Insights

"Quality counts. If you are a long-term investor, it’s hard to find a more important factor as to what will power your ultimate investment returns. That said, quality is impossible to measure with precision because it often embodies more subjective qualitative factors than easily quantifiable measurements. Quality is also dynamic and changes over time".  Tom Gayner, CEO Markel

Bennelong Funds Management is pleased to announce the appointment of two new directors, Anil Nair and Campbell Fleming, to its board effective 1 November 2024.

The incoming Trump administration has raised uncertainty about the outlook for global markets in 2025, particularly around the implementation of Trump’s protectionist policies, according to Bennelong and its boutique partners Canopy Investors, 4D Infrastructure and Quay Global Investors.

While hindsight is 20/20, Nike's recent moves in the retail space offer valuable lessons for consumer businesses and real estate investors alike. 

In this article, Peter Aquilina (Portfolio Manager – Sustainability), summarises the challenges and opportunities that the growing data centre load demand is providing for infrastructure companies globally.

“The first rule of fishing is 'fish where the fish are', and the second rule of fishing is 'don't forget rule number one'. And in investing it's the same thing. Some places have lots of fish, and you don't have to be that good a fisherman to do pretty well. Other places are so heavily fished that no matter how good a fisherman you are, you aren't going to do very well”. 

Bennelong Funds Management has appointed Alan O’Brien to the newly created role of Relationship Manager, Trustee Services.

From rising deficits to debunking housing market myths, this article explores the economic indicators shaping the US and Australian markets, offering insights into fiscal policies, interest rates, and real estate dynamics. 

With so much to report from the trip, we split our insights into two parts. In part 1 of this piece, we highlighted some interesting political themes and observations from the trip that have influenced our ongoing investment in the region. In this second part, we explore the state of play for economics and infrastructure, as well as our portfolio positioning in LatAm.