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Brilliant Investment Thinking by Advisers for Advisers.
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Asset-backed lending: Private credit's next frontier

Asset-based lending (ABL) is the US$20 trillion next frontier of private credit, and it's growing, as very high-quality assets leave the banking system and...

Alternatives under scrutiny: Unpacking the opportunities and risks

The landscape for alternative investments in Australia is expanding rapidly, and with it comes both opportunity and complexity, says research house SQM.

Skin in the game and the value of distraction-free credit

While the debate around private credit continues to split views among advisers, the question of alignment could be the most important one a client or adviser...

Beware today’s 20-year corporate bonds: Yarra Capital

Bond investors should consider if they are getting a sufficient return for the level of risk taken. For Yarra Capital's Phil Strano, an actively managed...

More to bank income securities than hybrids, says new active ETF manager

This month’s launch of the actively managed Seed Financial Income Fund Active ETF (ASX: SFIF) makes accessible to a much broader range of investors the...

Infrastructure's second act: Why advisers should take another look

Infrastructure has long been the quiet achiever in institutional portfolios. And increasingly, with a much broader definition of the term, its role is...

Gearing for growth: Private equity’s quiet engine in the mid-market

Long-term outperformance by private equity managers is both persistent and replicable, if they're good managers investing in the right part of the market – ...

For absolute returns, look for love of craft

Hedge funds have a legitimate role to play in core portfolio construction, if the skill being paid for is repeatable. Managers who love what they do give...

Liquid alternatives: Navigating the five structural forces reshaping portfolios

There's a new macro regime governing markets, derived from structural changes that won't easily be turned around. The solution is to understand these changes,...

Defensive credit in practice: delivering income with control

Non-bank lenders increasingly play a crucial stabilising role in Australia’s capital markets, earning a premium for providing liquidity without assuming...

Cracking the code: Incorporating alternatives into managed accounts

Alternatives have been very difficult to use within SMAs, but a new platform promises to solve this quandary.

Currency as protection: Why FX belongs in the portfolio

Your global equity portfolio is actually two portfolios: the underlying equities, and the currency exposure. The latter is too important to leave unmanaged.

16 years searching for true diversification

For much of modern portfolio history, the 60/40 mix of equities and bonds has been held up as the embodiment of diversification. Until 2022, when it failed....

Behind the dollars, private equity is still personal in the lower mid-market

Alignment is everything in private equity, says Fortitude's Bryan Brown. That and understanding individual psychology.