ROI: Investing through uncertainty

Livewire Exclusive

Livewire Markets

Whether you're investing in equities, debt, or alternatives, uncertainty is an inescapable part of the game. But Michael Thawley, AO, Vice Chairman of Capital Group International, says this current period of political uncertainty is unique:

"I've never been more unsure about what the future holds than I am now."

And he should know, having spent 46 years in foreign affairs, diplomacy, and politics. His appointments have been wide ranging, including International Advisor to John Howard, Australian Ambassador to the USA, and Secretary of the Department of Prime Minister. Now, having left political life, he advises Capital Group, the world’s largest active fund manager, on important geopolitical issues.

In this week’s podcast, we discuss the US-China trade war, Australia's relationship with China, and we'll hear about the time he was personally invited to the Whitehouse by President George W Bush.

Discussion points:

1:36 - Michael recalls his farewell at the White House with President George W Bush, Donald Rumsfeld, Condoleezza Rice, Dick Cheney, and many others. 

5:01 - How this current period of political uncertainty compares with prior periods throughout the 70s, 80s, and 90s. 

9:39 - What to expect from the US-China relationship in the short, medium, and long-term.

13:04 - How the US-China trade war could affect the Australian economy.

15:30 - The importance of the Brexit negotiations for Australian investors. Will a deal be completed before the deadline?

18:39 - Australia's relationship with China; balancing economic and strategic interests.

24:07 - Looking at Labor's franking credit policy from an economic perspective, including the original purpose of the legislation.

29:16 - Why Australians shouldn't be too worried about the local investment landscape, and why we shouldn't be complacent. 

32:58 - Michael shares an impressive book and a piece of research he's recently read. 

38:16 - The best advice for a young investor. 

40:25 - What's next for the Australian Federal Government.

Links to articles and books discussed:

More information on Capital Group

Gain insight into Capital Group’s history, philosophy, people, and unique approach to investment management - The Capital System - by exploring Capital Group in more detail.

1 contributor mentioned

Livewire Exclusive brings you exclusive content from a wide range of leading fund managers and investment professionals.

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

trending on livewire
Get the best of Livewire by signing up to our popular daily newsletter