Basis Points

What will be the biggest risks and opportunities in markets over the next decade?While nobody has a crystal ball, Capital Group’s Investment Director Matt Reynolds joins the show to discuss the four structural shifts he believes will have the biggest impact on the decade to come.Plus, he explains the biggest mistake advisers are making with “diversified” portfolios.Chapters:00:00 Introduction01:40 Shift One AI Opportunity05:13 AI Bubble Or Earnings Boom08:52 Shift Two Rewiring Globalization10:23 Industrial Winners Emerging13:59 Shift Three Consumers Want Experiences19:07 Shift Four Healthcare Innovation24:05 The Diversification Mistake📈 Stocks and ETFs Mentioned:Taiwan Semiconductor Manufacturing Company (NYSE: TSM)Broadcom (NASDAQ: AVGO)———CPD Points: This episode is accredited for the following CPD points by the Financial Advice Association of Australia (FAAA). Complete the quiz here to claim your points.0.50 Total HoursKnowledge Requirements: Managed Investments (0.50 hour)Legislated CPD Area: Technical Competence (0.50 hour)———This episode has been sponsored by Capital Group. To find out more about Capital Group and their funds, head to their website: https://www.capitalgroup.com/intermediaries/au/en/Thanks to Capital Group for supporting this episode of Basis Points and helping to keep our content free.Disclaimer: Past results are not a guarantee of future results. This information has been provided solely for informational purposes and is not an offer, or solicitation of an offer, or a recommendation to buy or sell any security or instrument listed herein. Statements attributed to an individual represent the opinions of that individual as of the date published and do not necessarily reflect the opinions of Capital Group or its affiliates. The information provided is not intended to be comprehensive or to provide advice.———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.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.

What if the strategy that built your clients' wealth is the same one quietly destroying it in retirement?A new report from Milford; When Timing Becomes the Biggest Risk in Retirement, suggests that retirement fundamentally changes the maths of investing- including Dollar Cost Averaging.Ally sits down with Regan van Berlo, Australian Country Manager at Milford, to hear how the report affects the way advisers prepare their clients for retirement.Chapters:00:00:00 Why Retirement Changes Portfolio Construction03:38 Advising Clients 15 to 20 Years Earlier00:07:04 Managing Sequencing Risk and Drawdowns00:10:15 Choosing Better Retirement Portfolio Metrics00:12:25 Building Retirement Portfolios That Last00:18:02 Practical Advice for Retirement Conversations———CPD Points: This episode is accredited for the following CPD points by the Financial Advice Association of Australia (FAAA). Complete the quiz here to claim your points.0.25 Total HoursKnowledge Requirements: Retirement (0.25 hour)Legislated CPD Area: Technical Competence (0.25 hour)———This episode has been sponsored by Milford. Visit Milford’s website to find out more about their funds and download their latest Orange Paper ‘When timing becomes the biggest risk in retirement’ here. Thanks to Milford for helping us keep our content free.https://milfordasset.com.au/orange-paper-when-timing-becomes-the-biggest-risk-in-retirement/———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.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.

The same portfolio mistakes keep showing up across adviser practices, and Jacqueline Fernley, Founder and OCIO of Arcpoint, has seen them all.When it comes to public markets, the mistakes look different but are just as costly. In this episode, we explore how you can avoid them.Plus how can advisers locate long term out-performers amongst the huge dispersion of performance in the asset class.Chapters:00:00:00 Introduction00:01:36 Advice Industry Trends00:06:30 Building An OCIO Business00:08:05 Market Noise And Staying Invested00:09:42 Private Credit Reality Check00:14:45 Private Markets Are Hard00:17:58 Tax Changes And Portfolio Construction00:20:44 Infrastructure’s AI Tailwind00:23:05 What Jacqueline Avoids00:27:31 How To Assess Managers00:30:52 The AI CapEx ChartWant to see this weeks chart? Subscribe to the Basis Points newsletter. You’ll get exclusive insights from each episode, plus detailed analysis of each chart.———CPD Points: This episode is accredited for the following CPD points by the Financial Advice Association of Australia (FAAA). Complete the quiz here to claim your points.0.5 Total HoursKnowledge Requirements: Financial Planning (0.25 hour), Managed Investments (0.25 hour)Legislated CPD Area: Technical Competence (0.50 hour)———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.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.

Welcome to 2026, where bonds no longer diversify stocks, volatility remains elevated and inflation isn't going anywhere.So how should advisers and their client portfolio’s respond?Morgan Stanley Wealth Management Australia Head of Investment Strategy and Solutions, Alexandre Ventelon, believes in this new market regime, advisers must brace for more volatility and “diversify their diversifiers”.Captured at the annual Morgan Stanley Australia summit last week, this conversation covers:Best Practices in APL review processes.Common mistakes advisers make during manager selection.Limitations of traditional 60/40 portfolios.Diversification benefits of alternatives.Chapters:00:00:00 Introduction00:01:55 Smarter Fund Selection00:07:00 What Drives Returns?00:11:53 The AI CapEx Boom00:14:09 Diversify Your Diversifiers00:18:19 Why Underweight Australia00:23:49 Earnings Over Valuations00:24:38 Picking Alternative Managers00:27:26 Private Markets Under Pressure00:30:16 The Most Important ChartLinks Mentioned:Register for early bird Finfest tickets here - http://equitymates.com/finfest-industrySign up to the Basis Points email———CPD Points: This episode is accredited for the following CPD points by the Financial Advice Association of Australia (FAAA). Complete the quiz here to claim your points.0.50 Total HoursKnowledge Requirements: Alternative Assets (0.25 hour), Managed Investments (0.25 hour)Legislated CPD Area: Technical Competence (0.50 hour)———Want more Basis Points?Watch all episodes in full and relive some of our favourite clips on YouTubeSign up to the Basis Points emailJoin the conversation on LinkedIn———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.

These 10 charts will challenge your thinking on AI and economic growth.Acclaimed macro strategist and Australia’s “king of charts”, Gerard Minack from Minack Advisors joins Ally in the studio bringing his analysis of 10 different charts - each of which will reshape how you think about markets.From AI to global equities to the war in Iran, these charts will disrupt what you thought was the status quo.This episode was recorded on 26th May 2026Chapters:00:00:00 Introduction & 10 Charts00:02:01 AI Earnings Bubble00:06:22 The AI Revenue Problem00:13:02 Following The AI Money00:20:37 Has US Leadership Peaked?00:27:07 America's Earnings Bubble00:31:44 Strait Of Hormuz Risk00:37:19 Oil Shock Recession Threat00:41:58 Why The Fed Won't Cut00:44:31 The Bull Case For Japan00:49:36 Closing ThoughtsLinks Mentioned: Register for early bird Finfest tickets here - http://equitymates.com/finfest-industry———CPD Points: This episode is accredited for the following CPD points by the Financial Advice Association of Australia (FAAA). Complete the quiz here to claim your points.0.75 Total Hours Knowledge Requirements: Economic Environment (0.50 hour), Securities (0.25 hour) Legislated CPD Area: Technical Competence (0.25 hour), General (0.50 hour)———Want more Basis Points?Watch all episodes in full and relive some of our favourite clips on YouTubeSign up to the Basis Points emailJoin the conversation on LinkedIn———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.

Want to learn how to sniff out red flags and greenwashing from a mile away? Australian Ethical’s Chief Impact & Ethics Officer Alison George has spent 20 years crafting her nose for it.In this episode she shares her Green and Red flags for choosing ESG funds plus the questions advisers can ask to cut through the greenwashing spin.She also tackles why the ethical investment industry needs to communicate better with investors - and whether you'll get better bang for your buck backing a transitioning fossil fuel giant over a tiny wind farm.Chapters:00:00:00 Ethical Investing Under Fire00:02:10 ESG After The Boom00:08:12 When Ethics Trigger Divestment00:11:54 Spotting Genuine ESG Funds00:13:30 Backing Real Climate Winners00:16:34 Advisers And Client Values00:20:26 Climate Risk And Greenwashing00:23:36 Pay-To-Play ESG Concerns00:24:51 Risks Shaping The Future00:27:18 Why Inequality Connects Everything📈 Stocks and ETFs Mentioned: National Australia Bank (ASX: NAB) WiseTech (ASX: WTC) Lendlease (ASX: LLC)Links Mentioned: Register for early bird finfest tickets here - http://equitymates.com/finfest-industry———CPD Points: This episode is accredited for the following CPD points by the Financial Advice Association of Australia (FAAA). Complete the quiz here to claim your points.0.5 Total Hours Knowledge Requirements: Fixed Interest (0.25 hour) and Managed Investments (0.25 hour) Legislated CPD Area: Technical Competence (0.50 hour)———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.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.