Quarterly update – March 2024
Equity markets had a strong start to the calendar year, with our portfolios participating in the uplift. We have maintained our valuation discipline and added defensiveness to our portfolios where possible.
Expert insights
The skew towards technology and away from materials benefited our equity portfolios this quarter. We continue to find opportunities to invest in the renewable energy mega trend.
Australian equities - a stock picker's market
We're opportunistically taking advantage of elevated volatility and capital raisings to deploy capital in a market where valuations are broadly expensive.
A multi-asset, macro-economic perspective
Recent strong performance has seen risk asset opportunities narrow, but we continue to find new and interesting ways to invest in the energy transition.
