Talk Money To Me

Welcome to this fortnight’s TMTM Order Pad, where we break down one high-conviction investment idea and assess whether the market is mispricing the opportunity.In this episode, Felicity dives into WiseTech Global (WTC.ASX) one of the ASX’s most widely followed technology stocks and explains why we believe the company could be entering a critical 2026 re-rating phase.After a sharp sell-off across global software stocks, WiseTech now trades below historical valuation averages despite strong customer retention, growing free cash flow, a transition to transaction-based pricing, and integration upside from e2open.In this deep dive, we cover:• What WiseTech actually does and why CargoWise is mission-critical• The pricing model shift and margin outlook• e2open integration risks and opportunities• AI disruption risk or competitive advantage?• What the upcoming FY26 result needs to proveIs this simply a recovery trade or a genuine asymmetric opportunity?IMPORTANT: WTC.ASX at the time of recording 10th February 2026 is trading between $47 and $50🎯 About TMTM Order PadOrder Pad is our fortnightly high-conviction stock segment, where we analyse companies with structural advantages, strong cash generation, and identifiable catalysts ahead. Think next-multibagger energy with institutional discipline.Positioning before consensus.⚠️ Important DisclaimerThis podcast contains general information only and does not take into account your personal objectives, financial situation or needs. It does not constitute personal financial advice. Before making any investment decision, you should consider whether the information is appropriate for you and seek advice from a licensed financial adviser. Talk Money To Me is hosted by advisers at Shaw and Partners Felicity Thomas and Candice Bourke (AFSL 236048). Past performance is not a reliable indicator of future performance. All investments carry risk. Investments may rise and fall in value, and capital loss is possible.📩 Get in TouchIf you would like to discuss your portfolio or explore whether WiseTech or other ASX opportunities may be appropriate for you:📧 tcftgroup@shawandpartners.com.au🌐 www.cftgroup.com.au🎙 Follow Talk Money To Me on Spotify, Apple Podcasts & YouTube📱 Follow @TalkMoneyToMePodcast on Instagram & @TalkMoneyToMe on LinkedIn

What does 2026 really look like for investors?In this first episode back for 2026, Talk Money To Me hosts Felicity Thomas and Candice Bourke break down what’s actually driving markets beneath the surface using institutional insights from global strategy teams across equities, credit, derivatives and China.Markets may be broadening, but risks are shifting and in this episode we unpack what that means for portfolios.In this episode we cover:Why markets feel calmer but may actually be more fragile in 2026The rotation away from the US and why China and Europe are back in focusThe next phase of the AI trade — and why it’s moved beyond mega-cap techHow to think about copper, infrastructure and electrification as AI enablersWhy private credit and high yield could be the hidden risk this yearWhy Europe, particularly banks and credit, is quietly well positionedThe key 2026 market catalysts to watch — from China’s NPC to US midtermsHow UBS’s “10 Surprises” framework is already playing out in marketsWhat Felicity and Candice are actually doing in portfolios as a result2025 was about chasing what worked.2026 is about positioning for what’s coming next.⚠️ Important DisclaimerThis podcast is for general information only and does not take into account your personal objectives, financial situation or needs.While Felicity Thomas and Candice Bourke are Authorised Representatives of Shaw and Partners Limited (AFSL 236048), the information discussed in this podcast does not constitute personal financial advice or a recommendation to buy or sell any financial product.You should consider whether the information is appropriate for you and seek independent professional advice before making any financial decisions.Information is current as at the time of recording: 4th February 2026📩 Contact & More InformationIf you’d like to discuss any of the themes covered in this episode or understand how they may apply to your portfolio:Visit: www.cftgroup.com.au Or get in touch with Felicity Thomas or Candice Bourke cftgroup@shawandpartners.com.au Follow Talk Money To Me on Spotify or Apple Podcasts, and share this episode with someone who loves their markets, macros and long-term investing conversations.

Black Friday panic, Christmas chaos… and a derivatives-led global equity sell-off. In this episode of Talk Money To Me, Candice and Felicity zoom out from the noise and share six major investment themes set to shape portfolios in 2026 plus the ETFs, sectors and stocks they’re watching right now.Recorded on 25 November 2025 following a sharp but non-fundamental global equity pullback driven by CTAs, futures activity and a VIX spike, the pair break down why retail investors have been buying the dip, not selling it and why the medium-term setup for equities remains constructive.They then reveal their 2026 Playbook, covering:⭐ Theme 1 – Mid-Duration Fixed Income & Floating RatesWhy the 3–5 year part of the curve, senior bank notes, floating-rate notes and diversified bond ETFs (like MQSD) are compelling defensive anchors heading into an uncertain rate environment.🔌 Theme 2 – The Great Energy UpgradeAI power demand, electricity grid strain and the resurgence of LNG and nuclear. Featuring WDS, uranium via URNM/ATOM, BOE, PDN and enrichment play SLX.🤖 Theme 3 – The Critical AI Value ChainThe backbone of AI: semis, cooling, power, data centres and transmission. With names including NVDA, AVGO, VRT, SMCI, ASML, TSMC, EQIX, DLR, NXT and ETFs GXAI and NDQ.🧬 Theme 4 – Disruptive Science & Healthcare Re-RatingGLP-1s, radiopharmaceuticals and gene editing. Opportunities across CSL, TLX, Novo Nordisk, Eli Lilly and ETFs DRUG, CURE, ARKG and IXJ.⚙️ Theme 5 – Critical Minerals & Strategic CommoditiesCopper shortages, rare earth dominance and long lead-time supply constraints. Ideas include ACDC, COPX, BHP, LYC and ILU.🌍 Theme 6 – Global SMID & Quality RotationOne of the most compelling under-the-radar opportunities of 2026. Exploring valuation gaps, historical outperformance and quality SMID exposures. If you’re planning your 2026 portfolio strategy, this episode is your end-of-year roadmap across bonds, AI, energy, commodities, healthcare and global SMIDs.⚠️ DisclaimerThis content is for informational and educational purposes only and does not constitute financial advice. Candice Bourke and Felicity Thomas are authorised financial advisers with Shaw and Partners Limited (AFSL 236 048). The views expressed are general in nature and have not considered your personal circumstances. Please seek independent professional advice before making any financial decisions. Information is current as of the recording date (25 November 2025).📧 Contact us: cftgroup@shawandpartners.com.au info@cftgroup.com.au

In this episode of Talk Money To Me, Candice Bourke and Felicity Thomas take you through the biggest forces shaping markets right now — from renewed AI scrutiny, sticky inflation, and shifting interest-rate expectations, to Australia’s new era of resource reinvention. We break down the key macro trends, the sector winners and losers, and the commodities powering the next decade of global growth. What we cover in this episode:Market Pulse: AI Growing Pains & Macro Cross-CurrentsWhy “beats not rewarded” is back this earnings seasonAI infrastructure’s funding tension: $13B revenues vs $1.4T spend commitmentsLabour softness vs strong corporate earningsFed & RBA rate-cut expectations into late-2025/2026Why investors are shifting to quality, income and pricing power The Big Commodity Themes to WatchCopper: AI, EVs and renewables doubling demand by 2035Uranium: the fuel behind decarbonisation and AI-driven energy demandRare Earths: the strategic backbone of defence, EVs and windGold: outperforming the S&P 500 as a “store of trust”⚠️ Disclaimer:This content is for informational and educational purposes only and does not constitute financial advice. Candice Bourke and Felicity Thomas are authorised financial advisers with Shaw and Partners Limited (AFSL 236 048). The views expressed are general in nature and have not considered your personal circumstances. Please seek independent professional advice before making any financial decisions. Information is current as of the recording date (11 November 2025).📧 Contact us: cftgroup@shawandpartners.com.au or info@cftgroup.com.au for our latest research monitor

In this episode of Talk Money To Me, Candice Bourke sits down with Jeff Cullen, Managing Director at Schafer Cullen Capital Management, to unpack what’s really driving global equity markets right now from the resurgence of value investing to the opportunities unfolding in AI, electrification, and global income strategies.With over three decades of experience across Wall Street and global fund management, Jeff shares invaluable insights into:🏦 The rebirth of global value investing — and what’s fuelling the rotation away from growth 💶 Europe’s trillion-euro fiscal stimulus — creating long-term structural tailwinds 🌍 Global macro shifts — the implications of Trump’s policies, U.S. dollar weakness, and trade tensions with China ⚡ Electrification leaders — how dividend-paying giants like Toyota, Siemens, and Enel are powering the energy transition 🤖 AI meets value — why artificial intelligence is no longer just a growth story 🏗️ Onshoring momentum — supply-chain shifts, protectionism, and where the next wave of opportunity lies 💰 Jeff’s best buy idea — his top conviction call in the current market environmentThis conversation ties directly into the Shaw and Partners Global Equity Income Strategy, managed in partnership with Schafer Cullen Capital a concentrated global value portfolio targeting above-market yield and long-term income growth.🎧 Tune in to hear how disciplined value investing, global diversification, and sustainable dividends are shaping opportunities for income and growth in 2025 and beyond.⚠️ Disclaimer:This content is for informational and educational purposes only and does not constitute financial advice. Candice Bourke and Felicity Thomas are authorised financial advisers with Shaw and Partners Limited (AFSL 236 048). The views expressed are general in nature and have not considered your personal circumstances. Please seek independent professional advice before making any financial decisions. Information is current as of the recording date (24 October 2025).📧 Contact us: cftgroup@shawandpartners.com.au or info@cftgroup.com.au

In this episode of Talk Money To Me, Candice Bourke and Felicity Thomas dive into one of the most significant financial shifts of our time — the intergenerational wealth transfer.Over the next 25 years, trillions of dollars will move from one generation to the next, and the way families plan for this transition will determine whether that wealth endures or disappears.Joining them is Glen Frost, Partner in PwC’s Private Clients team and leader of PwC’s Australian Family Office practice. With over three decades of experience advising business owners, entrepreneurs, and family offices, Glen shares invaluable insights on how to protect, structure, and pass on wealth effectively.They unpack: 💰 The staggering scale of Australia’s upcoming wealth transfer ⚖️ Why 70% of family businesses fail to make it past the second generation 🏠 Common estate and superannuation pitfalls to avoid 👩‍👧 The growing role of women in managing and inheriting wealth 🧭 How to engage and prepare the next generation for leadership and ownership 🤝 The importance of trust, communication, and early planningWhether you’re a parent, business owner, or future inheritor, this conversation will help you understand what it really takes to build a lasting legacy and why now is the time to start the conversation.⚠️ Disclaimer:This content is for informational and educational purposes only and does not constitute financial advice. Candice Bourke and Felicity Thomas are authorised financial advisers with Shaw and Partners Limited (AFSL 236 048). The views expressed are general in nature and have not considered your personal circumstances. Please seek independent professional advice before making any financial decisions. Information is current as of the recording date (1 August 2025).

In this episode of Talk Money To Me, Candice Bourke and Felicity Thomas sit down with David Franklyn, Fund Manager of the Argonaut Natural Resources Fund, to explore the next resource cycle and the potential mining boom in 2025.We dive into:✨ Gold outlook – still glittering for investors?🔋 Lithium – is the bear market finally over?⚡ Copper demand – the “metal of electrification” powering the energy transition.☢️ Uranium – nuclear’s comeback and supply/demand tailwinds.🌏 Tariffs & trade – risks vs opportunities for Australian miners.The Argonaut Natural Resources Fund has returned 24.9% p.a., outperforming the ASX 300 Resources Index. David shares his investment strategy, portfolio themes, and outlook as we head deeper into the 2025 resource cycle.📧 Contact us: cftgroup@shawandpartners.com.au 🔗 Learn more: argonautfundsmanagement.com⚠️ Disclaimer: This content is for informational and educational purposes only and does not constitute financial advice. Candice Bourke and Felicity Thomas are authorised financial advisers with Shaw and Partners Limited (AFSL 236 048). The views expressed are general in nature and have not considered your personal circumstances. Please seek independent professional advice before making any financial decisions. Information is current as of the recording date (21 August 2025).

In this episode of Talk Money To Me, Candice Bourke and Felicity Thomas sit down with Shaw and Partners Senior Research Analyst Philip Pepe to unpack Australia’s industrial sector following the FY25 reporting season.We cover:Key reporting season takeaways across the ASX industrials sectorHow companies are navigating inflation, rising costs, and the energy transitionStrong results from Southern Cross Electrical (SXE), Tasmea (TEA), SRG, and IPD Group (IPG)The outlook for engineering services, infrastructure, and data centresEmerging clean energy opportunities across Calix (CXL) and Hazer Group (HZR)Philip’s top stock picks for 2026 and how investors should be positioning now👉 If you want to understand how the Australian industrials sector is being reshaped by themes like engineering services, infrastructure growth, data centres, and the energy transition, this conversation is not to be missed.Reach out to us for Philip’s full research or tailored advice: cftgroup@shawandpartners.com.auGeneral Advice Disclaimer:The information in this podcast is general in nature and does not take into account your personal objectives, financial situation, or needs. It is not financial product advice and should not be relied upon as such. Before making any investment decision, you should consider the appropriateness of the information having regard to your personal circumstances and seek professional advice. Past performance is not a reliable indicator of future performance. Facts and opinions discussed are based on information available at the time of recording (3 September 2025). For personal advice tailored to your situation, please contact your financial adviser. The hosts of this podcast and their guests may hold positions in the companies discussed. Talk Money To Me operates under the Shaw and Partners AFSL 236048.