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          <time datetime="2025-11-05T09:44:51+11:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">November 05, 2025 09:44</time>
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              Code, build and repeat
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  Stock market returns of more than 20% are common around the world this year.
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        BNP Paribas Asset Management
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        <time datetime="2025-11-05T09:44:51+11:00" data-controller="datetime" class="hidden sm:block sm:flex-none order-1 w-36 uppercase pre-header-sm lg:pre-header-md text-darkgray">November 05, 2025 09:44</time>
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          <time datetime="2025-11-05T09:20:44+11:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">November 05, 2025 09:20</time>
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              5 quality ASX companies this fundie is buying below their highs
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  While others chase momentum, Ben Griffiths is sticking to his process and snapping up quality names trading below their peaks.
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            <h2 class="mt-2 headline-md lg:headline-xl lg:group-hover:underline sm:max-w-full max-w-[60%] ">
              Power surge: The infrastructure boom investors shouldn’t ignore
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  Power demand from data centres and onshoring is transforming US utilities and midstream assets and creating fresh value for investors.
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        4D Infrastructure
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            <a class="pre-header-sm lg:pre-header-md uppercase text-primary hover:underline" href="/categories/private-assets">Private Markets</a>

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          <time datetime="2025-11-05T08:31:09+11:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">November 05, 2025 08:31</time>
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          <div class="sm:flex-grow">
            <h2 class="mt-2 headline-md lg:headline-xl lg:group-hover:underline sm:max-w-full max-w-[60%] ">
              Private credit: a roadmap for a confident and informed sector
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            <div id="wire-summary" class="paragraph-sm text-darkestgray break-word mt-2 sm:paragraph-xs lg:paragraph-lg">
  When done well, private markets benefit those seeking capital, investors and borrowers and the wider economy.
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        ASIC
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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>&quot;Nothing is forever&quot;: Why investors must respect risk in a hot <span class="whitespace-nowrap">market<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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  With every asset class flying high and private credit booming,  Paul Miron urges caution and explains how investors can avoid hidden risks.
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              Morgans’ top large-cap picks for November 2025
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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 ">Amcor Plc</div>
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  <div>
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  <div>
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              A decade behind: One third of Australians unprepared for retirement
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  29% of Australians aged 50 and over are underprepared for retirement by more than 10 years against average life expectancy.
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              Different paths, shared label
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  Emerging Markets are grouped together, but have their unique characteristics, which are rarely explored.
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              Beyond US$5 trillion: Qiao Ma’s Nvidia call keeps gaining momentum
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  Wall Street’s Nvidia targets are surging to as much as US$350, echoing Qiao Ma’s conviction that the AI leader’s run is far from over.
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              Are you underweight the asset class driving the best performing portfolios in the world?
            </h2>
            <div id="wire-summary" class="paragraph-sm text-darkestgray break-word mt-2 sm:paragraph-xs lg:paragraph-lg">
  Endowments allocate up to 40% to alternatives and they’ve consistently outperformed across decades.
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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 property assets still trading at a discount as investors chase <span class="whitespace-nowrap">growth<svg xmlns="http://www.w3.org/2000/svg" width="24" height="24" viewBox="0 0 24 24" fill="none" id="embed_podcast" class="inline-block align-middle group-hover:underline w-6 h-4 lg:h-6 ml-2">
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  Global REITs are trading at rare discounts as investors chase growth. Chris Bedingfield says patience is the edge in property. 
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              Argentina: A hotbed for copper discovery
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  Geologist James Cooper details why Argentina is emerging as the next major copper province. Same geology as Chile, but barely explored.
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        Fat Tail Investment Research
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              The new rules of money, beyond the house deposit
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  The traditional financial goals by age have changed – but what should they be in today’s world?
</div>

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        Livewire Markets
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          <time datetime="2025-11-04T06:00:19+11:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">November 04, 2025 06:00</time>
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            <h2 class="mt-2 headline-md lg:headline-xl lg:group-hover:underline sm:max-w-full max-w-[60%] ">
              If 24 LICs ran the Melbourne Cup, which ones would we back?
            </h2>
            <div id="wire-summary" class="paragraph-sm text-darkestgray break-word mt-2 sm:paragraph-xs lg:paragraph-lg">
  We handicap 24 LICs by performance, discounts, managers and market conditions and reveal the three we think can cross the line first.
</div>

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</a>      </div>
        <div class="pt-4 pb-4 sm:hidden">
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          <div class="text-heavy-17 text-body truncate truncate-two-lines break-words group-hover:underline ">Acorn Capital Investment Fund Ltd</div>
            <div class=" text-darkestgray truncate font-sans leading-4 font-semibold capitalize text-heavy-md">ASX:ACQ</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-33">
            Followed by<span class="font-bold text-gray-700"> 157 </span>people
        </div>
          <div 
  class="follow-stock-code-33-stock-code-tooltip-hovercard"
  data-load-engagement-count-target="follow"
  data-followable-type="stock_code"
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  <div class="flex items-center gap-2">
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</a>  <div class="hidden" data-tooltip-target="content">
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      <div class="p-4 flex group">
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          <div class="text-heavy-17 text-body truncate truncate-two-lines break-words group-hover:underline ">Australian Foundation Investment Company Ltd</div>
            <div class=" text-darkestgray truncate font-sans leading-4 font-semibold capitalize text-heavy-md">ASX:AFI</div>
        </div>
      </div>
</a>    <div class="px-4 mt-0.5">
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        <div class="flex-grow text-darkestgray text-bold-sm" id="followed-count-stock_code-241">
            Followed by<span class="font-bold text-gray-700"> 1611 </span>people
        </div>
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  class="follow-stock-code-241-stock-code-tooltip-hovercard"
  data-load-engagement-count-target="follow"
  data-followable-type="stock_code"
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  <div>
    <a data-controller="event" data-event-name-value="link_click" data-event-id-value="284" data-event-statisticable-value="stock_code" data-event-custom-data-value="{&quot;section&quot;:&quot;stock_code_tooltip&quot;}" href="/stock_codes/asx-bti">
      <div class="p-4 flex group">
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          <div class="text-heavy-17 text-body truncate truncate-two-lines break-words group-hover:underline ">Bailador Technology Investments Ltd</div>
            <div class=" text-darkestgray truncate font-sans leading-4 font-semibold capitalize text-heavy-md">ASX:BTI</div>
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</a>    <div class="px-4 mt-0.5">
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        <div class="flex-grow text-darkestgray text-bold-sm" id="followed-count-stock_code-284">
            Followed by<span class="font-bold text-gray-700"> 71 </span>people
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  class="follow-stock-code-284-stock-code-tooltip-hovercard"
  data-load-engagement-count-target="follow"
  data-followable-type="stock_code"
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      +28
</a></div>

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          <div class="text-heavy-17 text-body truncate truncate-two-lines break-words group-hover:underline ">Acorn Capital Investment Fund Ltd</div>
            <div class=" text-darkestgray truncate font-sans leading-4 font-semibold capitalize text-heavy-md">ASX:ACQ</div>
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            Followed by<span class="font-bold text-gray-700"> 157 </span>people
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  class="follow-stock-code-33-stock-code-tooltip-hovercard"
  data-load-engagement-count-target="follow"
  data-followable-type="stock_code"
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</a>  <div class="hidden" data-tooltip-target="content">
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      <div class="p-4 flex group">
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          <div class="text-heavy-17 text-body truncate truncate-two-lines break-words group-hover:underline ">Australian Foundation Investment Company Ltd</div>
            <div class=" text-darkestgray truncate font-sans leading-4 font-semibold capitalize text-heavy-md">ASX:AFI</div>
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</a>    <div class="px-4 mt-0.5">
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        <div class="flex-grow text-darkestgray text-bold-sm" id="followed-count-stock_code-241">
            Followed by<span class="font-bold text-gray-700"> 1611 </span>people
        </div>
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  class="follow-stock-code-241-stock-code-tooltip-hovercard"
  data-load-engagement-count-target="follow"
  data-followable-type="stock_code"
  data-followable-id="241"
  data-options="{&quot;custom_data&quot;:{&quot;section&quot;:&quot;stock_code_tooltip&quot;},&quot;style&quot;:&quot;hovercard&quot;}"
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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="284" data-event-statisticable-value="stock_code" data-event-custom-data-value="{&quot;section&quot;:&quot;stock_code_tooltip&quot;}" href="/stock_codes/asx-bti">
      <div class="p-4 flex group">
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          <div class="text-heavy-17 text-body truncate truncate-two-lines break-words group-hover:underline ">Bailador Technology Investments Ltd</div>
            <div class=" text-darkestgray truncate font-sans leading-4 font-semibold capitalize text-heavy-md">ASX:BTI</div>
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</a>    <div class="px-4 mt-0.5">
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        <div class="flex-grow text-darkestgray text-bold-sm" id="followed-count-stock_code-284">
            Followed by<span class="font-bold text-gray-700"> 71 </span>people
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  class="follow-stock-code-284-stock-code-tooltip-hovercard"
  data-load-engagement-count-target="follow"
  data-followable-type="stock_code"
  data-followable-id="284"
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        <div class="flex flex-col">
          <div class="text-heavy-17 text-body truncate truncate-two-lines break-words group-hover:underline ">CD Private Equity Fund I</div>
            <div class=" text-darkestgray truncate font-sans leading-4 font-semibold capitalize text-heavy-md">ASX:CD1</div>
        </div>
      </div>
</a>    <div class="px-4 mt-0.5">
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            Followed by<span class="font-bold text-gray-700"> 19 </span>people
        </div>
          <div 
  class="follow-stock-code-541-stock-code-tooltip-hovercard"
  data-load-engagement-count-target="follow"
  data-followable-type="stock_code"
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  <a aria-label="CD2" data-controller="event" data-event-name-value="link_click" data-event-id-value="64142" data-event-statisticable-value="wire" data-event-custom-data-value="{&quot;section&quot;:&quot;stock_code_tags&quot;}" href="/stock_codes/asx-cd2">
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    <a data-controller="event" data-event-name-value="link_click" data-event-id-value="542" data-event-statisticable-value="stock_code" data-event-custom-data-value="{&quot;section&quot;:&quot;stock_code_tooltip&quot;}" href="/stock_codes/asx-cd2">
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          <div class="text-heavy-17 text-body truncate truncate-two-lines break-words group-hover:underline ">CD Private Equity Fund Ii</div>
            <div class=" text-darkestgray truncate font-sans leading-4 font-semibold capitalize text-heavy-md">ASX:CD2</div>
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            Followed by<span class="font-bold text-gray-700"> 11 </span>people
        </div>
          <div 
  class="follow-stock-code-542-stock-code-tooltip-hovercard"
  data-load-engagement-count-target="follow"
  data-followable-type="stock_code"
  data-followable-id="542"
  data-options="{&quot;custom_data&quot;:{&quot;section&quot;:&quot;stock_code_tooltip&quot;},&quot;style&quot;:&quot;hovercard&quot;}"
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      +26
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        Affluence Funds Management
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              Vihari Ross: A generational cycle is starting, and investors are still on the sidelines
            </h2>
            <div id="wire-summary" class="paragraph-sm text-darkestgray break-word mt-2 sm:paragraph-xs lg:paragraph-lg">
  Ross said the energy transition would trump AI as the decade’s biggest capital cycle. A year on, she says the numbers still back her view.
</div>

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        Livewire Markets
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            <h2 class="mt-2 headline-md lg:headline-xl lg:group-hover:underline sm:max-w-full max-w-[60%] ">
              $3 trillion in revenue, 17% growth, and a dose of bubble risk
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            <div id="wire-summary" class="paragraph-sm text-darkestgray break-word mt-2 sm:paragraph-xs lg:paragraph-lg">
  Big tech fundamentals remain strong, but Magellan flags froth, IPO mania, and rising speculative excesses.
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              The big RBA forecast miss on Q3 inflation
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            <div id="wire-summary" class="paragraph-sm text-darkestgray break-word mt-2 sm:paragraph-xs lg:paragraph-lg">
  Inflation spiked in Q3, posting one of the largest ex-COVID increases in the inflation targeting era, well above the RBA&#39;s forecast. 
</div>

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        Coolabah Capital
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          <time datetime="2025-11-03T14:31:24+11:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">November 03, 2025 14:31</time>
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              When dumb money beats smart money, it’s time to worry
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            <div id="wire-summary" class="paragraph-sm text-darkestgray break-word mt-2 sm:paragraph-xs lg:paragraph-lg">
  Retail investors are crushing the pros and that’s rarely a good sign. Owen Lamont says “dumb money” wins often mark bubble territory.
</div>

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              Buffett is holding a record $382 billion in cash - what&#39;s next?
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  Berkshire’s war chest just hit an all-time high. The smart money is watching his next move.
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              An open letter to The Hon. Dr. Jim Chalmers MP
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  The preliminary decision to block Cosette&#39;s acquisition of Mayne Pharma sets a bad precedent and would weaken Australia&#39;s capital markets. 
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