Investment insights

#147 Sense checking portfolio positioning – Part 2: Equities

17 July 2023

#146 Sense checking portfolio positioning – Part 1: Credit

10 July 2023

FY23: The financial year in review

4 July 2023

#145 Australian economy: Stickier inflation, higher rates & slower growth

26 June 2023

#144 Diversification is the best defence against elevated uncertainty

19 June 2023

#142 US – Still our most preferred global equity market exposure

5 June 2023

#141 Australian residential property: Prices appear to have bottomed, but the pace of the upswing remains uncertain

29 May 2023

#140 Fixed Income: How to position for the end of rate hikes

15 May 2023

#139 Cautious and defensive – Takeaways from Macquarie’s 2023 Australian Conference

8 May 2023

#138 Private Markets: Short term risks but long term appeal remains

17 April 2023

#137 Cyclical headwinds for commercial real estate

29 March 2023

#136 A Q&A on recent financial sector developments

27 March 2023

#135 Time to lock in peak fixed income yields

20 March 2023

#134 Interest rate and not systemic default risk remains the primary concern for investors post SVB's collapse

13 March 2023

#133 Not time to make a call on small caps

6 March 2023

#132 Growth Stocks – still stuck on red

17 February 2023

#131 The Reserve Bank of Australia – the A-Z of interest rate policy

10 February 2023

#130 Fixed Income Outlook – Expecting a “good” if not “great” year for bonds

6 February 2023

#129 2023 Asset Market Outlook: A once in a decade entry point for long-term investors

30 January 2023

#128 Tug-o-war: Are markets too optimistic or are economists too pessimistic?

23 January 2023

#127 Markets start the year optimistically

16 January 2023

CY22: The year in review

10 January 2023

#126 Cryptocurrencies: The tide goes out

5 December 2022

#125 Bear market not yet over

22  November 2022

#124 What will it take for growth stocks to recover?

17  November 2022

#123 The RBA has not finished raising rates

4  November 2022

#122 China: A less appealing long-term investment option

31 October 2022

#121 How to manage volatile markets

24 October 2022

#120 Alternative real estate: A new growth option in real assets

10 October 2022

#119 RBA adopts a wait and see approach

5 October 2022

#118 Alternatives: Hedge funds – Three preferred strategies for volatiles times

4 October 2022

Australian Consumer Outlook: Demand to be a casualty in the fight against inflation

30 September 2022

Commodities update: Big commodity price downgrades

29 September 2022

#117 Australian equities: Headwinds are set to intensify

28 September 2022

#116 Emerging Markets: Too early to go back in

26 September 2022

#115 Fixed income – Credit: Not yet priced for ongoing uncertainty

19 September 2022

The lesser of two evils

14 September 2022

#114 Downside economic growth risks intensify

12 September 2022

#113 Central bankers deliver a healthy dose of reality

29 August 2022

#112 Hedge Funds: Offering diversification and downside risk protection

22 August 2022

#111 Sovereign bonds: Offering yield and capital preservation

15 August 2022

#110 Infrastructure: Our preferred Real Asset exposure

8 August 2022

#109 RBA Watch: Another 50bps rate hike with more to come

3 August 2022

#108 Where investors go to for yield

2 August 2022

#107 Why we are underweight Australia versus global equities

18 July 2022

FY22: The year in review

4 July 2022

Global Economic and Markets Outlook

1 July 2022

#106 Why markets remain under pressure

27 June 2022

#105 Why we still like a 60:40 portfolio

20 June 2022

#104 The anatomy of an equity bear market

15 June 2022

#103 US inflation shock(er) pushes equities into bear market

14 June 2022

#102 The RBA removes all ambiguity in an effort to tame inflation

8 June 2022

#101 Fixed Income - Credit: Expect further spread widening

30 May 2022

The 2023 mid-year outlook

20 July 2023

In this special edition of Investment Matters, hear insights from Macquarie Group Chief Economist, Ric Deverell, and our Wealth Management Investment Strategy team.

Topics include the global and Australian economic outlook, a spotlight on the Australian housing market, and seven key insights for the second half of 2023.

Why markets have proven resilient

9 June 2023

In the June edition of Investment Matters, Jason Todd, Macquarie’s Head of Investment Strategy, takes a closer look at the resilience of both equity markets and the global economy. He also provides insights into portfolio positioning for a high interest rate environment.

Volatility to persist

8 May 2023

In the May edition of Investment Matters, Jason Todd, our Head of Wealth Management Investment Strategy, provides insight into whether equity markets are reaching a turning point, whether property prices have stopped falling, and what pressures on private market valuations could mean for investors.

Testing times

6 April 2023

In the April edition of Investment Matters, Jason Todd, Macquarie’s Head of Investment Strategy, takes a closer look at the recent volatility surrounding several United States banks and the and the absorption of Credit Suisse by UBS, and shares three key updates to explain what’s happened, what these events mean for Australia and how they may impact the economic and investment outlook going forward.

Downside risks keep building

10 March 2023

In our March edition of Investment Matters, we take a closer look at why Australia’s economy has been so resilient to rate hikes, whether the RBA will be able to engineer a soft economic landing; and why equity markets have remained resilient to rising interest rates and economic headwinds.

Risk rally running out of steam

10 February 2023

In the February edition of Investment Matters, we take a closer look at the outlook for equity markets and also discuss the implications and path forward for Australian interest rates following the latest hike by the Reserve Bank of Australia.

Progress made but job not done

2 December 2022

In the final edition of Investment Matters for 2022, Jason Todd, our Head of Wealth Management Investment Strategy, looks to the new year and what we could expect from markets, interest rates and inflation in 2023 with policymakers possibly shifting from tightening to easing.  

The tightening cycle continues

7 November 2022

As we head into the final months of the year, it is worth assessing the current state of play for investors as they start to consider portfolio positioning into 2023. In the November edition, Jason Todd, our Head of Wealth Management Investment Strategy, addresses inflation, how close the RBA is to peak rates and what this will mean for the Australian dollar.

Not ready to raise risk yet

7 October 2022

It’s been another tough quarter for asset markets. Hear from Jason Todd, our Head of Investment Strategy, as he discusses why asset markets have been so weak, what to look for to signal a sustainable turn, and how we think investors should position now and looking forward into 2023.

Reality bites

2 September 2022

The investment backdrop remains challenging and we see limited scope for meaningful improvement out through year end and into 2023. We started 2022 worried about rising inflation, the need for central banks to begin hiking policy rates and for economic growth to slow. 

Biding time

17 August 2022

In the August edition, Jason Todd, our Head of Wealth Management Investment Strategy, discusses the likelihood of Australia avoiding a recession in 2023, and takes a closer look at both the bond and equity market sell offs.

2H22 Outlook - An end to "easy" money isn't always easy

7 July 2022

In our special mid-year investment outlook, Jason Todd, our Head of Wealth Management Investment Strategy, sits down with Ric Deverell, Macquarie Group’s Chief Economist and Head of Net Zero, to discuss the current state of the global and Australian economies, financial markets, and the benefits of maintaining a balanced portfolio throughout the second half of 2022.

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Too early to recession-proof portfolios

7 June 2022

Is the equity sell-off over? Are we looking at the possibility of a global economic recession? In the June edition of Investment Matters, our Head of Wealth Management Investment Strategy takes a deeper dive into these topical questions.

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Looking through the panic

16 May 2022

In this month's edition of Investment Matters, our Head of Wealth Management Investment Strategy, Jason Todd, discusses the outlook for Australian interest rates, the effect they could have on house prices; as well as whether equities are entering a bear market.

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2023 outlook: Better days ahead

February 2023

If 2022 was characterised by weak markets and a stronger economy, we think 2023 will be characterised by stronger markets and a weak economy, and because we are buying markets and not buying the economy, this should be a much better investment backdrop than the prior 12 months. 

Broadening horizons: The changing face of Australian private equity

24 May 2022

In the 15 years since the global financial crisis (GFC), a key feature of developed economies’ monetary policy has been ultra-low interest rates. In pursuit of higher yields, this has seen Australian investors – like their global peers – seek out opportunities from a broader range of asset classes. This, argues Uyi Ighodaro, Division Director at Macquarie Capital, has forced them to get comfortable with investing further up the risk curve in order to generate higher returns.

2022 Macquarie Australia Conference

5 May 2022

Macquarie Group's Australia Conference connects capital and ideas. The conference is the largest annual gathering of Australian companies with both domestic and international institutional investors.

A post pandemic outlook

March 2022

In celebration of International Women’s Day, we present an insightful piece from a selection of leading figures in the domestic and international investment community as they discuss their views on the post pandemic world.

2022 Outlook edition

21 January 2022

Hear from Jason Todd, our Head of Wealth Management Investment Strategy, as he discusses Macquarie’s 2022 investment outlook and explains why investors should be prepared to look through bouts of weakness.

Five key drivers impacting private equity activity in 2022

13 January 2022

As we enter the new year, financial sponsors are again at the forefront of deal activity with the US economy regaining strength following a pandemic-driven slowdown. 2021 was private equity’s most active year in history, supported by a strong fundraising environment, low interest rates and healthy capital markets. Typically, markets have been characterised as either 'buyers’ markets' or 'sellers’ markets'. Tom Amster, Global Head of Financial Sponsors at Macquarie Capital believes, however, that 2022’s market should provide something for both. In this article, he identifies five key themes that will impact the private equity landscape throughout the year and beyond, and explains why financial sponsors should take notice.

ESG reporting now BAU

16 December 2021

Following the release of the 2021 GRESB results, we sat down with Macquarie Asset Management's Head oof Responsible Investment, Mary Nicholson, and some of our portfolio companies to get a sense of how the reporting and benchmarking tool is helping to drive consistent improvements in Environmental, Social and Governance (ESG) performance.