Research programme
This page sets out the recurring publications in the Investment Research programme, the work produced outside the schedule and how the research reaches you.
A regular cadence, with research when the facts require it
Some questions need a note before the market opens. Others need a company model, a manager meeting or a broader review of the economy and asset allocation. We run the recurring work to a set schedule and add to it when the evidence changes.
Daily
Morning Report
Our assessment of relevant overnight developments, markets and economic information, together with the variables we think matter for the session ahead.
Intraday Report
Time-sensitive updates when market developments, new information or a change in our assessment warrants communication during the day.
Weekly
ASX-listed hybrids
Valuation work and updates across the listed hybrid market.
A-REITs
Valuations and sector research across Australian listed property.
Listed Investment Companies
Valuations, discounts and relevant portfolio or market developments.
Monthly
Market Wrap
A review of the significant developments across Australian and international markets.
Monthly Investment Letter
Our broader assessment of the investment environment and the developments we think currently matter across markets and portfolios.
It is written while those questions are live rather than simply as a retrospective summary of the month.
Monthly Investment Series
A live monthly discussion with an invited practitioner, used as another research input.
Quarterly
Macroeconomic review
Our assessment of the global economic environment, drawing on our macroeconomic research and proprietary models.
Strategy and asset allocation
Where we stand on portfolio positioning, asset classes and the balance of opportunities and risks across markets.
As needed
Equity research notes
Research on individual companies as the investment case, valuation or evidence warrants it.
Managed fund and ETF research
Research on funds and ETFs, including the exposure, portfolio, investment process, risks and role within a broader allocation.
Company and manager meeting work
Research arising from meetings with companies, investment managers and other market participants.
Thematic research
Work on investment questions that cut across individual securities, funds or asset classes.
Site visits and international research
Research where seeing a business, asset, market or investment environment first-hand adds to the work.
Time-sensitive market and investment updates
Short updates when events or new information warrant work before the next scheduled publication.
What the service adds to the scheduled programme
The cadence above is the recurring work. Around it, we update research when the evidence changes, clients can speak directly with the investment team, and each month we put an investment question to a practitioner.
When the facts change
The programme runs to a schedule, but markets, companies and valuations do not. Company announcements, economic releases, market events, meetings and changes in valuation can all affect how we see an investment or the environment around it.
New evidence may strengthen a view, weaken it or make an assumption no longer reasonable. Where a change matters to our assessment, we update the research then rather than waiting for the next scheduled publication.
Access and delivery
Written research has limits. Sometimes the useful next step is a direct discussion about an assumption, an emerging risk, an investment we have examined or why our view has changed.
Research clients have direct access to the investment team, and the people producing the research are the people you hear from. Morning Report and intraday work arrive by email, while longer research and the broader library sit in the client portal.
Monthly Investment Series
Each month we speak with investment managers, companies and industry specialists about the decisions, risks and opportunities they are seeing. It is a live discussion rather than a prepared presentation.
Clients hear the practitioner explain the issue in their own words while we question the assumptions and use the conversation as another research input. We then decide independently what, if anything, should follow from it.
See the research for yourself
If you want to judge whether the programme is useful to the way you invest, start with the work itself. We can send you a sample, or you can try the live service for 30 days.
- Telephone
- +61 2 9696 8163
- Office
- Level 2, 44 Bridge Street
Sydney NSW 2000