Investment research from the Coyne Holdings research desk

Investment Insights

Independent perspectives on IPOs, fixed income, bonds and global investment markets.

Research Centre

Considered research for long-term investors

Coyne Holdings Research publishes education and analysis on initial public offerings, pre-IPO and private markets, fixed rate bonds, fixed term investments and the interest rate and credit conditions that shape them. Every article is written for investors who think in decades rather than quarters, and is published under a dated byline you can read more about here. You can also review Coyne Holdings press coverage published through financial media networks.

Positioning for 2026: Navigating an Evolving Investment LandscapeFeatured Research · Market InsightsPositioning for 2026: Navigating an Evolving Investment LandscapeMarkets enter 2026 against a backdrop of changing monetary policy, shifting growth expectations and continued structural investment opportunities. We examine the key themes investors should consider as the new year approaches.15 December 2025 · 10 min read · Coyne Holdings ResearchRead the research →

Research Hubs

IPO ResearchHow companies move from private ownership to public markets: the listing process, valuation frameworks, prospectus disclosure and the questions investors should ask of any new listing.View 12 articles →Pre-IPO and Private Markets ResearchResearch on late-stage private companies, secondary private market transactions and the structural considerations of investing before a public listing.View 9 articles →Fixed Rate Bond ResearchEducation and analysis on fixed rate bonds: coupons, yield to maturity, pricing, maturity, government and corporate issuance, and how bonds sit within a portfolio.View 10 articles →Fixed Term Investment ResearchHow defined terms, maturity dates, interest payments and liquidity constraints shape the role fixed term investments can play within a broader portfolio.View 15 articles →Fixed Income Markets ResearchThe central hub for our fixed income work: interest rate risk, credit risk, duration, ratings, yields and the structure of Australian and global bond markets.View 12 articles →Markets ResearchAnalysis of interest rates, monetary policy, inflation, credit conditions and the cycles that shape Australian and global investment markets.View 19 articles →

IPO Research

How companies move from private ownership to public markets: the listing process, valuation frameworks, prospectus disclosure and the questions investors should ask of any new listing.

Browse all ipo research →

AI Companies and the IPO MarketIPOs24 July 2026 · 10 min readAI Companies and the IPO MarketA general look at how the growth of artificial intelligence companies is shaping the IPO landscape, and the specific considerations investors should apply when evaluating AI-related listings.Read the full research article →
Technology IPOs: What Investors Should UnderstandIPOs1 July 2026 · 10 min readTechnology IPOs: What Investors Should UnderstandA general guide to the distinctive characteristics of technology sector IPOs, including growth-stage financial profiles, valuation methods and sector-specific risks.Read the full research article →
How Interest Rates Affect IPO ValuationsIPOs5 June 2026 · 9 min readHow Interest Rates Affect IPO ValuationsA general explanation of how prevailing interest rates typically influence IPO valuations, offer timing and investor demand for new listings.Read the full research article →

Pre-IPO and Private Markets Research

Research on late-stage private companies, secondary private market transactions and the structural considerations of investing before a public listing.

Browse all pre-ipo and private markets research →

Accessing Opportunities Beyond Public MarketsPrivate Markets21 July 2026 · 8 min readAccessing Opportunities Beyond Public MarketsA practical guide to the structures and pathways through which sophisticated investors can gain exposure to opportunities that exist outside listed exchanges.Read the full research article →
Secondary Private Market OpportunitiesPrivate Markets27 April 2026 · 9 min readSecondary Private Market OpportunitiesAn overview of how secondary transactions in private company shares and fund interests generally work, and the considerations relevant to investors exploring this part of private markets.Read the full research article →
Late-Stage Private Companies ExplainedPrivate Markets8 April 2026 · 9 min readLate-Stage Private Companies ExplainedA general explanation of what distinguishes late-stage private companies from earlier-stage venture businesses, and the considerations relevant to investors evaluating this category.Read the full research article →

Fixed Rate Bond Research

Education and analysis on fixed rate bonds: coupons, yield to maturity, pricing, maturity, government and corporate issuance, and how bonds sit within a portfolio.

Browse all fixed rate bond research →

Fixed Rate Bonds vs Term DepositsFixed Income8 July 2026 · 9 min readFixed Rate Bonds vs Term DepositsBonds and term deposits are both fixed-income-style products, but they differ meaningfully in structure, protection and flexibility. This article compares them side by side.Read the full research article →
How to Compare Fixed Rate BondsFixed Income19 June 2026 · 10 min readHow to Compare Fixed Rate BondsWith a wide range of fixed rate bonds available, comparing them on a like-for-like basis requires looking beyond the headline coupon. This article sets out a general framework for comparison.Read the full research article →
Senior Unsecured Bonds ExplainedFixed Income17 April 2026 · 8 min readSenior Unsecured Bonds ExplainedSenior unsecured bonds are among the most common structures in the corporate and bank bond markets. This article explains what 'senior' and 'unsecured' actually mean for investors.Read the full research article →

Fixed Term Investment Research

How defined terms, maturity dates, interest payments and liquidity constraints shape the role fixed term investments can play within a broader portfolio.

Browse all fixed term investment research →

Interest Rate Cycles and Fixed Term InvestmentsFixed Income28 August 2026 · 10 min readInterest Rate Cycles and Fixed Term InvestmentsInterest rate cycles shape the opportunity set for fixed term investors at any given time. This article explains how different phases of the cycle can influence term selection and rate expectations.Read the full research article →
The Role of Professional Wealth ManagementWealth Management4 August 2026 · 9 min readThe Role of Professional Wealth ManagementProfessional wealth management encompasses far more than portfolio selection, spanning planning, risk management and ongoing review. This article outlines the general functions such services can provide.Read the full research article →
Liquidity and Fixed Term InvestmentsFixed Income8 July 2026 · 8 min readLiquidity and Fixed Term InvestmentsCommitting capital to a fixed term inherently involves a trade-off with liquidity. This article examines that trade-off and how investors can plan around it.Read the full research article →

Fixed Income Markets Research

The central hub for our fixed income work: interest rate risk, credit risk, duration, ratings, yields and the structure of Australian and global bond markets.

Browse all fixed income markets research →

Understanding Bond Ratings: AAA, AA and A ExplainedFixed Income1 August 2026 · 9 min readUnderstanding Bond Ratings: AAA, AA and A ExplainedCredit ratings condense complex financial analysis into a simple letter grade. This article explains what AAA, AA and A ratings generally represent, and how to interpret them sensibly.Read the full research article →
Credit Risk in Corporate BondsFixed Income2 June 2026 · 9 min readCredit Risk in Corporate BondsCredit risk is the possibility that a bond issuer fails to meet its obligations. This article explains how credit risk is assessed and priced, and what investors should watch for.Read the full research article →
Credit Spreads ExplainedFixed Income14 May 2026 · 9 min readCredit Spreads ExplainedWhat credit spreads represent, why they widen and narrow, and how investors can use them as a lens for assessing risk appetite and credit conditions across fixed income markets.Read the full research article →

Markets Research

Analysis of interest rates, monetary policy, inflation, credit conditions and the cycles that shape Australian and global investment markets.

Browse all markets research →

Understanding Market CyclesMarket Insights19 August 2026 · 10 min readUnderstanding Market CyclesAn educational look at the recurring patterns often described as market cycles, the behavioural and structural forces behind them, and the practical implications for long-term portfolio construction.Read the full research article →
Private Markets in a Higher Rate EnvironmentPrivate Markets22 July 2026 · 10 min readPrivate Markets in a Higher Rate EnvironmentHow higher interest rate environments generally affect private market valuations, financing structures and investor considerations, compared with the conditions that prevailed during the prior era of very low rates.Read the full research article →
Equity Markets and the Economic CycleEquities24 June 2026 · 10 min readEquity Markets and the Economic CycleHow equity markets have historically related to different phases of the economic cycle, the sectors that may behave differently across those phases, and the limits of relying on cycle analysis for investment decisions.Read the full research article →

Research Library

Showing 77 of 77 publications

Interest Rate Cycles and Fixed Term InvestmentsFixed Income28 August 2026 · 10 min readInterest Rate Cycles and Fixed Term InvestmentsInterest rate cycles shape the opportunity set for fixed term investors at any given time. This article explains how different phases of the cycle can influence term selection and rate expectations.Read the full research article →
Understanding Market CyclesMarket Insights19 August 2026 · 10 min readUnderstanding Market CyclesAn educational look at the recurring patterns often described as market cycles, the behavioural and structural forces behind them, and the practical implications for long-term portfolio construction.Read the full research article →
The Role of Professional Wealth ManagementWealth Management4 August 2026 · 9 min readThe Role of Professional Wealth ManagementProfessional wealth management encompasses far more than portfolio selection, spanning planning, risk management and ongoing review. This article outlines the general functions such services can provide.Read the full research article →
Understanding Bond Ratings: AAA, AA and A ExplainedFixed Income1 August 2026 · 9 min readUnderstanding Bond Ratings: AAA, AA and A ExplainedCredit ratings condense complex financial analysis into a simple letter grade. This article explains what AAA, AA and A ratings generally represent, and how to interpret them sensibly.Read the full research article →
AI Companies and the IPO MarketIPOs24 July 2026 · 10 min readAI Companies and the IPO MarketA general look at how the growth of artificial intelligence companies is shaping the IPO landscape, and the specific considerations investors should apply when evaluating AI-related listings.Read the full research article →
Private Markets in a Higher Rate EnvironmentPrivate Markets22 July 2026 · 10 min readPrivate Markets in a Higher Rate EnvironmentHow higher interest rate environments generally affect private market valuations, financing structures and investor considerations, compared with the conditions that prevailed during the prior era of very low rates.Read the full research article →
Accessing Opportunities Beyond Public MarketsPrivate Markets21 July 2026 · 8 min readAccessing Opportunities Beyond Public MarketsA practical guide to the structures and pathways through which sophisticated investors can gain exposure to opportunities that exist outside listed exchanges.Read the full research article →
Fixed Rate Bonds vs Term DepositsFixed Income8 July 2026 · 9 min readFixed Rate Bonds vs Term DepositsBonds and term deposits are both fixed-income-style products, but they differ meaningfully in structure, protection and flexibility. This article compares them side by side.Read the full research article →
Liquidity and Fixed Term InvestmentsFixed Income8 July 2026 · 8 min readLiquidity and Fixed Term InvestmentsCommitting capital to a fixed term inherently involves a trade-off with liquidity. This article examines that trade-off and how investors can plan around it.Read the full research article →
Technology IPOs: What Investors Should UnderstandIPOs1 July 2026 · 10 min readTechnology IPOs: What Investors Should UnderstandA general guide to the distinctive characteristics of technology sector IPOs, including growth-stage financial profiles, valuation methods and sector-specific risks.Read the full research article →
Equity Markets and the Economic CycleEquities24 June 2026 · 10 min readEquity Markets and the Economic CycleHow equity markets have historically related to different phases of the economic cycle, the sectors that may behave differently across those phases, and the limits of relying on cycle analysis for investment decisions.Read the full research article →
How to Compare Fixed Rate BondsFixed Income19 June 2026 · 10 min readHow to Compare Fixed Rate BondsWith a wide range of fixed rate bonds available, comparing them on a like-for-like basis requires looking beyond the headline coupon. This article sets out a general framework for comparison.Read the full research article →
Economic Outlook 2026: Growth, Inflation and PolicyEconomic Outlook18 June 2026 · 10 min readEconomic Outlook 2026: Growth, Inflation and PolicyMidway through 2026, the interplay between growth, inflation and monetary policy continues to define the investment landscape. We assess the key economic dynamics investors should understand.Read the full research article →
Navigating Global Investment MarketsMarket Insights5 June 2026 · 10 min readNavigating Global Investment MarketsA structural overview of how global investment markets are organised across regions and asset classes, and the key considerations for Australian investors seeking internationally diversified exposure.Read the full research article →
How Interest Rates Affect IPO ValuationsIPOs5 June 2026 · 9 min readHow Interest Rates Affect IPO ValuationsA general explanation of how prevailing interest rates typically influence IPO valuations, offer timing and investor demand for new listings.Read the full research article →
Credit Risk in Corporate BondsFixed Income2 June 2026 · 9 min readCredit Risk in Corporate BondsCredit risk is the possibility that a bond issuer fails to meet its obligations. This article explains how credit risk is assessed and priced, and what investors should watch for.Read the full research article →
Comparing Fixed Term OpportunitiesFixed Income2 June 2026 · 9 min readComparing Fixed Term OpportunitiesWith numerous fixed term products available across institutions and issuers, a structured comparison approach can help investors look beyond headline rates to make more informed decisions.Read the full research article →
Credit Spreads ExplainedFixed Income14 May 2026 · 9 min readCredit Spreads ExplainedWhat credit spreads represent, why they widen and narrow, and how investors can use them as a lens for assessing risk appetite and credit conditions across fixed income markets.Read the full research article →
Interest Rate Risk in Fixed IncomeFixed Income14 May 2026 · 9 min readInterest Rate Risk in Fixed IncomeInterest rate risk is one of the most fundamental risks facing bond investors. This article explains how it arises, how it can be measured, and general approaches investors may consider managing it.Read the full research article →
Preparing a Company for an IPOIPOs14 May 2026 · 10 min readPreparing a Company for an IPOA general look at the governance, financial and operational steps a company typically undertakes to become IPO-ready, and why this preparation can matter to prospective investors.Read the full research article →
Evaluating Growth Opportunities in New ListingsIPOs14 May 2026 · 9 min readEvaluating Growth Opportunities in New ListingsA framework for assessing the genuine growth potential of newly listed companies, distinguishing sustainable business fundamentals from short-term listing enthusiasm.Read the full research article →
Assessing Fixed Term Investment RiskFixed Income6 May 2026 · 10 min readAssessing Fixed Term Investment RiskFixed term investments are often perceived as low risk, but several distinct risk categories apply. This article sets out a framework for assessing risk across different fixed term product types.Read the full research article →
Bond Duration ExplainedFixed Income1 May 2026 · 10 min readBond Duration ExplainedDuration is often called the single most important number in fixed income. This article explains what duration measures and works through an illustrative example of its practical effect.Read the full research article →
How Interest Rates Affect Bond PricesFixed Income27 April 2026 · 9 min readHow Interest Rates Affect Bond PricesA closer look at the inverse relationship between interest rates and bond prices, the concept of duration, and how these mechanics apply across different types of fixed income instruments.Read the full research article →
Secondary Private Market OpportunitiesPrivate Markets27 April 2026 · 9 min readSecondary Private Market OpportunitiesAn overview of how secondary transactions in private company shares and fund interests generally work, and the considerations relevant to investors exploring this part of private markets.Read the full research article →
Company and Equity Research: A Practical FrameworkEquities22 April 2026 · 10 min readCompany and Equity Research: A Practical FrameworkA structured, educational overview of how investors approach fundamental company and equity research, from qualitative business analysis to financial statement review and valuation.Read the full research article →
Senior Unsecured Bonds ExplainedFixed Income17 April 2026 · 8 min readSenior Unsecured Bonds ExplainedSenior unsecured bonds are among the most common structures in the corporate and bank bond markets. This article explains what 'senior' and 'unsecured' actually mean for investors.Read the full research article →
Understanding Interest Payments and Payment FrequencyFixed Income14 April 2026 · 8 min readUnderstanding Interest Payments and Payment FrequencyPayment frequency can meaningfully affect the practical usefulness of a fixed term investment. This article explains the common frequency options and how to evaluate them against personal income needs.Read the full research article →
Inflation and Fixed Income InvestmentsFixed Income9 April 2026 · 9 min readInflation and Fixed Income InvestmentsHow inflation affects the real return on fixed income investments, the distinction between nominal and real yields, and approaches investors may consider for managing inflation risk within a bond allocation.Read the full research article →
Late-Stage Private Companies ExplainedPrivate Markets8 April 2026 · 9 min readLate-Stage Private Companies ExplainedA general explanation of what distinguishes late-stage private companies from earlier-stage venture businesses, and the considerations relevant to investors evaluating this category.Read the full research article →
Investment Grade Corporate BondsFixed Income2 April 2026 · 10 min readInvestment Grade Corporate BondsInvestment grade corporate bonds sit between government bonds and high-yield credit on the risk spectrum. This article explains their general characteristics and considerations for investors.Read the full research article →
Capital Preservation and Fixed IncomeWealth Management24 March 2026 · 9 min readCapital Preservation and Fixed IncomeCapital preservation is often cited as a core motivation for fixed term investing. This article examines what capital preservation means in practice, and the limits of what fixed income can offer.Read the full research article →
Australian Bank Bonds ExplainedFixed Income20 March 2026 · 9 min readAustralian Bank Bonds ExplainedBank bonds form a significant part of the Australian fixed income market. This article explains how they are structured, the different seniority tiers, and how they differ from bank deposits.Read the full research article →
Private Markets and the IPO PipelinePrivate Markets19 March 2026 · 10 min readPrivate Markets and the IPO PipelineAn examination of how private capital, venture funding and private equity ownership shape the flow of companies eventually reaching public markets through an IPO.Read the full research article →
Understanding Global Bond MarketsFixed Income18 March 2026 · 10 min readUnderstanding Global Bond MarketsHow global bond markets are structured, the major categories of sovereign and corporate debt, and why cross-border fixed income exposure matters for Australian investors.Read the full research article →
Understanding Investment Terms and MaturitiesFixed Income9 March 2026 · 8 min readUnderstanding Investment Terms and MaturitiesTerm length and maturity date are central to any fixed term investment decision. This article explains how to think about matching investment terms to personal circumstances and objectives.Read the full research article →
Private Companies and the Next Generation of GrowthPrivate Markets9 March 2026 · 9 min readPrivate Companies and the Next Generation of GrowthExploring why many of the world's most innovative companies now remain private for longer, and what this trend means for investors seeking exposure to emerging growth themes.Read the full research article →
Australian Government Bonds ExplainedFixed Income5 March 2026 · 9 min readAustralian Government Bonds ExplainedAn overview of Australian Government bonds, including how they are issued, their general role in the domestic market, and how they compare with other fixed income options.Read the full research article →
IPO Risk and RewardIPOs2 March 2026 · 9 min readIPO Risk and RewardA balanced, educational look at the potential benefits and the genuine risks associated with investing in newly listed companies, without promising any particular outcome.Read the full research article →
Australian Bond Yields ExplainedFixed Income27 February 2026 · 10 min readAustralian Bond Yields ExplainedAn educational guide to how Australian government and corporate bond yields are determined, what drives movements in yields, and how investors can interpret the yield curve.Read the full research article →
Why Bond Prices MoveFixed Income19 February 2026 · 9 min readWhy Bond Prices MoveBond prices are not fixed even though coupons are — this article explains the main forces that drive bond price movements, from interest rates to credit conditions.Read the full research article →
How Fixed Term Investments WorkFixed Income19 February 2026 · 9 min readHow Fixed Term Investments WorkA step-by-step explanation of the mechanics behind fixed term investments, from initial commitment through to interest accrual and maturity, for investors new to this part of the market.Read the full research article →
IPO Valuation ExplainedIPOs17 February 2026 · 10 min readIPO Valuation ExplainedAn educational explanation of how IPO offer prices are generally determined, the valuation methods commonly used, and why newly listed shares can trade away from their issue price.Read the full research article →
Navigating Volatility in Equity MarketsEquities11 February 2026 · 9 min readNavigating Volatility in Equity MarketsA practical, educational discussion of what drives equity market volatility, how investors have historically approached it, and considerations for maintaining discipline during turbulent periods.Read the full research article →
RBA Monetary Policy ExplainedEconomic Outlook10 February 2026 · 9 min readRBA Monetary Policy ExplainedA structural explanation of how the Reserve Bank of Australia conducts monetary policy, the tools available to it, and the framework it uses to balance inflation and employment objectives.Read the full research article →
Bond Coupon vs Yield to MaturityFixed Income4 February 2026 · 9 min readBond Coupon vs Yield to MaturityCoupon rate and yield to maturity are often confused, yet they measure different things. This article clarifies the distinction with a simple, clearly labelled worked example.Read the full research article →
What Investors Should Consider Before an IPOIPOs3 February 2026 · 9 min readWhat Investors Should Consider Before an IPOA general framework for evaluating a new listing, covering the prospectus, use of proceeds, vendor selling and the questions investors commonly ask before applying for IPO shares.Read the full research article →
Fixed Term vs Fixed Rate Investments: What's the Difference?Fixed Income3 February 2026 · 8 min readFixed Term vs Fixed Rate Investments: What's the Difference?The terms 'fixed term' and 'fixed rate' are often used interchangeably but describe different features of an investment. This article clarifies the distinction and why it matters for comparison purposes.Read the full research article →
Fixed Income in a Changing Rate EnvironmentFixed Income27 January 2026 · 10 min readFixed Income in a Changing Rate EnvironmentAs interest rate regimes shift, fixed income strategies must adapt. This article examines how investors might approach duration, credit and diversification decisions as rate environments evolve.Read the full research article →
How Fixed Rate Bonds WorkFixed Income22 January 2026 · 9 min readHow Fixed Rate Bonds WorkA closer look at the mechanics of fixed rate bonds — from coupon calculation and payment schedules through to redemption at maturity — illustrated with a simple worked example.Read the full research article →
How the IPO Process Works in AustraliaIPOs22 January 2026 · 11 min readHow the IPO Process Works in AustraliaA step-by-step educational overview of how companies typically move from private ownership to an ASX listing, including the role of the prospectus, underwriters and ASIC.Read the full research article →
Australian Interest Rates: How They Are Set and Why They MatterEconomic Outlook15 January 2026 · 9 min readAustralian Interest Rates: How They Are Set and Why They MatterAn educational overview of how interest rates are determined in Australia, the institutions involved, and the channels through which changes in official rates flow through to households, businesses and investment portfolios.Read the full research article →
Fixed Term Investments: A Complete GuideFixed Income12 January 2026 · 10 min readFixed Term Investments: A Complete GuideA comprehensive introduction to fixed term investments, covering how they work, who they may suit, and the key factors investors typically weigh before committing capital for a set period.Read the full research article →
Understanding Fixed Rate BondsFixed Income8 January 2026 · 9 min readUnderstanding Fixed Rate BondsA foundational guide to what fixed rate bonds are, how they generate income, and where they may fit within an investor's broader portfolio considerations.Read the full research article →
Understanding Pre-IPO InvestmentsPrivate Markets5 January 2026 · 10 min readUnderstanding Pre-IPO InvestmentsAn educational overview of what pre-IPO investing generally involves, how access to late-stage private companies typically works, and the trade-offs investors commonly weigh before committing capital.Read the full research article →
Positioning for 2026: Navigating an Evolving Investment LandscapeMarket Insights15 December 2025 · 10 min readPositioning for 2026: Navigating an Evolving Investment LandscapeMarkets enter 2026 against a backdrop of changing monetary policy, shifting growth expectations and continued structural investment opportunities. We examine the key themes investors should consider as the new year approaches.Read the full research article →
From Private Company to Public MarketIPOs11 November 2025 · 9 min readFrom Private Company to Public MarketTracing the journey a company undertakes as it transitions from private ownership to a publicly listed entity, and what this transition means for governance, reporting and investor scrutiny.Read the full research article →
Investing Across Market CyclesWealth Management7 October 2025 · 10 min readInvesting Across Market CyclesMarkets move through recognisable, though not perfectly predictable, cycles. This article explores how investors might approach portfolio construction and behaviour across different phases of the cycle.Read the full research article →
The Global Economy: What Investors Should WatchEconomic Outlook22 September 2025 · 9 min readThe Global Economy: What Investors Should WatchGlobal growth patterns are diverging across regions, creating both risks and opportunities for internationally diversified investors. We outline the key economic indicators worth monitoring in the period ahead.Read the full research article →
Understanding Private Equity as an Investment OpportunityPrivate Markets14 July 2025 · 10 min readUnderstanding Private Equity as an Investment OpportunityA structured overview of private equity as an asset class, covering strategy types, return drivers, fee structures and the practical realities of committing capital to a private equity fund.Read the full research article →
Balancing Growth, Income and Capital PreservationWealth Management24 June 2025 · 9 min readBalancing Growth, Income and Capital PreservationInvestors often pursue growth, income and capital preservation simultaneously, though these objectives can involve trade-offs. This article examines how a balanced approach might be considered.Read the full research article →
Technology and the Transformation of Global MarketsEquities29 May 2025 · 10 min readTechnology and the Transformation of Global MarketsExamining how technological change continues to reshape industries, corporate competitive dynamics and the composition of global equity markets.Read the full research article →
Understanding Yield and Interest Rate RiskFixed Income8 April 2025 · 9 min readUnderstanding Yield and Interest Rate RiskYield and interest rate risk sit at the heart of fixed income investing. This article unpacks how bond prices respond to rate movements and why duration is a critical concept for investors to understand.Read the full research article →
Interest Rates and the Changing Investment EnvironmentEconomic Outlook17 March 2025 · 8 min readInterest Rates and the Changing Investment EnvironmentThe transition away from an era of ultra-low interest rates has reshaped the relative attractiveness of asset classes. We examine what this means for portfolio construction and long-term investment strategy.Read the full research article →
Global Market Outlook 2025Market Insights21 January 2025 · 11 min readGlobal Market Outlook 2025As 2025 begins, investors face a complex mix of moderating inflation, evolving monetary policy and shifting geopolitical dynamics. We outline the key themes likely to shape global markets over the year ahead.Read the full research article →
The Role of Private Markets in a Diversified PortfolioPrivate Markets16 December 2024 · 9 min readThe Role of Private Markets in a Diversified PortfolioHow private market allocations can complement listed equities and fixed income within a broader portfolio, and the sizing, liquidity and correlation considerations involved.Read the full research article →
Understanding the Next Phase of the Market CycleMarket Insights3 October 2024 · 9 min readUnderstanding the Next Phase of the Market CycleMarket cycles rarely unfold in a straight line, and identifying the current phase of the cycle can help investors calibrate expectations and risk exposure. We explore the framework for thinking about cyclical positioning.Read the full research article →
The Importance of DiversificationWealth Management20 August 2024 · 8 min readThe Importance of DiversificationDiversification remains one of the most widely referenced principles in investing. This article explores what diversification means in practice and why it matters across asset classes, sectors and geographies.Read the full research article →
What Drives Long-Term Shareholder Value?Equities18 July 2024 · 8 min readWhat Drives Long-Term Shareholder Value?An examination of the fundamental drivers of shareholder value creation, including earnings growth, capital allocation, competitive advantage and governance.Read the full research article →
Global Markets: Opportunities Beyond the HeadlinesMarket Insights9 May 2024 · 8 min readGlobal Markets: Opportunities Beyond the HeadlinesHeadline market indices often obscure a much richer and more varied set of opportunities across regions, sectors and asset classes. We look beyond the headlines to consider where genuine long-term value may lie.Read the full research article →
The Role of Fixed Income in a Modern PortfolioFixed Income18 April 2024 · 9 min readThe Role of Fixed Income in a Modern PortfolioFixed income remains a foundational building block for diversified portfolios, offering income, capital stability and diversification benefits that can complement growth-oriented assets across market cycles.Read the full research article →
Understanding Quality Growth CompaniesEquities14 March 2024 · 9 min readUnderstanding Quality Growth CompaniesA framework for identifying businesses that combine durable competitive advantages with sustainable growth, and why quality characteristics matter across market cycles.Read the full research article →
What Investors Should Consider Before an IPOIPOs22 January 2024 · 10 min readWhat Investors Should Consider Before an IPOA practical checklist of financial, governance and structural factors investors should assess before deciding to participate in a new public listing.Read the full research article →
Understanding Initial Public OfferingsIPOs12 December 2023 · 9 min readUnderstanding Initial Public OfferingsA foundational guide to how initial public offerings work, why companies pursue them, and the key mechanics investors should understand before participating.Read the full research article →
Why Private Markets Continue to Attract InvestorsPrivate Markets6 November 2023 · 9 min readWhy Private Markets Continue to Attract InvestorsAn examination of the structural and cyclical factors drawing sophisticated investors toward private equity, private credit and other unlisted asset classes, and the practical trade-offs that accompany this pursuit.Read the full research article →
Building a Long-Term Investment StrategyWealth Management24 October 2023 · 10 min readBuilding a Long-Term Investment StrategyA long-term investment strategy provides the framework within which asset allocation, risk management and behavioural discipline can work together. This article outlines general principles for building one.Read the full research article →
The Case for Long-Term Equity InvestingEquities18 September 2023 · 9 min readThe Case for Long-Term Equity InvestingWhy patient, disciplined exposure to equity markets remains one of the most powerful tools available to long-term wealth builders, and how investors can think about time horizon, volatility and compounding.Read the full research article →

Information contained within these insights is provided for general information purposes only and does not constitute personal financial advice, an offer or recommendation to acquire or dispose of any financial product. Investors should consider their individual circumstances and obtain appropriate professional advice before making investment decisions.