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          <time datetime="2023-11-03T15:58:31+11:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">November 03, 2023 15:58</time>
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              Alpha opportunities in Aussie small caps
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  The performance of Australian small caps has lagged behind the ASX100 over the last decade leaving many investors questioning whether an allocation to Australian small...
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        RQI Investors
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          <time datetime="2023-11-03T15:45:16+11:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">November 03, 2023 15:45</time>
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              <span class="wire_title_component w-full block group-hover:underline"><span data-controller="logged-in-class" data-logged-in-class-logged-in-class-value="hidden"></span>Chinese manufacturing PMI fell to 49.5,  New Zealand unemployment rate rose to <span class="whitespace-nowrap">3.9%<svg xmlns="http://www.w3.org/2000/svg" width="24" height="18" viewBox="0 0 24 18" fill="none" stroke="currentColor" id="embed_video" class="inline-block align-middle group-hover:underline w-6 h-4 lg:h-6 ml-2">
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            <div id="wire-summary" class="paragraph-sm text-darkestgray break-word mt-2 sm:paragraph-xs lg:paragraph-lg">
  Weekly Update | 3rd November, 2023
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    <div data-controller="tooltip">
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          <time datetime="2023-11-03T15:18:41+11:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">November 03, 2023 15:18</time>
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              <span class="wire_title_component w-full block group-hover:underline"><span data-controller="logged-in-class" data-logged-in-class-logged-in-class-value="hidden"></span>Worried about another rate hike? State Street says high probability multiple hikes are <span class="whitespace-nowrap">coming<svg xmlns="http://www.w3.org/2000/svg" width="24" height="18" viewBox="0 0 24 18" fill="none" stroke="currentColor" id="embed_video" class="inline-block align-middle group-hover:underline w-6 h-4 lg:h-6 ml-2">
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  State Street’s fixed income team says the RBA has plenty more work to do.
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          <time datetime="2023-11-03T15:12:14+11:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">November 03, 2023 15:12</time>
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              An undervalued small cap growth story
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  Environmental Group (EGL) is exposed to several secular growth markets and is run by a management team that has done it before.
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        HD Capital Partners
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              The real reason Macquarie Group is starting a $2 billion buyback despite a 40% profit fall
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  Tougher conditions for equity markets and especially deal making cause a rare downturn for Macquarie.
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          <time datetime="2023-11-03T12:00:00+11:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">November 03, 2023 12:00</time>
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              How this investor is trying to solve a crisis that will affect 8 million Australians
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            <div id="wire-summary" class="paragraph-sm text-darkestgray break-word mt-2 sm:paragraph-xs lg:paragraph-lg">
  The mental health epidemic could cost US$6 trillion by 2030.
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              Where Wilson Asset Management sees value in the current market
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  And Geoff Wilson’s advice from more than 40 years of investing.
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              <span class="wire_title_component w-full block group-hover:underline"><span data-controller="logged-in-class" data-logged-in-class-logged-in-class-value="hidden"></span>The topic getting insiders at Apollo excited right <span class="whitespace-nowrap">now<svg xmlns="http://www.w3.org/2000/svg" width="24" height="18" viewBox="0 0 24 18" fill="none" stroke="currentColor" id="embed_video" class="inline-block align-middle group-hover:underline w-6 h-4 lg:h-6 ml-2">
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  A rebalancing is taking place in markets that is creating a lot of excitement for the team at Apollo.
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              <span class="wire_title_component w-full block group-hover:underline"><span data-controller="logged-in-class" data-logged-in-class-logged-in-class-value="hidden"></span>Schroders&#39; three &#39;best value&#39; assets as recession risks <span class="whitespace-nowrap">linger<svg xmlns="http://www.w3.org/2000/svg" width="24" height="18" viewBox="0 0 24 18" fill="none" stroke="currentColor" id="embed_video" class="inline-block align-middle group-hover:underline w-6 h-4 lg:h-6 ml-2">
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  Many gauges of recession risk look at the “what” but overlook crucial aspects of “when”, says Schroders’ Sebastian Mullins.
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            <h2 class="mt-2 headline-md lg:headline-xl lg:group-hover:underline sm:max-w-full max-w-[60%] ">
              Bitcoin news you didn’t see in the Fin Review
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            <div id="wire-summary" class="paragraph-sm text-darkestgray break-word mt-2 sm:paragraph-xs lg:paragraph-lg">
  Here&#39;s a summary of all October&#39;s bitcoin news that you didn’t see in the Fin Review.
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              <span class="wire_title_component w-full block group-hover:underline"><span data-controller="logged-in-class" data-logged-in-class-logged-in-class-value="hidden"></span>Why higher rates are good for the world (and which stocks can do <span class="whitespace-nowrap">well)<svg xmlns="http://www.w3.org/2000/svg" width="24" height="18" viewBox="0 0 24 18" fill="none" stroke="currentColor" id="embed_video" class="inline-block align-middle group-hover:underline w-6 h-4 lg:h-6 ml-2">
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  In episode 23 of Stocks Neat, Co-Portfolio Manager Gareth Brown and CIO Steve Johnson discuss the opportunities available for investors in the current interest rate...
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              Markets are less sure the Fed and RBA will hit their inflation targets
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  Market measures of expected inflation have picked up, which is unusual this late in the cycle.   
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          <time datetime="2023-11-03T06:30:19+11:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">November 03, 2023 06:30</time>
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              <span class="wire_title_component w-full block group-hover:underline"><span data-controller="logged-in-class" data-logged-in-class-logged-in-class-value="hidden"></span>Buy Hold Sell: 5 stocks backed by fund <span class="whitespace-nowrap">managers<svg xmlns="http://www.w3.org/2000/svg" width="24" height="18" viewBox="0 0 24 18" fill="none" stroke="currentColor" id="embed_video" class="inline-block align-middle group-hover:underline w-6 h-4 lg:h-6 ml-2">
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  Martin Currie’s Reece Birtles and SG Hiscock &amp; Company’s Hamish Tadgell star in this Melbourne-based special of Buy Hold Sell.  
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              The Match Out: The Fed helps support equities, Origin bid in doubt despite improved price
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  The Match Out for Thursday 2 November with James Gerrish of Market Matters.
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    <a data-controller="event" data-event-name-value="link_click" data-event-id-value="367" data-event-statisticable-value="stock_code" data-event-custom-data-value="{&quot;section&quot;:&quot;stock_code_tooltip&quot;}" href="/stock_codes/asx-bcb">
      <div class="p-4 flex group">
        <div class="flex flex-col">
          <div class="text-heavy-17 text-body truncate truncate-two-lines break-words group-hover:underline ">Bowen Coking Coal Ltd</div>
            <div class=" text-darkestgray truncate font-sans leading-4 font-semibold capitalize text-heavy-md">ASX:BCB</div>
        </div>
      </div>
</a>    <div class="px-4 mt-0.5">
      <div class="flex items-center py-4 border-t border-light">
        <div class="flex-grow text-darkestgray text-bold-sm" id="followed-count-stock_code-367">
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  data-load-engagement-count-target="follow"
  data-followable-type="stock_code"
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</div>

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      <div class="border-6 border-tooltipDownArrowLight"></div>
    </div>
  </div>
</div>

    <div data-controller="tooltip">
  <a aria-label="CAT" data-controller="event" data-event-name-value="link_click" data-event-id-value="57580" data-event-statisticable-value="wire" data-event-custom-data-value="{&quot;section&quot;:&quot;stock_code_tags&quot;}" href="/stock_codes/asx-cat">
    <div
  class="lw-badge rounded-2xl  md"
  
  
>
  <div class="flex items-center gap-2">
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  </div>
</div>

</a>  <div class="hidden" data-tooltip-target="content">
    <div class="w-80 rounded-md overflow-hidden shadow-horver-card border border-light">
  <div>
    <a data-controller="event" data-event-name-value="link_click" data-event-id-value="443" data-event-statisticable-value="stock_code" data-event-custom-data-value="{&quot;section&quot;:&quot;stock_code_tooltip&quot;}" href="/stock_codes/asx-cat">
      <div class="p-4 flex group">
        <div class="flex flex-col">
          <div class="text-heavy-17 text-body truncate truncate-two-lines break-words group-hover:underline ">Catapult Sports Ltd</div>
            <div class=" text-darkestgray truncate font-sans leading-4 font-semibold capitalize text-heavy-md">ASX:CAT</div>
        </div>
      </div>
</a>    <div class="px-4 mt-0.5">
      <div class="flex items-center py-4 border-t border-light">
        <div class="flex-grow text-darkestgray text-bold-sm" id="followed-count-stock_code-443">
            Followed by<span class="font-bold text-gray-700"> 183 </span>people
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          <div 
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  data-load-engagement-count-target="follow"
  data-followable-type="stock_code"
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</div>

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  </div>
</div>

    <div data-controller="tooltip">
  <a aria-label="CSR" data-controller="event" data-event-name-value="link_click" data-event-id-value="57580" data-event-statisticable-value="wire" data-event-custom-data-value="{&quot;section&quot;:&quot;stock_code_tags&quot;}" href="/stock_codes/asx-csr">
    <div
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>
  <div class="flex items-center gap-2">
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</div>

</a>  <div class="hidden" data-tooltip-target="content">
    <div class="w-80 rounded-md overflow-hidden shadow-horver-card border border-light">
  <div>
    <a data-controller="event" data-event-name-value="link_click" data-event-id-value="576" data-event-statisticable-value="stock_code" data-event-custom-data-value="{&quot;section&quot;:&quot;stock_code_tooltip&quot;}" href="/stock_codes/asx-csr">
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          <div class="text-heavy-17 text-body truncate truncate-two-lines break-words group-hover:underline ">CSR Ltd</div>
            <div class=" text-darkestgray truncate font-sans leading-4 font-semibold capitalize text-heavy-md">ASX:CSR</div>
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</a>    <div class="px-4 mt-0.5">
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  data-followable-type="stock_code"
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  </div>
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      +7
</a></div>

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        <div class="pt-4 pb-4 lg:pb-2 hidden sm:block">
          <div class="flex gap-2">
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  <a aria-label="BCB" data-controller="event" data-event-name-value="link_click" data-event-id-value="57580" data-event-statisticable-value="wire" data-event-custom-data-value="{&quot;section&quot;:&quot;stock_code_tags&quot;}" href="/stock_codes/asx-bcb">
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</a>  <div class="hidden" data-tooltip-target="content">
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  <div>
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          <div class="text-heavy-17 text-body truncate truncate-two-lines break-words group-hover:underline ">Bowen Coking Coal Ltd</div>
            <div class=" text-darkestgray truncate font-sans leading-4 font-semibold capitalize text-heavy-md">ASX:BCB</div>
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</a>    <div class="px-4 mt-0.5">
      <div class="flex items-center py-4 border-t border-light">
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  data-followable-type="stock_code"
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    <div class="h-0 w-full flex justify-center">
      <div class="border-6 border-tooltipDownArrowLight"></div>
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  </div>
</div>

    <div data-controller="tooltip">
  <a aria-label="CAT" data-controller="event" data-event-name-value="link_click" data-event-id-value="57580" data-event-statisticable-value="wire" data-event-custom-data-value="{&quot;section&quot;:&quot;stock_code_tags&quot;}" href="/stock_codes/asx-cat">
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  <div class="flex items-center gap-2">
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    <div class="w-80 rounded-md overflow-hidden shadow-horver-card border border-light">
  <div>
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</a>    <div class="px-4 mt-0.5">
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  <a aria-label="CSR" data-controller="event" data-event-name-value="link_click" data-event-id-value="57580" data-event-statisticable-value="wire" data-event-custom-data-value="{&quot;section&quot;:&quot;stock_code_tags&quot;}" href="/stock_codes/asx-csr">
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</a>  <div class="hidden" data-tooltip-target="content">
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  <div>
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          <div class="text-heavy-17 text-body truncate truncate-two-lines break-words group-hover:underline ">CSR Ltd</div>
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</a>    <div class="px-4 mt-0.5">
      <div class="flex items-center py-4 border-t border-light">
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          <div 
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</div>

    <div class="h-0 w-full flex justify-center">
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  </div>
</div>

    <div data-controller="tooltip">
  <a aria-label="MQG" data-controller="event" data-event-name-value="link_click" data-event-id-value="57580" data-event-statisticable-value="wire" data-event-custom-data-value="{&quot;section&quot;:&quot;stock_code_tags&quot;}" href="/stock_codes/asx-mqg">
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  <div class="flex items-center gap-2">
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</a>  <div class="hidden" data-tooltip-target="content">
    <div class="w-80 rounded-md overflow-hidden shadow-horver-card border border-light">
  <div>
    <a data-controller="event" data-event-name-value="link_click" data-event-id-value="1205" data-event-statisticable-value="stock_code" data-event-custom-data-value="{&quot;section&quot;:&quot;stock_code_tooltip&quot;}" href="/stock_codes/asx-mqg">
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          <div class="text-heavy-17 text-body truncate truncate-two-lines break-words group-hover:underline ">Macquarie Group Ltd</div>
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</a>    <div class="px-4 mt-0.5">
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</div>

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  </div>
</div>

    <div data-controller="tooltip">
  <a aria-label="ORG" data-controller="event" data-event-name-value="link_click" data-event-id-value="57580" data-event-statisticable-value="wire" data-event-custom-data-value="{&quot;section&quot;:&quot;stock_code_tags&quot;}" href="/stock_codes/asx-org">
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  <div>
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</a>    <div class="px-4 mt-0.5">
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      +5
</a></div>

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        Market Partners 
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              <span class="wire_title_component w-full block group-hover:underline"><span data-controller="logged-in-class" data-logged-in-class-logged-in-class-value="hidden"></span>The ‘quiet achiever’ that is outperforming shares and <span class="whitespace-nowrap">property<svg xmlns="http://www.w3.org/2000/svg" width="24" height="18" viewBox="0 0 24 18" fill="none" stroke="currentColor" id="embed_video" class="inline-block align-middle group-hover:underline w-6 h-4 lg:h-6 ml-2">
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  The asset class thrives on long-term industry growth, rising land values, and the ability to optimise returns through strategic investment 
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              Investment opportunities in infrastructure
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  In an environment of high economic uncertainty, ensuring an investment portfolio is diversified has never been more crucial. 
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              Listed managed investments - restructures on the menu
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  Last month saw several LICs and LITs announce restructures in a bid to remedy persistent discounts to NTA
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        Independent Investment Research 
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              Goldman Sachs: What’s ahead for the banks (and which 2 are rated BUY)
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  Goldman Sachs analysts recently previewed the banks ahead of FY23 reporting, which kicks off on 6 November.
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              <span class="wire_title_component w-full block group-hover:underline"><span data-controller="logged-in-class" data-logged-in-class-logged-in-class-value="hidden"></span>Druckenmiller: Things are going to break and equities are not the place to <span class="whitespace-nowrap">be<svg xmlns="http://www.w3.org/2000/svg" width="24" height="18" viewBox="0 0 24 18" fill="none" stroke="currentColor" id="embed_video" class="inline-block align-middle group-hover:underline w-6 h-4 lg:h-6 ml-2">
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  Two Wall Street titans, Paul Tudor Jones and Stanley Druckenmiller, sit down for a fireside chat 
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