Three small caps with big potential - Roland Houghton | Milford
Navigating the sea of opportunities in Australian small caps is always a challenge. While the Australian Small Ordinaries index has averaged 6% p.a. for the past 10 years, there have been some huge winners that have emerged from the sea of unprofitable companies, mining explorers and companies trying to figure it out.Today we are joined by Roland Houghton, Co-Portfolio Manager of the Milford Dynamic Small Companies Fund, to help us understand how to find winners in the smaller part of the market.In today's episode of Basis Points we unpack:Roland's investment philosophy and criteriaHow the process starts with idea generationThen what the Milford team are looking for as they research these ideasHow Milford combine the bottom-up and top-down when building a thesisWhat Milford's macro models are telling us at the momentThen we bring to life with a deep dive into 3 stocks in Roland's Dynamic Small Companies fund----------CPD Points: This episode is accredited for CPD points by the Financial Advice Association of Australia (FAAA).To claim your points, complete the CPD Quiz and we'll send you your certificate.----------Thank you to Milford for sponsoring this episode of Basis Points, and helping us keep all of our content free.If you want to learn more about Milford's range of funds, including Roland's Dynamic Small Companies Fund, visit their website.Before you invest, be sure to read the Milford Funds Product Disclosure Statements and Target Market Determinations at milfordasset.com.au----------Want more Basis Points?Sign up to the Basis Points emailJoin the conversation on LinkedInWatch all episodes in full and relive some of our favourite clips on YouTube----------In the spirit of reconciliation, Equity Mates Media and the hosts of Basis Points acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. ----------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.
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43:11
Why this fund manager is betting BIG on the UK - Stephen Arnold | Aoris
The majority of investors are underweight the UK. The country has struggled through a decade of slow economic growth as it manages the legacy of Brexit and the FTSE 100 is full of companies that are seen as "ex-growth" or "old economy".Which is why we were surprised to hear that Stephen Arnold of Aoris Investment Management is overweight the UK, with 5 of his 14 positions coming from this overlooked market.So on today's episode of Basis Points we are joined by Stephen to unpack his thinking:What investors get wrong about the UK marketWhy UK stocks aren't tied to the UK macro storyStephen's philosophy on portfolio construction and his preference for concentrated portfoliosA look at top contributors to Aoris' performance last year, including: Halma (LON: HLMA) and RELX (LON: REL)A deep dive on Compass Group (LON: CPG)----------CPD Points: This episode is accredited for CPD points by the Financial Advice Association of Australia (FAAA).To claim your points, complete the CPD Quiz and we'll send you your certificate.----------Basis Points would not be possible without the support of our three launch partners:Orbis Investments - Invest differentlyMilford - Invested in the outcomeCBOE - Local market, global opportunitiesThank you to all three partners for helping us keep all of our content free and accessible.----------Want more Basis Points?Sign up to the Basis Points emailJoin the conversation on LinkedInWatch all episodes in full and relive some of our favourite clips on YouTube----------In the spirit of reconciliation, Equity Mates Media and the hosts of Basis Points acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. ----------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.
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36:44
The caveman in your portfolio: Why behaviour sabotages returns - Alec Cutler | Orbis Investments
Investing is as much behavioural as it is academic. Some of the smartest investors and advisers have found themselves undone as they lose their mind in the noise of markets. Today's guest wants us to take a deep breath, recognise our cognitive biases and focus on the principles of good long-term investing.Today we're joined by Alec Cutler, Director at Orbis Investments and manager of the Orbis Global Balanced Fund.We speak to Alec about:Why good investors often underperform the marketThe most common cognitive biases he seesHow the Orbis Investments team use process to recognise their own biasesThe risk of being too concentrated in large-cap US stocksWhat we can all do to improve diversification in our portfolios----------CPD Points: This episode has been accredited for CPD points by the Financial Advice Association of Australia (FAAA).To claim your points, complete the CPD Quiz and we'll send you your certificate.----------This episode has been sponsored by Orbis.If you would like to learn more about Orbis' contrarian investment approach can offer a true point of diversification when constructing client portfolios, click here.Thank you to Orbis for helping us keep all of our content free and accessible.----------Want more Basis Points?Sign up to the Basis Points emailJoin the conversation on LinkedInWatch all episodes in full and relive some of our favourite clips on YouTube----------Basis Points is a product of Equity Mates Media. Basis Points is intended solely for industry professionals, financial advisers and wholesale investors. 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 Target Market Determination. And if you are unsure, please speak to a financial adviser. There are risks with any investments, including one in the Orbis funds. Past performance is not a reliable indicator of future performance and the value of any investment in an Orbis fund is not guaranteed. This podcast represents Orbis' view at a point in time and provides reasoning on why Orbis has bought or sold a particular security for its funds. Orbis may take the opposite view from that stated, as facts or circumstances may change. This podcast does not prohibit the Orbis funds from dealing in the securities before or after this is published. Equity Mates Media operates under Australian Financial Services Licence 540697. Hosted on Acast. See acast.com/privacy for more information.
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44:24
What to look for in an asset consultant - Angela Ashton | Evergreen
Asset consultants have been a huge rise in prominence alongside the rise of SMAs. One person who has been on the forefront of this movement has been Angela Ashton, cofounder of Evergreen Consultants.Today we're joined by Angela to unpack:Best practice for advice firms working with asset consultantsHow to find the right consultant for your businessAngela's bedrock rules of portfolio constructionA process to assess fund managersCommon mistakes made when setting up SMAsWhere Angela sees advice industry going----------CPD Points: This episode has been accredited for CPD points by the Financial Advice Association of Australia (FAAA).Legislated CPD Area(s): Technical CompetenceKnowledge Requirement(s): Managed InvestmentsTo claim your points, complete the CPD Quiz and we'll send you your certificate.----------Basis Points would not be possible without the support of our three launch partners:Orbis Investments - Invest differentlyMilford - Invested in the outcomeCBOE - Local market, global opportunitiesThank you to all three partners for helping us keep all of our content free and accessible.----------Want more Basis Points?Sign up to the Basis Points emailJoin the conversation on LinkedInWatch all episodes in full and relive some of our favourite clips on YouTube----------In the spirit of reconciliation, Equity Mates Media and the hosts of Basis Points acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. ----------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.
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36:49
Macro outlook, where to for rates & why now for bonds - Rob Mead | PIMCO
Today we're joined by Rob Mead, Managing Director and co-Head of Asia-Pacific Portfolio Management at PIMCO.PIMCO is one of the world's largest investment managers, managing trillions of dollars in fixed-income securities for clients. So they are well placed to give us a sense of the economy and where that may lead markets and rates for the rest of 2025.Today we speak to Rob about:The state of the economy in both Australia and the USPIMCO's view on where rates will go from here in both Australia and the USWhy many advisers are underweight bonds and the risks that may cause in client portfoliosThis episode was recorded on March 27th 2025.----------CPD Points: This episode has been accredited for CPD points by the Financial Advice Association of Australia (FAAA).To claim your points, complete the CPD Quiz and we'll send you your certificate.----------This episode has been sponsored by PIMCO.If you would like to learn more about PIMCO and their Cboe-listed ETFs, head to: https://www.pimco.com/au/enThank you to PIMCO for helping us keep all of our content free and accessible.----------Want more Basis Points?Sign up to the Basis Points emailJoin the conversation on LinkedInWatch all episodes in full and relive some of our favourite clips on YouTube----------In the spirit of reconciliation, Equity Mates Media and the hosts of Basis Points acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. ----------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.
Small improvements, compounded. That is the power of basis points. From Equity Mates Media, Basis Points is a show for Australian financial advisers. Together, let's find small improvements that compound into big outcomes. Hosted on Acast. See acast.com/privacy for more information.
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