Ord Minnett Podcast

Ord Minnett

Ord Minnett is a leading Australian private wealth management group that provides advice and tailored investment solutions. Ords has more than $59 Billion in Funds Under Advice, managed by a team of experienced investment professionals focused on providing our clients with insights and guidance to build their assets. In December 2020, Ord Minnett acquired financial advisory firm EL&C Baillieu.

The Ord Minnett Podcast is where we discuss key issues, developments and opportunities in the Australian stock market. It features the latest insights from the Ord Minnett research team, conversations with CEOs of ASX-listed companies and interviews with Australia’s leading fund managers.

Welcome to the EL&C Baillieu podcast
track-trailer time.minutes.short time.seconds.short

mwp.podcast.all.episodes

Oscar Oberg and Tobias Yao, Portfolio Managers with Wilson Asset Management, join the Ord Minnett Podcast to preview the upcoming reporting season. The wide-ranging discussion includes: • Their key themes and stock picks from the mid- and small-cap sector; • Why the US and European re-opening should benefit travel and leisure stocks Corporate Travel (CTD), Webjet (WEB) and Ardent Leisure (ALG); • How Seven Group Holdings (SVW) offers various exposures to the mining services sector and why Monadelphous (MND) is the best mining services company in Australia; • Why they are cautious on domestic retailers, but believe in the international growth ambitions of Lovisa (LOV) and City Chic (CCX); and • Why Temple & Webster (TPW) is the best ecommerce platform listed on the ASX. To access Ord Minnett’s listed investment company research, or for more information on any of the stocks mentioned in this podcast, please contact your adviser. *** Disclosure: Ord Minnett Limited ABN 86 002 733 048 (Ord Minnett) holds AFS Licence Number 237121 and E.L. & C. Baillieu Limited ABN 74 006 519 393 (EL&C Baillieu) holds AFS Licence Number 245421. Ord Minnett and EL&C Baillieu are ASX Group Participants, Participants of Chi-X Australia Pty Ltd and are wholly owned subsidiaries of Ord Minnett Holdings Pty Limited ABN 32 062 323 728. This document is intended to provide general financial product advice only, and has been prepared without taking account of your objectives, financial situation or needs, and therefore before acting on advice contained in this document, you should consider its appropriateness having regard to your personal circumstances.

Jul 26

time.minutes.short time.seconds.short

Head of Private Client Research Simon Kent-Jones joins the podcast to discuss the Ord Minnett Responsible Equities Portfolio, including: • The key responsible and ethical issues facing investors today; • How the Portfolio incorporates responsible and ethical considerations into its investment process, including which sectors and stocks are excluded and why; • How the Australian banks perform from an ESG perspective and how that has changed over time; • The responsible investing considerations for key Australian stocks such as Qube Holdings (QUB), Transurban Group (TCL), Woolworths (WOW) and Wesfarmers (WES); and • How the Measurement and Analysis Report (Feb-21) benchmarks the performance of the Portfolio across the key environmental, social and governance factors. The Responsible Equities Portfolio is part of the suite of Ord Minnett Direct Equity Portfolios available on the HUB24 investment platform. For more information, please contact your adviser. * * * Disclosure: Ord Minnett Limited ABN 86 002 733 048 (Ord Minnett) holds AFS Licence Number 237121 and E.L. & C. Baillieu Limited ABN 74 006 519 393 (EL&C Baillieu) holds AFS Licence Number 245421. Ord Minnett and EL&C Baillieu are ASX Group Participants, Participants of Chi-X Australia Pty Ltd and are wholly owned subsidiaries of Ord Minnett Holdings Pty Limited ABN 32 062 323 728. This document is intended to provide general financial product advice only, and has been prepared without taking account of your objectives, financial situation or needs, and therefore before acting on advice contained in this document, you should consider its appropriateness having regard to your personal circumstances.

Jul 13

time.minutes.short time.seconds.short

Ord Minnett Head of Asset Allocation Malcolm Wood joins the podcast to discuss the outlook for the economy and investment markets, including: • Why Australia’s economy has moved from a V-shaped recovery to a V-shaped expansion; • Why risks around inflation are more of a concern for the US than Australia; • How a corporate profits boom should continue to drive the Australian equity market higher; and • His preferred asset allocation, including overweight in Australian equities and underweight in defensive assets. * * * Disclosure: Ord Minnett Limited ABN 86 002 733 048 (Ord Minnett) holds AFS Licence Number 237121 and E.L. & C. Baillieu Limited ABN 74 006 519 393 (EL&C Baillieu) holds AFS Licence Number 245421. Ord Minnett and EL&C Baillieu are ASX Group Participants, Participants of Chi-X Australia Pty Ltd and are wholly owned subsidiaries of Ord Minnett Holdings Pty Limited ABN 32 062 323 728. This document is intended to provide general financial product advice only, and has been prepared without taking account of your objectives, financial situation or needs, and therefore before acting on advice contained in this document, you should consider its appropriateness having regard to your personal circumstances.

Jun 10

time.minutes.short time.seconds.short

The Ord Minnett Podcast is a new offering where we discuss key issues, developments and opportunities in Australian and global investment markets. The podcast features the latest insights from the Ord Minnett research team, as well as conversations with CEOs of ASX-listed companies and interviews with Australia’s leading fund managers. In this first episode, we speak with Karl Morris AO, Chief Executive Officer and Managing Director of Ord Minnett, about the history and heritage of the firm. * * * Disclosure: Ord Minnett Limited ABN 86 002 733 048 (Ord Minnett) holds AFS Licence Number 237121 and E.L. & C. Baillieu Limited ABN 74 006 519 393 (EL&C Baillieu) holds AFS Licence Number 245421. Ord Minnett and EL&C Baillieu are ASX Group Participants, Participants of Chi-X Australia Pty Ltd and are wholly owned subsidiaries of Ord Minnett Holdings Pty Limited ABN 32 062 323 728. This document is intended to provide general financial product advice only, and has been prepared without taking account of your objectives, financial situation or needs, and therefore before acting on advice contained in this document, you should consider its appropriateness having regard to your personal circumstances.

Jun 10

time.minutes.short time.seconds.short

Ords CEO & MD Karl Morris asks Hamish Douglass of Magellan: Q6: Can you share some of the innovations you are working on?

Jun 9

time.minutes.short time.seconds.short

Ords CEO & MD Karl Morris asks Hamish Douglass of Magellan: Q5: Do you see greater volatility leading up to the US election and post election?

Jun 9

time.minutes.short time.seconds.short

Ords CEO & MD Karl Morris asks Hamish Douglass of Magellan: Q4: Are you looking more and more towards China for growth stocks?

Jun 9

time.minutes.short time.seconds.short

Ords CEO & MD Karl Morris asks Hamish Douglass of Magellan: Q3: Valuations old vs new world, have zero interest rates made fundamental valuations obsolete?

Jun 9

time.minutes.short time.seconds.short

Ords CEO & MD Karl Morris asks Hamish Douglass of Magellan the following question: Impact of COVID-19: World economy slowing, no more monetary bullets and fiscal running out, where to from here?

Jun 9

time.minutes.short time.seconds.short

Ord Minnett CEO & MD, Karl Morris asks Hamish Douglass, Chairman & CIO of Magellan: 'High government debt but a world awash with cash, what are the likely outcomes?'

Jun 9

time.minutes.short time.seconds.short

Matt Haupt and John Ayoub, portfolio managers of the listed investment company WAM Leaders (WLE), join the EL&C Baillieu podcast to discuss the outlook for the Australian equity market in 2021. In a broad ranging discussion, Matt and John identify three key themes that could drive the market higher over the next 12 months: • The financials sector, particularly the major banks, driven by a return to credit growth, improving bad debt performance and upside risk to dividends. National Australia Bank (NAB) is their key stock pick. • The energy sector, driven by the global return-to-normal benefitting travel and industrial production. Santos (STO) is their key stock pick. • Increasing M&A among Australia’s largest listed companies, driven by improving economic conditions and strong balance sheets. Wesfarmers (WES) and Sonic Healthcare (SHL) are two companies they expect to be active. The conversation also includes insights on interest rates, pandemic beneficiaries such as Woolworths (WOW) and Coles (COL), and the outlook for discretionary retailers such as JB Hi-Fi (JBH) and Harvey Norman (HVN). Tune in to the final EL&C Baillieu podcast of the year for a positive view on the economy and investment markets.

Dec 2020

time.minutes.short time.seconds.short

EL&C Baillieu Chief Investment Officer Malcolm Wood has upgraded his forecast for the Australian equity market. In this podcast, Mal discusses: • The seven key reasons why the market should hit record highs; • Why Australia’s fiscal stimulus far exceeds the cost of the economic downturn; • How bank dividends may help provide a further positive catalyst for the market; • Other sectors that should also benefit from the recovery, including transport, retail and wealth management; • Our preferred asset allocation at this time, including an overweight position in Australian equities. We encourage clients to keep in touch with their EL&C Baillieu adviser for the latest updates.

Nov 2020

time.minutes.short time.seconds.short

EL&C Baillieu Chief Investment Officer Malcolm Wood provides an update on the outlook for the economy and investment markets. The broad-ranging discussion includes: • Why the Budget is positive for Australian households; • How the RBA has changed its approach to inflation; • The latest results from the US reporting season; • Why the outlook for US housing market is favourable and what this means for Australian investors; • The latest news on potential vaccines and treatments for COVID-19; and • Our preferred asset allocation at this time. We encourage clients to keep in touch with their EL&C Baillieu adviser for the latest updates.

Oct 2020

time.minutes.short time.seconds.short

EL&C Baillieu Chief Investment Officer Malcolm Wood and Head of Investments & Advice Stephen Godfrey dissect the Federal Budget and assess its potential impact on the economy and investment markets. The discussion looks at the key areas of government spending, what Treasury is saying about the economic outlook, whether the stimulus is enough for a sustained recovery, and how the Budget places Australia in a global context. We encourage clients to keep in touch with their EL&C Baillieu adviser for the latest updates.

Oct 2020

time.minutes.short time.seconds.short

Afterpay (APT) is a leader and innovator in the payments sector as a buy-now-pay-later (BNPL) provider. The company’s share price is up 750% since March, reflecting the rise of online spending and the progress of its global expansion. But what is Afterpay’s business model and how does it earn revenue? What is the long term growth potential for the business? And what does increased competition mean for the sector? Jun Bei Liu, Portfolio Manager at Tribeca Investment Partners, joins the EL&C Baillieu podcast to discuss Afterpay and the BNPL sector, including: • Why Afterpay’s proposition to customers and merchants has been so successful; • Why Afterpay has consistently exceeded analyst expectations over the last few years; • How to scope the potential market opportunity for BNPL providers and approach stock valuation; • How Australia’s other leading BNLP provider, Zip Co (Z1P), differs from Afterpay in its business model; and • The risks to the sector, including competition and regulation. Tune in to hear Jun Bei explain why Afterpay and Zip Co are her key picks in the growing BNPL sector.

Sep 2020

time.minutes.short time.seconds.short

The retail sector has been key beneficiary of the COVID-19 period in Australia, with record sales growth across many categories and record share prices for online specialists such as Temple & Webster (TPW) and Kogan (KGN). But how much of the shift to online is temporary? Is the recent performance sustainable, given fiscal stimulus is winding down? And what do recent trends mean for traditional bricks-and-mortar retailers? Chris Stott, Chief Investment Officer at 1851 Capital, joins the EL&C Baillieu podcast to discuss the outlook for the retail sector, including: • How the pandemic has accelerated the migration to online retailing by three to four years; • Why the outlook remains positive for retailers given reduced household debt and lower-for-longer interest rates; • Why valuations are starting to look elevated for Temple & Webster and Kogan; and • Key stock picks in the consumer sector, including Shaver Shop (SSG) and ARB Group (ARB). Tune in to hear Chris explain why Australian consumers are in good shape, despite the many challenges of the COVID-19 pandemic.

Sep 2020

time.minutes.short time.seconds.short

EL&C Baillieu Chief Investment Officer Malcolm Wood delivers a presentation on the outlook for the economy and investment markets. Mal discusses the prospect of an effective COVID-19 vaccine, the impact of monetary and fiscal stimulus, the US V-shaped surprise and why Australia’s recovery keeps improving despite some investor caution. We encourage clients to keep in touch with their EL&C Baillieu adviser for the latest updates.

Sep 2020

time.minutes.short time.seconds.short

Dividends from the Australian sharemarket are being impacted by companies needing to preserve capital in the uncertain COVID environment. The major banks, in particular, are deferring and reducing dividends under guidance from the regulator, APRA. In this podcast we speak with financials analyst Nick Caley to get the latest on the outlook for the Australian banks and their ability to pay dividends to shareholders. We also speak with analyst Supun Wijerathna on the listed investment company (LIC) sector, which potentially offers an alternative for investors seeking income. LICs have the ability to smooth dividends to shareholders in volatile periods given their structure. We encourage clients to keep in touch with their EL&C Baillieu adviser for the latest updates. Disclosure: E.L. & C. Baillieu Limited analyst Nicolas Burgess owns shares in WAM Leaders (WLE).

Aug 2020

time.minutes.short time.seconds.short

EL&C Baillieu Chief Investment Officer Malcolm Wood gives an update on the outlook for the economy and investment markets. Tune in to hear Mal discuss the progress of Australia’s V-shaped economic recovery, what stage 4 restrictions in Melbourne mean for the recovery, the latest on the US reporting season and his preferred asset allocation at this time. We encourage clients to keep in touch with their EL&C Baillieu adviser for the latest updates.

Aug 2020

time.minutes.short time.seconds.short

We take a detailed look at EL&C Baillieu’s Multi-Asset Portfolios with Chief Investment Officer Malcolm Wood and Head of Investments and Advice Stephen Godfrey. The discussion includes: • The importance and benefits of asset allocation; • Key features of the EL&C Baillieu Multi-Asset Portfolios; • The investment process across strategic asset allocation, tactical asset allocaion and security selection; • The outlook for the Australian market in a global context; and • The performance of the portfolios. For more information on the Multi-Asset Portfolios, please contact your EL&C Baillieu adviser.

Jul 2020

time.minutes.short time.seconds.short

EL&C Baillieu Chief Investment Officer Malcolm Wood gives an update on the outlook for the economy and investment markets. Tune in to hear Mal discuss the progress of Australia’s V-shaped economic recovery, the potential for a decoupling between the Australian and US markets, and the prospect of an economic cliff when stimulus is withdrawn.

Jun 2020

time.minutes.short time.seconds.short

Cloud computing is a global megatrend that is being led by technology giants Microsoft, Amazon and Google in a market that is growing at 30% per annum. But what does this mean for Australian companies? Gary Rollo, Portfolio Manager at Montgomery Investment Management, joins the EL&C Baillieu podcast to explain cloud computing and the investment opportunities it presents, including: • What the cloud is and why companies are migrating to it; • The size of the addressable market and the potential duration of this megatrend; • How the cloud lowers barriers to entry for small companies and what this means for innovation; and • Key stock picks that play to the cloud theme – NextDC (NXT), Megaport (MP1), and Bigtincan (BTH). Tune in to hear Gary discuss how the cloud is a significant enabler of growth for Australian small companies.

Jun 2020

time.minutes.short time.seconds.short

The Australian automotive sector was one of the hardest hit during the depths of the COVID-19 crisis. But with lockdown easing and traffic returning, the outlook is improving. Oscar Oberg, Portfolio Manager at Wilson Asset Management, joins the EL&C Baillieu podcast to discuss his positive view on the automotive sector, including: • Why the average age of Australian vehicles is getting older and why this is a positive for aspects of the sector; • How domestic tourism could also provide a boost; and • Key stock picks AMA Group (AMA), Bapcor (BAP), Carsales.com (CAR) and Tourism Holdings (THL.NZ) – what they do and why he likes them. Also tune in to hear Oscar explain why Wilson Asset Management are constructive on the outlook for the Australian equity market.

Jun 2020

time.minutes.short time.seconds.short

Chris Wheldon, Portfolio Manager at Magellan, joins the EL&C Baillieu podcast in a wide-ranging discussion on the global economy and the outlook for markets. Tune in to hear Chris explain: • Magellan’s view on the shape of the global economic recovery post the COVID-19 pandemic; • How Magellan portfolios have changed in response to the crisis; • The role of technology in a post-COVID economy; • How China is performing relative to other economies; and • How the pandemic is impacting key technology stocks such as Microsoft, Facebook, Amazon, Alibaba and Tencent.

May 2020

time.minutes.short time.seconds.short

The COVID-19 pandemic is likely to be a catalyst for the adoption of technology across the economy, in our view. Unfortunately, the S&P/ASX 200 Index is significantly underweight the technology sector compared to many other markets around the world. In that context, we believe investors should look at alternatives to gain exposure to technology. In this podcast, we discuss a number of options, including: • The new S&P/ASX All Technology Index; • Technology-themed exchanged traded funds (ETFs); • Listed Investment Companies; and • Managed funds. We also speak with BetaShares on their range of ETFs, including ATEC which follows the S&P/ASX All Technology Index.

May 2020

time.minutes.short time.seconds.short

EL&C Baillieu analyst Nick Caley discusses Australia’s major banks post the recent reporting season, including: • The state of sector growth; • Revenue trends; • Bad debt and provisioning levels given the COVID-19 crisis; • Stock preferences at this time; and • An update on Macquarie Group. We encourage clients to keep in touch with their EL&C Baillieu adviser for the latest updates.

May 2020

time.minutes.short time.seconds.short

EL&C Baillieu Chief Investment Officer Malcolm Wood gives an update on the outlook for the economy and investment markets amid the COVID-19 crisis. Tune in to hear Mal discuss how Australia is shaping up in a global context, the prospect of a V-shaped recovery, current expectations for unemployment and key stocks with exposure to an Australian restart.

May 2020

time.minutes.short time.seconds.short

Welcome to the EL&C Baillieu podcast !

Apr 2020

time.minutes.short time.seconds.short