Wattle Partners - Market Thinkers Series

As a change of pace in our third season, we will be taking a slightly different tack, discussing some of the biggest issues and concerns facing investors today, but with a particular tilt towards retirement.For this session we speak with Nick Langley, Portfolio Manager at ClearBridge Investments, who has spent a career investing in the infrastructure sector. In a wide ranging conversation we discuss the income diversification benefit from infrastructure assets, assess the risk of inflation and understand the role of infrastructure in the decarbonisation of the global economy.General Advice Disclosure: This podcast is General Advice only. We have not considered investors' personal or individual circumstances. All listeners should seek professional advice before acting on any recommendation.

As a change of pace in our third season, we will be taking a slightly different tack, discussing some of the biggest issues and concerns facing investors today, but with a particular tilt towards retirement.For this session we speak with Sophie Monsour and Rob Morrison of Barwon Investment Partners. In a wide ranging conversation we cover everything from the risk of relying solely on dividends for retirement income, the unique opportunity set in healthcare-related property and some of the technological and societal tailwinds supporting the sector.General Advice Disclosure: This podcast is General Advice only. We have not considered investors' personal or individual circumstances. All listeners should seek professional advice before acting on any recommendation.

As a change of pace in our third season, we will be taking a slightly different tack, discussing some of the biggest issues and concerns facing investors today, but with a particular tilt towards retirement.For this session we speak with Mark Smith, of NEO Super, who is best described as an SMSF ‘lifer'. Mark has been involved in the SMSF sector for several decades, assisting trustees and advisers to navigate the complex array of regulation whilst harnessing the benefits it affords in the form of transparency and control.General Advice Disclosure: This podcast is General Advice only. We have not considered investors' personal or individual circumstances. All listeners should seek professional advice before acting on any recommendation.

As a change of pace in our third season, we will be taking a slightly different tack, discussing some of the biggest issues and concerns facing investors today, but with a particular tilt towards retirement.For this session we speak with Simon Redman of Invesco Global Real Estate. In this session we focus on the role of commercial property within client portfolios, the outlook for CBDs and retail assets and the differences between an institutional and retail approach to investing into real estate.General Advice Disclosure: This podcast is General Advice only. We have not considered investors' personal or individual circumstances. All listeners should seek professional advice before acting on any recommendation.

As a change of pace in our third season, we will be taking a slightly different tack, discussing some of the biggest issues and concerns facing investors today, but with a particular tilt towards retirement.For this session we speak with Qiao Ma, Portfolio Manager of the Cooper Investors Asian Equities Fund. China has been at the centre of headlines throughout 2021, yet despite the volatility it stands out as the most likely source of long-term economic, earnings and capital growth. The discussion covers everything from the unique cultural differences required to understand the Asian markets, the unique digitally native Asian consumer and the importance of investing in founder led businesses.General Advice Disclosure: This podcast is General Advice only. We have not considered investors' personal or individual circumstances. All listeners should seek professional advice before acting on any recommendation.

As a change of pace in our third season, we will be taking a slightly different tack, discussing some of the biggest issues and concerns facing investors today, but with a particular tilt towards retirement.For this session we speak with Andrew Lockhart, the founder of multibillion non-bank lender Metrics Credit Partners. In this session we focus on income and the unique diversification benefits afforded by the fast growing credit sector. The discussion covers the events of 2020 and their impact on dividends, the role of credit as an alternative source of income and the role of due diligence in capital protection.General Advice Disclosure: This podcast is General Advice only. We have not considered investors' personal or individual circumstances. All listeners should seek professional advice before acting on any recommendation.

As a change of pace in our third season, we will be taking a slightly different tack, discussing some of the biggest issues and concerns facing investors today, but with a particular tilt towards retirement.For this session we speak with the founder of Modern Monetary Theory, Professor William Mitchell. In a wide ranging discussion we discuss what may well be the most important input into retirement outcomes; government policy. The discussion covers the basics of MMT, debunking the fear of government debt and the investment implications for investors.General Advice Disclosure: This podcast is General Advice only. We have not considered investors' personal or individual circumstances. All listeners should seek professional advice before acting on any recommendation.

As a change of pace in our third season, we will be taking a slightly different track, discussing some of the biggest issues and concerns facing investors today, but with a particular tilt towards retirement.For this session, we are speaking with Dushko Bajic, of First Sentier. At Wattle we summarise investing quite simply, being I + G = R, or income plus growth equals your total return. Not unique by any means, but the G is too regularly overlooked. This session is all about growth and its importance for investors in achieving their retirement objectives.General Advice Disclosure: This podcast is General Advice only. We have not considered investors' personal or individual circumstances. All listeners should seek professional advice before acting on any recommendation.

For season two of our Market Thinkers series, we focus on identifying and understanding the most powerful, demographic, societal, and technological themes occurring in the global economy right now.Big data, cloud computing, artificial intelligence and automation. All are central to the digitisation trend but what do they have in common? They all rely upon and leverage the ‘cloud'. In this session, Jamie and Drew catch up with Portfolio Manager at Firetrail Investments, Matt Fist to discuss the integral importance of the cloud and its impact on the future of the economy.General Advice Disclosure: This podcast is General Advice only. We have not considered investors' personal or individual circumstances. All listeners should seek professional advice before acting on any recommendation.

For season two of our Market Thinkers series, we focus on identifying and understanding the most powerful, demographic, societal, and technological themes occurring in the global economy right now.This session, with Dave Wanis of Longwave capital dives into the fast-evolving world of retail spending, shopping and experiences amid the digital revolution. Talk of the death of retail has been overstated. Despite the headlines, online sales remain less than 10% of the total. In this session, we speak with David Wanis of Longwave Capital, to discuss the evolution of retail in a digital world. General Advice Disclosure: This podcast is General Advice only. We have not considered investors' personal or individual circumstances. All listeners should seek professional advice before acting on any recommendation.

For season two of our Market Thinkers series, we focus on identifying and understanding the most powerful, demographic, societal, and technological themes occurring in the global economy right now.This session, with Chris Joye of Coolabah Capital, seeks to take stock of the events of 2020 and where everything from interest rates to property prices are heading. Extraordinary times call for extraordinary measures. In this session with Chris Joye of Coolabah Capital we discuss the evolving nature of monetary and fiscal policy in Australia whilst seeking to understand what's driving property prices.General Advice Disclosure: This podcast is General Advice only. We have not considered investors' personal or individual circumstances. All listeners should seek professional advice before acting on any recommendation.

For season two of our Market Thinkers series, we focus on identifying and understanding the most powerful, demographic, societal, and technological themes occurring in the global economy right now. This session, with Nick Griffin of Munro Partners, covers the emerging battleground in technology supremacy, high-performance computing, and semiconductors. Nearly every digital theme relies upon computing power, whether it is autonomous driving, artificial intelligence or cloud computing. In this session, we discuss why the future of the digital economy lies in Taiwan. General Advice Disclosure: This podcast is General Advice only. We have not considered investors' personal or individual circumstances. All listeners should seek professional advice before acting on any recommendation.

For season two of our Market Thinkers series, we focus on identifying and understanding the most powerful, demographic, societal and technological themes occurring the global economy right now. This session, with Tobias Bucks and Simon Wood, co-managers of the Ausbil Global Small Cap Fund covers the incredible opportunities emerging in the cleaner and renewable energy sector. We cover everything from batteries to solar panels, converters and the businesses funding the green economy. General Advice Disclosure: This podcast is General Advice only. We have not considered investors personal or individual circumstances. All listeners should seek professional advice before acting on any recommendation.

For season two of our Market Thinkers series, we focus on identifying and understanding the most powerful, demographic, societal and technological themes occurring the global economy right now. This session, with Francyne Mu, Portfolio Manager of the award winning Franklin Global Growth Fund, covers the fast evolving e-commerce space. We cover everything from the recent growth in e-commerce sales, global penetration and those sectors and companies set to benefit most. General Advice Disclosure: This podcast is General Advice only. We have not considered investors personal or individual circumstances. All listeners should seek professional advice before acting on any recommendation.

For season two of our Market Thinkers series, we focus on identifying and understanding the most powerful, demographic, societal and technological themes occurring the global economy right now. Our first session, with Henrik Andersson of Apollo Capital and Michael Armitage of Fundlab, covers the fast-growing and evolving cryptocurrency or digital asset sector. We cover everything from understand blockchain technology and it's everyday uses, to the value of decentralised finance and smart contracts. General Advice Disclosure: This podcast is General Advice only. We have not considered investors personal or individual circumstances. All listeners should seek professional advice before acting on any recommendation.

For season two of our Market Thinkers series, we focus on identifying and understanding the most powerful, demographic, societal and technological themes occurring the global economy right now. Our first session, with Sunny Bangia of Antipodes Partners, covers the booming Asian Middle Class and the opportunities this is affording e-commerce, fintech and other consumer-focused sectors in the region.General Advice Disclosure: This podcast is General Advice only. We have not considered investors personal or individual circumstances. All listeners should seek professional advice before acting on any recommendation.

The future is East – Why Asia will be the growth driver of the global economyIf it was not clear before the pandemic, it is now; Asia is will be a key driver of the global economy for decades to come. Whether it is the booming middle class, including China and India, the resultant changes in consumption patterns or the continued urbanization the trend is not slowing. Yet Asia remains underweight in most investment portfolios and many experts continue to apply developed market experiences into a region that requires greater nuance. Platinum Asset Management were an early mover into Asia, with their specialist Asia Fund established in 2003 offering unique insights into the long-term evolution of the region. In this session, Portfolio Manager Dr Joseph Lai will highlight how the changing economic order is offering great opportunities in Asia at a time when developed countries are facing higher debt levels and lower growth.General Advice Disclosure: This podcast is General Advice only. We have not considered investors personal or individual circumstances. All listeners should seek professional advice before acting on any recommendation.

With all attention focused on the ubiquitous FANGS, there is a rapidly expanding group of fast-growing companies seeking to disrupt the original disrupters. By and large these companies are nimble, technology-enabled and targeted huge and growing addressable audiences through user friendly concepts, products or services. Yet most of these faster growing companies lie outside of the eyes of the major investors, in the mid-to-large cap space, where valuations range from $2 billion to $10 billion in market cap. Whilst small globally, these are large businesses in Australian terms and including anything from music streaming platforms, to asset managers and payment processors. In this session, we will discuss how Franklin Templeton has delivered incredible returns by looking outside the well-known names and looking for the next ‘Amazon' or ‘Google'.General Advice Disclosure: This podcast is General Advice only. We have not considered investors personal or individual circumstances. All listeners should seek professional advice before acting on any recommendation.

Can credit replace lost dividends? 2020 has seen term deposit rates fall below 1% and dividend cuts hit the core sources of income of most investors. The lasting impacts of the pandemic means that the high yields of the past will likely take some time to return, whilst central bank policy suggests interest rates may not increase for several years. In this environment, where should investors be looking for income? The Australian corporate bond and credit sector has seen substantial growth in recent years and may be the solution. The combination of legislated, rather than discretionary, interest payments and security over a business' assets has seen institutional investors flock to the sector. In this session, we will discuss the benefits and drawbacks of the sector and what investors should expect in the year ahead.General Advice Disclosure: This podcast is General Advice only. We have not considered investors personal or individual circumstances. All listeners should seek professional advice before acting on any recommendation.

Despite leading all asset class returns over the last three years, gold bullion remains misunderstood and underappreciated as an investment. After reaching all-time highs in 2020, the precious metal is becoming more common in portfolios for its ability to hedge against volatility. With income starved investors potentially facing negative interest rates, gold stands out as one of the very few truly alternative assets. But what does this mean? And why is it important? In this session we will discuss the growing importance and changing nature of gold bullion in portfolios and the less considered currency or inflation risks.General Advice Disclosure: This podcast is General Advice only. We have not considered investors personal or individual circumstances. All listeners should seek professional advice before acting on any recommendation.

Pandemics, money printing and property pricesCOVID-19 has once exposed to the frailties and inaccuracies of forecasting and long-term economic assumptions. Yet for regular readers of his column, Christopher Joye, of Coolabah Capital stands out as one of the few experts with a knack for understanding the quickly evolving conditions and how they will impact both investors and the economy. In this session Chris will cover everything from how his many years in studying bond prices supported accurate predictions of COVID-19 infections and how this can be applied to both property prices and investments markets. We will discuss the evolution of monetary and fiscal policy in Australia and what this means as investors in 2020 and beyond.General Advice Disclosure: This podcast is General Advice only. We have not considered investors personal or individual circumstances. All listeners should seek professional advice before acting on any recommendation.

The Digitisation Theme is just beginning.....Microsoft CEO Satya Nadella was quoted in the middle of the pandemic saying that “Microsoft has seen two years' worth of digital transformation in just two months”. And this was only at the beginning. Whether COVID-19 changes our lives completely is yet to be seen, what we do know now though, is that the digitization trend is only just beginning. This starts as simply as traditional retailers opening e-commerce stores, but expands into businesses operating in the cloud, video-conferencing via Zoom, using data analysis and artificial intelligence to shorten the delivery time of your dinner, and most importantly into digital payments. In this session, we will discuss the core themes emerging from the digitization of the world and why this is only the beginning.

With global investors fixated on big technology companies or the fast-growing emerging markets, one of the most important parts of the global economy is being ignored; smaller companies. The pandemic has had far-reaching implications for business, with the success of emerging markets like China in combatting the virus seeing investors flock to their shores. Yet with geopolitical risk surrounding China and an expected global shift in supply chains away from the region, should investors be looking closer to the original homes of manufacturing and technology. In this session we will discuss how global smaller companies, around $2 billion market cap, are becoming the next emerging market and offer growth prospects more closely linked to a post-pandemic recovery.

The 30-year collapse in interest rates has delivered exceptional returns to investors as the value of their bonds has increased. Yet with money printing and Quantitative Easing (QE) occurring across the globe, experts are growing increasingly concerned about inflation in the years to come. As inflation increases, so do interest rates, potentially resulting in capital losses on traditional long-term Government bond investments. Yet as March exhibited, Government bonds continue to offer protection in periods of market volatility. In this session we will discuss an alternative approach to investing into low-risk bonds and how you can achieve both consistent income (above 1%) and some capital growth regardless of movements in interest rates.The information contained on this web site is general in nature and does not take into account your personal situation. You should consider whether the information is appropriate to your needs, and where appropriate, seek professional advice from a financial adviser.

With sharemarkets having recovered strongly from the March sell-off, breaching all-time highs, and traditional low risk assets like bonds and term deposits offering sub 1% returns, diversification has never been more important. Despite their popularity with industry super funds and other professional investors, private or ‘alternative' investments remain underweight in most portfolios. Private markets tend to be less volatile but require more patience and offer exposure to more diverse businesses or assets than those available on the ASX. In this session we will discuss the sector in general and the individual pockets of value emerging in a seemingly overvalued world.The information contained on this web site is general in nature and does not take into account your personal situation. You should consider whether the information is appropriate to your needs, and where appropriate, seek professional advice from a financial adviser.

The post-pandemic recovery has seen a ramping up of environmentally conscious Government policy and business practices. The ECBs lauded $750 billion Recovery Package has been explicitly tied to individual countries aligning with the EUs ‘Green Deal' to promote more sustainable business practices. On the other hand, presidential hopeful Joe Biden has outlined a $2 trillion renewable energy investment mandate and net zero carbon emission target for the US by 2050. In this session, we will discuss the wide-ranging opportunities for investors across renewable energy, industrial efficiency, artificial intelligence, digitization, and advanced materials as the world seeks to enter a period of greater environment sustainability.The information contained on this web site is general in nature and does not take into account your personal situation. You should consider whether the information is appropriate to your needs, and where appropriate, seek professional advice from a financial adviser.

Has COVID-19 changed the way we live and work forever? Many parts of our daily lives will change. Be it working from home more, reducing travel or changing the way we consume goods and spend our time. This will have far reaching implications for the economy, but particularly traditional infrastructure assets like airports and toll roads. Yet with change comes opportunity. The way we consume energy, purchase goods and interact with each other has evolved much quicker than anyone expected. In this session, we will discuss the outlook for traditional infrastructure assets including electricity grids, power generation and transport and outline why telecommunications (including 5G) and renewable energy assets warrant further consideration.The information contained on this web site is general in nature and does not take into account your personal situation. You should consider whether the information is appropriate to your needs, and where appropriate, seek professional advice from a financial adviser.