Basis Points

The rules around leverage have changed. So what does that mean for advisers? With residential property LRBAs no longer available inside SMSFs, instalment warrants remain one way advisers can use leverage in super. Citi Global Markets Director Elizabeth Tian and Five Financial Managing Partner and Head of Advice Jason Petersen join Ally to explain how instalment warrants actually work, where they fit compared to geared ETFs and margin loans, and the risks advisers need to consider. Plus, Jason shares two real client strategies, including how leverage can be used for retirees and younger accumulators. Chapters: 00:00 Leverage After Budget Changes 02:23 Instalment Warrants Explained 05:13 New Tax Rules Reshape Gearing 09:48 Why Use Leverage? 12:12 Who Uses Instalment Warrants? 14:57 Gearing Across Life Stages 18:36 SMSF Risks and Guardrails 21:10 The Long-Term Gearing Impact 📈 Stocks and ETFs Mentioned: Citigroup (NYSE: C) This episode was recorded on 25th August 2026. —— CPD Points: This episode is accredited for the following CPD points by the Financial Advice Association of Australia (FAAA). Complete the quiz here to claim your points. 0.5 Total Hours Knowledge Requirements: Derivatives (0.50 hour) Legislated CPD Area: Technical Competence (0.50 hour) —— This episode has been sponsored by TMX Australia Exchange - formerly Cboe Australia. To learn more or subscribe for insights and events, visit www.tmxaustralia.com . Thanks to TMX Australia for helping us keep our content free. Citi’s warrants are traded on TMX. If you're looking to understand the structured product options available to your clients, head to https://au.citifirst.com/ to find out more. —— Want more Basis Points? Sign up to the Basis Points email Join the conversation on LinkedIn Watch all episodes in full and relive some of our favourite clips on YouTube —— Basis Points is a product of Equity Mates Media. his podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697. Hosted on Acast. See acast.com/privacy for more information.

AI tools have had a very “superficial” impact on financial advice so far. That’s according to today’s guest Simon O’Keefe, founder and CEO of Alcova, an AI adoption and safety company for Australian wealth management firms. He believes AI can be a “big unlock” for persistent capacity constraints the industry faces. But that so far, financial advisers are using it in ways that barely scratch the surface of what the technology can do. In this episode, Simon joins Ally to explain why note-takers and copilots aren’t transforming advice businesses, what an AI-native advice practice could look like, and why the traditional CRM model may be under threat. By the end of this episode, you’ll have a clearer picture of what AI could actually change in financial advice, and how to prepare your practice for it. Chapters: 00:00 AI’s Adoption Problem 03:14 Why AI Adoption Takes Time 05:42 The Problem With AI Tools 07:49 The Future Advice Tech Stack 09:53 Is Your Client Data Safe? 12:49 Future-Proofing Your AI Strategy 15:29 Who’s Actually Using AI Well? 17:52 How Leading Firms Use AI 20:29 One AI Experiment To Try 23:59 AI Isn’t Driving Growth Yet 📈 Stocks and ETFs Mentioned: Salesforce (NYSE: CRM) This episode was recorded on 11th August, 2026. ——— CPD Points: This episode is accredited for the following CPD points by the Financial Advice Association of Australia (FAAA). Complete the quiz here to claim your points. 0.5 Total Hours Knowledge Requirements: Practice Management (0.50 hour) Legislated CPD Area: Client Care & Practice (0.50 hour) ——— This episode has been sponsored by Alcova AI. To see how Alcova can future proof your AI roadmap head to alcova.ai ——— Want more Basis Points? Sign up to the Basis Points email Join the conversation on LinkedIn Watch all episodes in full and relive some of our favourite clips on YouTube ——— Basis Points is a product of Equity Mates Media. This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697. Hosted on Acast. See acast.com/privacy for more information.

Defensive assets are meant to be the boring part of a portfolio. Now, it’s where advisers are making some of their hardest calls. Bonds spent the past few decades earning a reputation as the go-to hedge to equities. Since 2022, that reputation has been tested, with the correlation between the two asset classes flipping to positive territory. So, are bonds broken? Are they still good diversifiers for stocks? Or do advisers need to be looking elsewhere to “ diversify their diversifiers ”? In this episode, Zenith Investment Partners’ Head of Portfolio Solutions, Andrew Yap, and Head of Alternatives and Global Fixed Income, Rodney Sebire, outline why they believe now is the time for advisers and investors alike to rebuild the defensive portion of their portfolios. They share where they are seeing the most opportunity (across both public and private markets), how they assess managers (and the red flags you can look out for), as well as some of the recent innovations in managed accounts that can help advisers track public and private exposures. Chapters: 00:00 Why Bonds Aren’t Broken 05:05 Is De-Dollarisation a Threat? 07:00 Why Private Credit Boomed 11:11 Spotting Private Credit Risks 15:44 Private Credit’s “Cockroach” Problem 19:00 Navigating Private Asset Structures 21:53 Managers That Stand Out 24:38 Building the Defensive Portfolio 27:43 Why Fixed Interest Excites Register for your ticket to FinFest Industry Day here ! ——— CPD Points: This episode is accredited for the following CPD points by the Financial Advice Association of Australia (FAAA). Complete the quiz here to claim your points. 0.5 Total Hours Knowledge Requirements: Managed Investments (0.25 hour), Fixed Interest (0.25 hour) Legislated CPD Area: Technical Competence (0.50 hour) ——— This episode has been sponsored by Zenith Investment Partners. Zenith Investment Partners is a leading investment research and managed account provider, with a 20-year track record of delivering premium investment research, fund ratings and investment portfolio solutions for financial advisers. https://www.zenithpartners.com.au/ ——— Want more Basis Points? Sign up to the Basis Points email Join the conversation on LinkedIn Watch all episodes in full and relive some of our favourite clips on YouTube ——— Basis Points is a product of Equity Mates Media. This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697. Hosted on Acast. See acast.com/privacy for more information.

Stephen Otter, Partners Group’s Global Head of Private Markets Royalties, argues that royalties are uncorrelated to markets, low volatility, an inflation hedge, and generate a predictable yield. So, it’s surprising that most investors still have zero allocation to the asset class - despite royalties being around for a good 600 years. They originated with royal families (as the name suggests), where a payment would be made to a sovereign in return for the granting of mining rights. Today, they cover everything from music, healthcare, film, television, mining, oil and gas, books, theatre, and increasingly YouTube. To be clear, the asset class isn't without risk. Development-stage royalties can return zero if a drug fails approval or a mine never produces. Even established assets can disappoint. In this interview, we dive into the opportunity in royalties today, what advisers get wrong about the asset class, and perhaps the most perplexing question of all - why so few investors have exposure. Chapters : 00:00 Introduction 01:18 Why Evergreen Fits Royalties 03:56 Streaming Transformed Music 08:31 Beyond Music Royalties 11:41 Energy and Mining Royalties 13:42 How Royalties Are Valued 17:37 Royalties in Client Portfolios 19:07 Understanding Regulatory Risk 20:57 When Royalty Investments Go Wrong 24:03 Why Invest in Royalties Now 27:08 Music’s Untapped Growth 📈 Stocks and ETFs Mentioned: Deterra Royalties (ASX: DRR), BHP Group (ASX: BHP) Register for your ticket to FinFest Industry Day here ! ——— CPD Points: This episode is accredited for the following CPD points by the Financial Advice Association of Australia (FAAA). Complete the quiz here to claim your points. 0.5 Total Hours Knowledge Requirements: Alternative Assets (0.50 hour) Legislated CPD Area: Technical Competence (0.50 hour) ——— Want more Basis Points? Sign up to the Basis Points email Join the conversation on LinkedIn Watch all episodes in full and relive some of our favourite clips on YouTube ——— Basis Points is a product of Equity Mates Media. This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697. Hosted on Acast. See acast.com/privacy for more information.

Grant Hackett has now spent more time working in finance than he did in the pool, but he’s still best known for being one of, if not the greatest, distance swimmers Australia has ever produced. Hackett hung up his goggles in 2008 and is now the group CEO of ASX-listed Generation Development Group. In this episode of Basis Points, he takes advisers through the highs and lows of his Olympic career, his early days in business, as well as the significant shifts he believes are coming for the industry. He also shares his views on what some of the Government’s policy changes (super, capital gains tax, negative gearing and trusts) mean for advisers and their clients. Chapters : 00:00 Meet Grant Hackett 01:47 From Olympic Gold to Finance 06:20 Olympic Lessons for Leadership 10:44 Inside Generation Development Group 13:44 How GDG Finds Growth 19:28 The Future of Financial Advice 21:05 Investment Bonds and Tax 27:04 What Advisors Are Worried About 29:32 Life After Olympic Swimming 📈 Stocks and ETFs Mentioned: Generation Development Group (ASX: GDG) Apple Inc. (NASDAQ: AAPL) Westpac Banking Corporation (ASX: WBC) Register for your ticket to FinFest Industry Day here ! ——— CPD Points: This episode is accredited for the following CPD points by the Financial Advice Association of Australia (FAAA). Complete the quiz here to claim your points. 0.5 Total Hours Knowledge Requirements: Generic Knowledge (0.25 hour), Managed Investments (0.25 hour) Legislated CPD Area: Technical Competence (0.25 hour), General (0.25 hour) ——— Want more Basis Points? Sign up to the Basis Points email Join the conversation on LinkedIn Watch all episodes in full and relive some of our favourite clips on YouTube ——— Basis Points is a product of Equity Mates Media. This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697. Hosted on Acast. See acast.com/privacy for more information.

Will Hamilton has enshrined a simple belief at Hamilton Wealth Partners: Most financial advice practices pay lip service to client experience, yet it makes all the difference in the eyes of clients. In this episode, he shares how HWP differentiates through hyper-personalised service, from capping advisers at 50 clients to running large-scale client events that function more like weddings than seminars. He also gets into the harder conversations, how he manages complex family dynamics, what he screens for when acquiring practices, and the delicate balance of incorporating AI to expand capacity without compromising on service. Finally, he shares his view on markets. Australian equities are at their lowest weighting in the firm's history, and he explains why he thinks the market is overpaying for AI. Chapters : 00:00 Introduction 01:12 Why Advisers Need Differentiation 03:10 Creating Memorable Client Experiences 07:29 Events That Drive Growth 10:32 Scaling with AI and Acquisitions 15:07 Managing Complex Family Wealth 19:52 AI, Security, and Advice 22:36 Market Outlook and Portfolio Positioning 26:44 Chart of the Week & Closing 📈 Stocks and ETFs Mentioned: Magnificent 7 - Apple (NASDAQ: AAPL), Microsoft (NASDAQ: MSFT), NVIDIA (NASDAQ: NVDA), Amazon (NASDAQ: AMZN), Alphabet (NASDAQ: GOOGL / GOOG), Meta Platforms (NASDAQ: META), Tesla (NASDAQ: TSLA) Register for your ticket to FinFest Industry Day here ! ——— CPD Points: This episode is accredited for the following CPD points by the Financial Advice Association of Australia (FAAA). Complete the quiz here to claim your points. 0.5 Total Hours Knowledge Requirements: Practice Management (0.50 hour) Legislated CPD Area: Client Care & Practice (0.50 hour) ——— Want more Basis Points? Sign up to the Basis Points email Join the conversation on LinkedIn Watch all episodes in full and relive some of our favourite clips on YouTube ——— Basis Points is a product of Equity Mates Media. This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697. Hosted on Acast. See acast.com/privacy for more information.

Advisers’ entire tech stack will collapse in the next two years; that is the bold prediction of Paradino AI Co-Founder and CEO Alex Gassner. He sees the glaring gap between the 15,000 financial advisers in Australia and those 16 million Australian’s who need advice, as being closed in one way only- by purpose-built AI tools. Courtenay Fox, Co-Founder of Fox & Hare Financial, knows this firsthand. After testing around 10 AI tools before narrowing it down, her firm now runs AI across everything from file notes and paraplanning to document review and client communications. No client data goes into any general LLM tool. In this interview, Gassner and Fox outline why purpose-built AI is set to transform the advice industry, how Fox & Hare are already putting it into practice, and what every adviser needs to know about data security, liability and the looming advice gap. Chapters : 00:00 AI Will Transform Advice 01:23 The Future Advice Tech Stack 04:05 How Firms Use AI Today 05:17 AI Security and Compliance 10:28 Human Oversight Still Matters 13:00 Client Trust and Transparency 15:32 Data Privacy and AI Models 19:59 Can AI Close the Advice Gap? 21:20 Practical AI Tips Today 24:08 The Future of Financial Advice Register for your ticket to FinFest Industry Day here ! ——— CPD Points: This episode is accredited for the following CPD points by the Financial Advice Association of Australia (FAAA). Complete the quiz here to claim your points. 0.50 Total Hours Knowledge Requirements: Managed Investments (0.50 hour) Legislated CPD Area: Technical Competence (0.50 hour) ——— This episode has been sponsored by Paradino AI. Paradino is the AI advice automation platform built specifically for Australian financial advisers. To find out more head to paradino.ai . ——— Want more Basis Points? Sign up to the Basis Points email Join the conversation on LinkedIn Watch all episodes in full and relive some of our favourite clips on YouTube ——— Basis Points is a product of Equity Mates Media. This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697. Hosted on Acast. See acast.com/privacy for more information.

The Hall of Fame fund manager and IML founder, Anton Tagliaferro, has seen enough cycles to know we’re nearing the top. He is convinced we are in a "speculative frenzy" of a bubble. In this episode, he provides his outlook on markets and where he’s seeing value. Chapters : 00:00 Introduction 01:22 AI Bubble or Déjà Vu? 03:54 Why AI May Disappoint 07:40 Is Value Investing Dead? 10:17 How Anton Invests Personally 15:15 Back Into Fund Management 16:56 Small Caps and New Fund 20:45 Advice for Uncertain Markets 23:25 Quant Funds Take Over 24:41 Final Market Outlook 📈 Stocks and ETFs Mentioned: Brambles (ASX: BXB), Coles Group (ASX: COL), Amcor (NYSE: AMCR), Main Pharma (ASX: MYX), DroneShield (ASX: DRO), WiseTech Global (ASX: WTC) Register for your ticket to FinFest Industry Day here ! ——— CPD Points: This episode is accredited for the following CPD points by the Financial Advice Association of Australia (FAAA). Complete the quiz here to claim your points. 0.5 Total Hours Knowledge Requirements: Managed Investments (0.50 hour) Legislated CPD Area: Technical Competence (0.50 hour) ——— Want more Basis Points? Sign up to the Basis Points email Join the conversation on LinkedIn Watch all episodes in full and relive some of our favourite clips on YouTube ——— Basis Points is a product of Equity Mates Media. This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697. Hosted on Acast. See acast.com/privacy for more information.

Do you understand what you're investing in within private credit? Frank Danieli, Managing Director and Head of Global Credit Solutions at MA Financial explains why that is so important. From funds providing better disclosures, to advisers having a clearer understanding of what classifies as “private credit”- Danieli talks through the road ahead for the asset class. Plus, Ally asks for his take on whether we’re in a private credit reckoning. Chapters : 00:00 Introduction 01:34 Defining Private Credit 04:17 Diversification Beats Specialisation 07:47 Why Close A Fund? 10:31 Biggest Credit Opportunities 14:56 The Quality Concentration Trap 18:46 Due Diligence Red Flags 20:27 Questions Every Adviser Should Ask 21:36 Alternatives In Portfolios Register for your ticket to FinFest Industry Day here ! ——— CPD Points: This episode is accredited for the following CPD points by the Financial Advice Association of Australia (FAAA). Complete the quiz here to claim your points. 0.50 Total Hours Knowledge Requirements: Fixed Interest (0.25 hour), Managed Investments (0.50 hour) Legislated CPD Area: Technical Competence (0.50 hour) ——— This episode has been sponsored by MA Financial. To learn more about MA Financial’s listed and unlisted private credit strategies, visit MAFinancial.com . Thanks to MA Financial for helping us keep all our content free. ——— Want more Basis Points? Sign up to the Basis Points email Join the conversation on LinkedIn Watch all episodes in full and relive some of our favourite clips on YouTube ———- Basis Points is a product of Equity Mates Media. This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697. Hosted on Acast. See acast.com/privacy for more information.

What will be the biggest risks and opportunities in markets over the next decade? While nobody has a crystal ball, Capital Group’s Investment Director Matt Reynolds joins the show to discuss the four structural shifts he believes will have the biggest impact on the decade to come. Plus, he explains the biggest mistake advisers are making with “diversified” portfolios. Chapters : 00:00 Introduction 01:40 Shift One AI Opportunity 05:13 AI Bubble Or Earnings Boom 08:52 Shift Two Rewiring Globalization 10:23 Industrial Winners Emerging 13:59 Shift Three Consumers Want Experiences 19:07 Shift Four Healthcare Innovation 24:05 The Diversification Mistake 📈 Stocks and ETFs Mentioned: Taiwan Semiconductor Manufacturing Company (NYSE: TSM) Broadcom (NASDAQ: AVGO) Register for your ticket to FinFest Industry Day here ! ——— CPD Points: This episode is accredited for the following CPD points by the Financial Advice Association of Australia (FAAA). Complete the quiz here to claim your points. 0.50 Total Hours Knowledge Requirements: Managed Investments (0.50 hour) Legislated CPD Area: Technical Competence (0.50 hour) ——— This episode has been sponsored by Capital Group. To find out more about Capital Group and their funds, head to their website: https://www.capitalgroup.com/intermediaries/au/en/ Thanks to Capital Group for supporting this episode of Basis Points and helping to keep our content free. Disclaimer: Past results are not a guarantee of future results. This information has been provided solely for informational purposes and is not an offer, or solicitation of an offer, or a recommendation to buy or sell any security or instrument listed herein. Statements attributed to an individual represent the opinions of that individual as of the date published and do not necessarily reflect the opinions of Capital Group or its affiliates. The information provided is not intended to be comprehensive or to provide advice. ——— Want more Basis Points? Sign up to the Basis Points email Join the conversation on LinkedIn Watch all episodes in full and relive some of our favourite clips on YouTube ——— Basis Points is a product of Equity Mates Media. This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697. Hosted on Acast. See acast.com/privacy for more information.

What if the strategy that built your clients' wealth is the same one quietly destroying it in retirement? A new report from Milford; When Timing Becomes the Biggest Risk in Retirement, suggests that retirement fundamentally changes the maths of investing- including Dollar Cost Averaging. Ally sits down with Regan van Berlo, Australian Country Manager at Milford, to hear how the report affects the way advisers prepare their clients for retirement. Chapters : 00:00:00 Why Retirement Changes Portfolio Construction 03:38 Advising Clients 15 to 20 Years Earlier 00:07:04 Managing Sequencing Risk and Drawdowns 00:10:15 Choosing Better Retirement Portfolio Metrics 00:12:25 Building Retirement Portfolios That Last 00:18:02 Practical Advice for Retirement Conversations ——— CPD Points: This episode is accredited for the following CPD points by the Financial Advice Association of Australia (FAAA). Complete the quiz here to claim your points. 0.25 Total Hours Knowledge Requirements: Retirement (0.25 hour) Legislated CPD Area: Technical Competence (0.25 hour) ——— This episode has been sponsored by Milford. Visit Milford’s website to find out more about their funds and download their latest Orange Paper ‘When timing becomes the biggest risk in retirement’ here . Thanks to Milford for helping us keep our content free. https://milfordasset.com.au/orange-paper-when-timing-becomes-the-biggest-risk-in-retirement/ ——— Want more Basis Points? Sign up to the Basis Points email Join the conversation on LinkedIn Watch all episodes in full and relive some of our favourite clips on YouTube ——— Basis Points is a product of Equity Mates Media. This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697. Hosted on Acast. See acast.com/privacy for more information.

The same portfolio mistakes keep showing up across adviser practices, and Jacqueline Fernley, Founder and OCIO of Arcpoint, has seen them all. When it comes to public markets, the mistakes look different but are just as costly. In this episode, we explore how you can avoid them. Plus how can advisers locate long term out-performers amongst the huge dispersion of performance in the asset class. Chapters : 00:00:00 Introduction 00:01:36 Advice Industry Trends 00:06:30 Building An OCIO Business 00:08:05 Market Noise And Staying Invested 00:09:42 Private Credit Reality Check 00:14:45 Private Markets Are Hard 00:17:58 Tax Changes And Portfolio Construction 00:20:44 Infrastructure’s AI Tailwind 00:23:05 What Jacqueline Avoids 00:27:31 How To Assess Managers 00:30:52 The AI CapEx Chart Want to see this weeks chart? Subscribe to the Basis Points newsletter. You’ll get exclusive insights from each episode, plus detailed analysis of each chart. ——— CPD Points: This episode is accredited for the following CPD points by the Financial Advice Association of Australia (FAAA). Complete the quiz here to claim your points. 0.5 Total Hours Knowledge Requirements: Financial Planning (0.25 hour), Managed Investments (0.25 hour) Legislated CPD Area: Technical Competence (0.50 hour) ——— Want more Basis Points? Sign up to the Basis Points email Join the conversation on LinkedIn Watch all episodes in full and relive some of our favourite clips on YouTube ——— Basis Points is a product of Equity Mates Media. This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697. Hosted on Acast. See acast.com/privacy for more information.

Welcome to 2026, where bonds no longer diversify stocks, volatility remains elevated and inflation isn't going anywhere. So how should advisers and their client portfolio’s respond? Morgan Stanley Wealth Management Australia Head of Investment Strategy and Solutions, Alexandre Ventelon, believes in this new market regime, advisers must brace for more volatility and “diversify their diversifiers”. Captured at the annual Morgan Stanley Australia summit last week, this conversation covers: Best Practices in APL review processes. Common mistakes advisers make during manager selection. Limitations of traditional 60/40 portfolios. Diversification benefits of alternatives. Chapters : 00:00:00 Introduction 00:01:55 Smarter Fund Selection 00:07:00 What Drives Returns? 00:11:53 The AI CapEx Boom 00:14:09 Diversify Your Diversifiers 00:18:19 Why Underweight Australia 00:23:49 Earnings Over Valuations 00:24:38 Picking Alternative Managers 00:27:26 Private Markets Under Pressure 00:30:16 The Most Important Chart Links Mentioned: Register for early bird Finfest tickets here - http://equitymates.com/finfest-industry Sign up to the Basis Points email ——— CPD Points: This episode is accredited for the following CPD points by the Financial Advice Association of Australia (FAAA). Complete the quiz here to claim your points. 0.50 Total Hours Knowledge Requirements: Alternative Assets (0.25 hour), Managed Investments (0.25 hour) Legislated CPD Area: Technical Competence (0.50 hour) ——— Want more Basis Points? Watch all episodes in full and relive some of our favourite clips on YouTube Sign up to the Basis Points email Join the conversation on LinkedIn ——— Basis Points is a product of Equity Mates Media. This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697. Hosted on Acast. See acast.com/privacy for more information.

These 10 charts will challenge your thinking on AI and economic growth. Acclaimed macro strategist and Australia’s “king of charts”, Gerard Minack from Minack Advisors joins Ally in the studio bringing his analysis of 10 different charts - each of which will reshape how you think about markets. From AI to global equities to the war in Iran, these charts will disrupt what you thought was the status quo. This episode was recorded on 26th May 2026 Chapters : 00:00:00 Introduction & 10 Charts 00:02:01 AI Earnings Bubble 00:06:22 The AI Revenue Problem 00:13:02 Following The AI Money 00:20:37 Has US Leadership Peaked? 00:27:07 America's Earnings Bubble 00:31:44 Strait Of Hormuz Risk 00:37:19 Oil Shock Recession Threat 00:41:58 Why The Fed Won't Cut 00:44:31 The Bull Case For Japan 00:49:36 Closing Thoughts Links Mentioned: Register for early bird Finfest tickets here - http://equitymates.com/finfest-industry ——— CPD Points: This episode is accredited for the following CPD points by the Financial Advice Association of Australia (FAAA). Complete the quiz here to claim your points. 0.75 Total Hours Knowledge Requirements: Economic Environment (0.50 hour), Securities (0.25 hour) Legislated CPD Area: Technical Competence (0.25 hour), General (0.50 hour) ——— Want more Basis Points? Watch all episodes in full and relive some of our favourite clips on YouTube Sign up to the Basis Points email Join the conversation on LinkedIn ——— Basis Points is a product of Equity Mates Media. This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697. Hosted on Acast. See acast.com/privacy for more information.

Want to learn how to sniff out red flags and greenwashing from a mile away? Australian Ethical’s Chief Impact & Ethics Officer Alison George has spent 20 years crafting her nose for it. In this episode she shares her Green and Red flags for choosing ESG funds plus the questions advisers can ask to cut through the greenwashing spin. She also tackles why the ethical investment industry needs to communicate better with investors - and whether you'll get better bang for your buck backing a transitioning fossil fuel giant over a tiny wind farm. Chapters : 00:00:00 Ethical Investing Under Fire 00:02:10 ESG After The Boom 00:08:12 When Ethics Trigger Divestment 00:11:54 Spotting Genuine ESG Funds 00:13:30 Backing Real Climate Winners 00:16:34 Advisers And Client Values 00:20:26 Climate Risk And Greenwashing 00:23:36 Pay-To-Play ESG Concerns 00:24:51 Risks Shaping The Future 00:27:18 Why Inequality Connects Everything 📈 Stocks and ETFs Mentioned: National Australia Bank (ASX: NAB) WiseTech (ASX: WTC) Lendlease (ASX: LLC) Links Mentioned: Register for early bird finfest tickets here - http://equitymates.com/finfest-industry ——— CPD Points: This episode is accredited for the following CPD points by the Financial Advice Association of Australia (FAAA). Complete the quiz here to claim your points. 0.5 Total Hours Knowledge Requirements: Fixed Interest (0.25 hour) and Managed Investments (0.25 hour) Legislated CPD Area: Technical Competence (0.50 hour) ——— Want more Basis Points? Sign up to the Basis Points email Join the conversation on LinkedIn Watch all episodes in full and relive some of our favourite clips on YouTube ——— Basis Points is a product of Equity Mates Media. This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697. Hosted on Acast. See acast.com/privacy for more information.

Is the 60/40 portfolio dead? What do Big Macs and Negronis have in common? Do bonds still diversify stocks? In this episode Andrew Norelli Managing Director at J.P. Morgan Asset Management, unpacks the macro forces driving markets and some of the "big bad risks" investors need to be aware of. Andrew was brutally honest about the world's economic future. Host Ally left this conversation reeling from his fresh takes- you won't want to miss this one. Chapters : 00:00:00 Episode Introduction 00:01:33 The Negroni Dollar Index 00:05:32 Fed Policy Gets Political 00:09:24 Why Wars Boost Economies 00:11:41 Are Bonds Still Diversifiers? 00:12:29 When Bonds Fail Investors 00:17:46 Private Credit Bubble Risks 00:19:46 Agentic AI Changes Everything 00:22:36 Best Fixed Income Opportunities 00:25:51 Is Australian Credit Attractive? 00:29:07 AI’s Productivity Explosion 00:31:59 The Entrepreneurship Boom 📈 Stocks and ETFs Mentioned: JPMorgan Income Hedged Active ETF (CBOE: JPIE) Links Mentioned: Register for early bird Finfest tickets here - http://equitymates.com/finfest-industry ——— CPD Points: This episode is accredited for the following CPD points by the Financial Advice Association of Australia (FAAA). Complete the quiz here to claim your points. 0.5 Total Hours Knowledge Requirements: Fixed Interest (0.25 hour) and Managed Investments (0.25 hour) Legislated CPD Area: Technical Competence (0.50 hour) ——— This episode has been sponsored by Cboe. The JPMorgan Asset Management Income Hedged Active ETF is listed on Cboe ticker JPIE. To find out more about J.P. Morgan Asset Management’s funds listed on Cboe head here ——— Want more Basis Points? Sign up to the Basis Points email Join the conversation on LinkedIn Watch all episodes in full and relive some of our favourite clips on YouTube ——— Basis Points is a product of Equity Mates Media. This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697. Hosted on Acast. See acast.com/privacy for more information.

While the world fixates on geopolitical headlines, there is one risk today’s guest believes investors have become complacent about. One that isn’t making headlines. There are significant levels of debt in the financial system, whether that’s at the consumer level, corporate level, or within governments. Chad Padowitz, the Co-Chief Investment Officer at Talaria Capital, believes ballooning global debt has massive implications for inflation, interest rates, and how we invest. In this episode: 00:00 Market Outlook And Key Risks 02:11 Debt Pressures Reshaping Markets 04:07 Inflation Threats And Policy Risks 06:52 Dollar Weakness And FX Trends 10:59 Equity Opportunities Beyond Mega Caps 13:35 AI Hype And Valuation Risks 16:49 Finding Value In Uncertain Markets 22:31 Knowing When To Exit Positions 25:32 Growth Stocks Under Pressure 29:37 Using Options To Manage Risk 34:31 Why Income Still Matters 37:22 Debt Challenges And Policy Limits 40:42 Building Resilient Client Portfolios 📈 Stocks and ETFs Mentioned: Talaria Global Equity Fund Complex ETF (ASX: TLRA) Talaria Global Equity Hedged Fund Complex ETF (ASX: TLRH) Ferrari N.V. (NYSE: RACE) Everest Group Ltd. (NYSE: EG) Bunzl plc (LSE: BNZL) Johnson & Johnson (NYSE: JNJ) CF Industries Holdings, Inc. (NYSE: CF) NVIDIA Corporation (NASDAQ: NVDA) The Coca-Cola Company (NYSE: KO) Apple Inc. (NASDAQ: AAPL) Come join us at the Finfest adviser day event! Register for early bird tickets here - http://equitymates.com/finfest-industry ——— CPD Points: This episode is accredited for the following CPD points by the Financial Advice Association of Australia (FAAA). Complete the quiz here to claim your points. 0.75 Total Hours Knowledge Requirements: Managed Investments (0.75 hour) Legislated CPD Area: Technical Competence (0.75 hour) ——— This episode has been sponsored by Cboe. To find out more about Talaria’s Global Equity Fund Complex ETF (Cboe: TLRA) & Global Equity Fund Currency Hedged Complex ETF (Cboe: TLRH) head to https://www.talariacapital.com.au/ ——— Want more Basis Points? Sign up to the Basis Points email Join the conversation on LinkedIn Watch all episodes in full and relive some of our favourite clips on YouTube ——— Basis Points is a product of Equity Mates Media. This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697. Hosted on Acast. See acast.com/privacy for more information.

Few Australians can say they were mentored by the late David Swensen - the legendary former Chief Investment Officer of the Yale Endowment Fund with one of the greatest long-term track records in history. Today’s guest is one of them. Anacacia Capital’s Jeremy Samuel, shares the lessons that shaped his approach across two decades of managing private and public markets. Chapters : 00:00 Introduction 01:22 Lessons from Yale Model 04:38 Equity Market Trends 08:58 IPOs & Liquidity Shifts 12:45 Boring but Beautiful Businesses 18:00 Active vs Activist Approach 21:02 Valuations & Risk Strategy 24:36 Active vs Passive Debate ——— CPD Points: This episode is accredited for the following CPD points by the Financial Advice Association of Australia (FAAA). Complete the quiz here to claim your points. 0.5 Total Hours Knowledge Requirements: Managed Investments (0.50 hour) Legislated CPD Area: Technical Competence (0.50 hour) ——— This episode has been sponsored by Anacacia Capital. To find out more about Anacacia or their funds head to https://www.anacacia.com.au Thanks to Anacacia Capital for helping us keep all our content on Basis Points, free. ——— Want more Basis Points? Sign up to the Basis Points email Join the conversation on LinkedIn Watch all episodes in full and relive some of our favourite clips on YouTube ——— Basis Points is a product of Equity Mates Media. This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697. Hosted on Acast. See acast.com/privacy for more information.

Today’s guest interviewed 800 financial advisers across the world, over the past 2 years. They all described experiencing the same problem; 80% of their time is spent on admin, just 20% talking to clients. It’s an advice efficiency problem. One that our guest is endeavouring solve with AI. Shak Lala is the co-founder of Marloo, an AI powered tech platform built for financial advisers. In this episode 00:00:00 Adviser Crisis And AI Opportunity 00:02:00 AI Trends And Adviser Impact 00:06:30 Structural Problems In Advice 00:11:00 Building Marloo And Key Pain Points 00:16:30 Compliance And Advice Evolution 00:22:00 AI Adoption And Workflow Changes 00:27:30 Scaling Advice And Future Vision This episode was recorded on April 21st 2026 ——— CPD Points: This episode is accredited for the following CPD points by the Financial Advice Association of Australia (FAAA). Complete the quiz here to claim your points. 0.5 Total Hours Knowledge Requirements: Managed Investments (0.50 hour) Legislated CPD Area: Technical Competence (0.50 hour) ——— This episode has been sponsored by Marloo. Try Marloo for free here ! ——— Want more Basis Points? Sign up to the Basis Points email Join the conversation on LinkedIn Watch all episodes in full and relive some of our favourite clips on YouTube ——— Basis Points is a product of Equity Mates Media. This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697. Hosted on Acast. See acast.com/privacy for more information.

What if your ethics CPD this year actually made you a better advisor? Dr. Katherine Hunt, PhD-qualified financial planner and internationally recognised speaker on ethical growth, joins Basis Points to reveal how advisors can use client psychology and AI to scale trust, deepen relationships, and build a practice that compounds over generations. In this episode: 00:00 AI Era Client Experience 00:30 Ethics and Adviser Mindset 03:00 Ego and Ethical Growth 06:02 Scaling Trust and Connection 09:56 AI, Trust, and Systems 14:34 The Human Code Framework 16:35 What Clients Truly Value 18:53 Fear, Growth, and AI 22:44 Future of Successful Advisers 23:44 One Action to Improve ——— CPD Points: This episode is accredited for the following CPD points by the Financial Advice Association of Australia (FAAA). Complete the quiz here to claim your points. 0.5 Total Hours Knowledge Requirements: Ethics (0.50 hour) Legislated CPD Areas: Professionalism and Ethics (0.50 hour) ——— Want more Basis Points? Sign up to the Basis Points email Join the conversation on LinkedIn Watch all episodes in full and relive some of our favourite clips on YouTube ——— Basis Points is a product of Equity Mates Media. This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697. Hosted on Acast. See acast.com/privacy for more information.