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Investment Theme

Discover investing themes that create deep, long-term investing opportunities.

Investment Theme

'Defence wins championships'

True to its name, the defence sector has historically displayed defensive investment qualities in times of difficulty. Coming as a surprise perhaps, during five of the...
ASB
CDA
+1
Josh Terlich
Josh Terlich
Mason Stevens
Investment Theme

Just Zip It

The buy now pay later space has grown rapidly in Australia over the past 2 years. The number of users has increased from circa 400,000 in 2015/2016 to approaching 2...
APT
+2
Rod Skellet
Rod Skellet
Mason Stevens
Investment Theme

Don't ignore growth stock volatility

We have made regular comments regarding the plethora of domestically listed companies exhibiting excellent business models, exceptionally competent management, yet...
Rhett Kessler
Pengana Capital Group
Investment Theme

Will 2020 be the year for value stocks?

The valuation premium for quality and growth has hit new decade highs, driving the ASX200 average forward PE to sit ~14% above the 20-year average. But the average...
BRAD Potter
Tyndall AM
Investment Theme

A week on the ground in Hong Kong

Through no prescience (rather a lack thereof) on our part, members of the Avenir team spent all last week in Hong Kong. While our primary purpose for being there was...
Curtis Cifuentes
Curtis Cifuentes
Avenir Capital
Investment Theme

The big picture for the big miners

While the big four banks have struggled recently, investors in the big miners are having a great year, enjoying strong income and capital gains. In this wire, we get a...
BHP
FMG
+2
Alex Cowie
Alex Cowie
Investment Theme

A golden era for active managers is coming

“Performance lagging”, “clients exiting” and “funds closing” – the constant barrage of reports and articles about the demise of the active fund manager is relentless....
Pengana Capital Group
Pengana Capital Group
Investment Theme

A $38 billion record day

Diapers and baby goods seem incongruous with the original concept of Singles’ Day, a retail ‘holiday’ conceived by Chinese ecommerce giant Alibaba in 2009 to give...
Fidelity International
Fidelity International
Expert Insights

Are renewables infrastructure’s black gold?

In some parts of the world, renewables are cheaper than fossil fuels and this trend is one to watch if you’re interested in investing in infrastructure. When we sat...
Livewire Exclusive
Livewire Markets
Expert Insights

The most contrarian sector in the market

Part of the Allan Gray investment philosophy is, in their own words, to “resist trends and uncover opportunities in areas where nobody else is looking, which puts us...
Livewire Exclusive
Livewire Markets
Investment Theme

Small stocks with big opportunities

Holding a microcap that makes it all the way to mid-cap, or big-cap territory, is how you get a ten-bagger, or even a hundred-bagger. The odds are low of course,...
Livewire Exclusive
Livewire Markets
Expert Insights

The essentials of essential infrastructure stocks

If there was one thing we learnt during the federal election campaign this year it was how much was being spent – and promised to be spent - on infrastructure ...
Livewire Exclusive
Livewire Markets
Investment Theme

Renewables give infrastructure an energy boost

Australia’s infrastructure boom, with its $58 billion pipeline designed to provide for the country’s growing communities, has made the sector one of the...
Livewire Exclusive
Livewire Markets
Investment Theme

Australians haunted by possibility of recession

An analysis of Google search trends suggests that Australians are increasingly becoming concerned about the outlook for the economy, with the number of searches for...
Anthony Doyle
Anthony Doyle
Firetrail Investments
Investment Theme

"Penniless at 100" is the new black

Let's take a baseline retiree as an example – An 70 to 80-year-old Australian couple with $1m to live off in a house with no mortgage in a zero tax environment. They...
TLS
Marcus Padley
Marcus Today
Investment Theme

Are You Investing in Your World ?

It won’t come as a surprise that over the last decade the average daily time spent on screens, which used to be restricted to television and computers, has increased...
Anshu Sharma
Loftus Peak
Investment Theme

Is the WAAAX melting?

It's not just Afterpay that has slipped recently, a few of the WAAAX stocks seem to be melting. Yet this may just be part of a wider trend of capital switching from...
APT
APX
Alex Cowie
Alex Cowie
Investment Theme

Brexit's impact on the ASX

Since the United Kingdom voted in June 2016 to leave the European Union, concerns over Brexit have buffeted the share prices of Australian companies. As the result...
BHP
CPU
+9
Hugh Dive
Atlas Funds Management
Buy Hold Sell

IPOs: 'Forecasting the dream'

In 2017, WeWork's CEO said, somewhat emblematically: “Our valuation and size today are much more based on our energy and spirituality than on a multiple of revenue"....
Livewire Exclusive
Livewire Markets
Expert Insights

The lungs of the earth are burning ... how are you responsible?

Andrew McAuley, Chief Investment Officer at Credit Suisse, says that investors should not underestimate the role that principles around sustainability will play in...
Livewire Exclusive
Livewire Markets
Investment Theme

The trend is your friend (until the bend at the end)

The downtrend in value and uptrend in growth have been unstoppable over the last three years. And while in theory, ‘the trend is your friend’, in reality, it's only...
ALU
APT
APX
+2
Alex Cowie
Alex Cowie
Investment Theme

The ‘streaming wars’ could penalise viewers

In 2017, when Netflix was 20 years old, the ad-free on-demand-video or streaming service achieved three milestones. One was that Netflix hit 100 million subscribers...
Magellan Investment Partners
Magellan
Investment Theme

WAAAX on, WAAAX off: Multiples are fickle... but value is forever

With Abbey Road back in the charts and the We Co rocket failing to launch, it’s a good time to remember that cashflows still drive value, even when value is hard to...
APT
Schroders Australia
Schroders
Investment Theme

Revisiting our lower long-term returns Whitepaper from Jan 2017

In January 2017 Providence published a whitepaper on Long Term Returns. At the time we suggested that Long Term returns from a traditional balanced portfolio were...
James Smith
James Smith
Providence Independent Investment Advisory
Investment Theme

The 2029 roadmap for funds management

If someone asked you for your ten big predictions for the asset management industry in 2029, what would you give them? At the FT Asset Management conference in New...
Alex Cowie
Alex Cowie
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