Rethinking defensive allocation in modern portfolios

The asymmetric link between equities and volatility can deliver positive returns during periods of market stress, in what's been called “crisis alpha.”

Primaries take the lead: How Rachael Lockyer sees the future of private equity

Amid an evolving landscape, increasingly crowded with capital and complexity, the true engine of private equity value remains unchanged: it's early entry and...

Alternatives: Portfolio weighting depends on investor’s risk appetite

This asset class almost defies definition, running the gamut of private equity and credit to collectibles, commodities, hedge funds, and, most recently, NFTs...

Private credit’s next frontier: Gary Lin on the unfolding opportunity for advisers

Private credit should not be thought of as a niche satellite allocation, but as a core component of diversified income portfolios.

Mapping opportunities of metro and regional health property investments

Specialist healthcare property benefits from the differentiated investment exposure and lower correlation with other property sectors. Within this, balancing...

Private credit: Balancing income, risk and manager selection in client portfolios

Private credit can meet core client objectives if it is approached with discipline, transparency and a deep understanding of both the manager and the...

De-dollarisation: Is it the Australian bond market's coming-of-age moment?

The global credit market is being quietly but fundamentally re-priced. There are signs that the long, comfortable era in which the US dollar’s reserve status...

The credit sweet spot: Building resilient income portfolios

Private credit is often positioned as a high-yielding alternative to traditional fixed income, but for Teiki Benveniste, head of Australia and New Zealand at...

The end of the (government debt) world as we know it?

When Bridgewater Associates founder Ray Dalio speaks, the investment world usually takes note. He certainly gave the markets food for thought last week.

Infrastructure at a crossroads: Investing for scale and society

Infrastructure is the backbone of modern economies, delivering the energy, transport, digital networks and healthcare facilities without which societies cannot...

Does active management really protect on the downside?

To examine this proposition, we compare the randomly chosen First Sentier Wholesale Australian Share Fund and the Pendal Focus Australian Share Fund across...

Rethinking private credit for income and defensive portfolios

With many investors now rethinking the income and defensive allocations of their portfolios, private credit can potentially play a bigger role beyond...

Rethinking defensive income: Diversification no longer just a buzzword

The days when defensive assets equalled government and corporate bonds are gone. Today, investors wanting income while preserving capital must adopt a more...