Investment Research authored in-house and Managed Accounts run to your mandate
The same investment team works across both services, and the research also supports the portfolios we manage. The difference is the role you want us to play. Some clients use our research to challenge or extend their own process. Some appoint us to manage portfolios. Others use both.
Two ways we can work with you
We produce cross-asset investment research for professional investors who want another source of evidence and judgement alongside their own process. And we build and manage discretionary portfolios for clients who want us to take responsibility for investment decisions within an agreed mandate.
Investment Research
Clients receive the live body of work we use to form, test and update investment views as markets develop. You do not need to agree with our conclusions for the research to be useful. You can use it as a standalone service without appointing us to manage capital.
- Coverage
- Macroeconomics and asset allocation, Australian and global equities, A-REITs, hybrids, managed funds and ETFs.
- Cadence
- Daily market work through to quarterly macro and asset allocation, with company, fund and ETF research as needed.
- Access
- You can speak directly with the investment team to question a view, discuss an investment or understand what has changed.
- Fee
- $300 + GST per adviser per month. No manager pays us for coverage.
Managed Accounts
We take responsibility for the investment decisions and ongoing management of the portfolio within the mandate we agree before implementation. The portfolios are supported by the same research, whether or not you subscribe to Investment Research separately.
- Mandate
- Objective, investment universe, risk parameters, liquidity requirements and any agreed exclusions or constraints.
- Scope
- A defined strategy, a portfolio sleeve or broader construction across Australian equities, global equities and multi-asset portfolios.
- Implementation
- SMAs for model portfolios and IMAs for client-specific mandates, on supported third-party platforms. Custody and administration stay with the platform.
- Fee
- 0.25% per annum of funds under management. No performance fee.
A track record across 18 strategies
We have managed client capital since 2015, across Australian equities, global equities, multi-asset and specialised mandates. Four selected equity strategies are shown below, with annualised return since inception, volatility and alpha against the relevant market proxy. The full strategy range and methodology are on the Strategies & Performance page.
Bar length shows live history on a common time axis, not cumulative return.
About these figures
Figures are since inception to 31 October 2025. Returns are annualised total returns. Alpha is relative to the relevant market proxy. Volatility is annualised standard deviation since inception. Past performance is not a reliable indicator of future performance.
Market-proxy volatility uses the most relevant ASX-listed ETF for illustrative comparison. Inception dates differ, so strategy returns are not directly comparable.
Selected equity strategies only. Source: Bloomberg PORT.
Provided to wholesale and professional investors only.
40+ years of combined industry experience
Our experience spans institutional funds management, sell-side investment research, investment banking, trading, hybrid securities, financial accounting and direct company finance. Research and investment views are shared across the team.
100% management-owned
There is no external parent, product manufacturer or outside shareholder directing the investment programme or determining which products we research or manage. The people responsible for the investment decisions are also responsible for the long-term reputation and economics of the business.
One team across research, portfolios and clients
The people producing the investment work are also responsible for applying it in client portfolios. Research is developed in the context of real investment decisions, with views discussed and assumptions challenged across the team rather than one individual's view becoming the firm's view by default.
Investment questions we’re following
Our Investment Research service covers companies, funds and markets through an ongoing programme for subscribers. Insights is different. It’s ad hoc and free to read. In Insights, we take a single investment question and follow it as far as the evidence takes us. Not every question resolves.
Tell us what the mandate has to do
If you’re considering delegating a strategy, part of a portfolio or the broader portfolio, tell us what you want to retain, what you want us to manage and any constraints that matter. We can work through whether one of our existing strategies fits or whether the mandate needs to be client-specific.
- Telephone
- +61 2 9696 8163
- Office
- Level 2, 44 Bridge Street
Sydney NSW 2000