Why Australian Mortgage Debt Remains a Resilient Portfolio Anchor
The interview with Scott Kelly, managing director of Real Asset Management, explores why Australian mortgage‑backed securities remain a resilient income source in a higher‑rate environment. Kelly highlights a market shift from headline yields to deeper risk assessment, noting the $2.4 trillion mortgage market, 40‑year securitisation history, and diversification across roughly 10,000 loans averaging $600,000 each, all under strict regulatory transparency. He differentiates private credit, emphasizing asset‑backed lending’s liquidity, and points to RAM’s vertical integration through Brighton Home Loans, which owns loans from origination to securitisation. Multiple funding warehouses, RMBS programs, and institutional investors provide robust liquidity, while first‑loss ownership aligns staff interests with investors, keeping arrears below big‑four banks. For investors, the floating‑rate nature of these securities delivers higher returns as rates stay elevated, and the diversified, low‑risk profile offers capital stability, making secured credit an attractive core holding amid tightening credit conditions.
Big Wins, Big Downside: How Fidelity Is Avoiding Risk but Still Looking for Winners
The interview with Fidelity’s global equities manager Matt Jones focuses on how the fund navigates volatile markets by prioritizing risk management over big directional bets. He explains that the portfolio maintains a beta close to one, holds roughly 80 diversified...
The “Multi-Billion Dollar Pipeline” Powering Data Centres and the New Economy
The interview explores how a multi‑billion‑dollar power pipeline is reshaping infrastructure investment, especially for data centres and the broader digital economy. Managing director Tiki Benist contrasts value‑add strategies, which carry construction and exit risk, with core infrastructure that provides long‑term,...
The Edge that Lets Barings Play Offence on Yield when Everyone Else Is Running for the Hills
In this Livewire Markets Income Series episode, Anna Dadich interviews Ashley Burtonshaw, senior portfolio manager at Barings Asset‑Based Finance Australia, about the country’s massive yet under‑appreciated residential mortgage‑backed securities (RMBS) market, which exceeds $2 trillion in notional value. Burtonshaw explains why...
Why the Space Industry Could Be Rocket Fuel for Your Portfolio
BetaShares has introduced RCKT, Australia’s first ETF dedicated solely to the space industry, riding a wave of heightened public and investor interest following Artemis 2 and the anticipated SpaceX IPO. The fund tracks the Selective Space Industry Index, a rules‑based basket...
Yields with a 7 in Front of Them: Daintree's Justin Tyler on the "Exciting" Time for Fixed Income
Justin Tyler of Daintree explained why the current macro environment makes fixed‑income especially attractive, highlighting the Reserve Bank of Australia's likely June rate hike and the lingering inflation pressures exacerbated by the Iran‑related oil shock. He noted that Daintree’s floating‑rate focus...
The Companies Controlling Their Own Destiny, on Sale at Unusually Attractive Prices
The Livewire Markets interview with Aoris Investment Management CIO Steven Arnold examined why the firm’s 15‑stock portfolio has lagged the market despite solid fundamentals. Arnold attributes the 18‑month underperformance to three forces: sectors the fund avoids (banks, insurance, heavy industry) that...
3 ETFs Designed to Keep the Income Flowing
The video introduces Global X’s trio of income‑focused ETFs designed to address Australia’s deteriorating dividend landscape. Mark Jokum explains that ASX 200 yields have fallen for three consecutive years, prompting investors to look beyond traditional bank equities toward diversified credit,...
James Abela: The High-Stakes Search for Quality
James Abela, co‑portfolio manager at Fidelity International, explained why the quality factor has entered its toughest stretch since the pre‑GFC era. Drawing on insights from Fidelity’s 180‑analyst network, he linked the slump to AI‑driven disruption, higher inflation, and a shift...
From Copper to Healthcare: How PM Capital Is Repositioning for What Comes Next
PM Capital’s Kevin Bati outlined how macro‑structural shifts are reshaping investment themes, from copper’s over‑hyped rally to a renewed focus on healthcare, European banking and industrials. He argued that recent geopolitical events—UAE’s OPEC exit, the US‑Iran conflict, and heightened US‑Canada...
Offering Equity-Like Returns, the Income Opportunity Has Rarely Been Better
The Livewire income series episode spotlights Yarra Capital’s Enhanced Income Fund, with manager Roy Keenan explaining why fixed‑income opportunities are stronger than ever in 2026. He notes that Australian government yields sit above 6%, foreign demand remains robust, and upcoming...
Banks and Private Lenders Are Teaming up, and That's Good for Investors
The interview on Livewire Markets explores how banks and private lenders are joining forces through Muzinich’s parallel‑lending model, a strategy that co‑invests alongside banks on low‑leverage, senior‑secured loans. Gianpaolo Pellegrini explains that private credit, after years of strong performance, is...
"There Are Always Opportunities": Ausbil on How Sustainable Investing Can Beat the Market
The interview spotlights Ausbil’s Active Sustainable Equity Fund (ticker ASUS), an actively managed ETF that applies the firm’s three‑decade investment expertise to Australian equities meeting ESG criteria. Ausbil leverages a disciplined top‑down, bottom‑up framework, first assessing macro conditions before selecting stocks....
How La Trobe Financial Builds Resilience Into Its Portfolios
The interview spotlights La Trobe Financial’s Australian Credit Fund, a retirement‑focused private‑credit vehicle designed to deliver resilient income streams. Chief Investment Officer Chris Payton explains that the firm manages about $25 billion for 130,000 investors, drawing on seven decades of experience...
Chris Watling on AI, Inflation, Oil and the Fragile Foundations Beneath Markets
In this episode of the Rules of Investing podcast, Long View Economics chief strategist Chris Watling breaks down three dominant forces shaping markets: geopolitics around the Strait of Hormuz, the accelerating AI wave, and the fragile recovery of Western economies....