Beginning of the End or End of the Beginning?
Long seen as untouchable, Apple and Google now face mounting pressure from the rapid rise of AI which is reshaping how users access information and interact with technology. Their core businesses in search and smartphones are under threat from structural shifts and regulatory challenges, raising the possibility that the next generation of tech giants may emerge from this inflection point.
Global Webcast: 1Q25 Reporting Season and divergence within the Mag-7
Elfreda Jonker and Trent Masters unpack the key themes from the Q1 2025 global reporting season, highlighting the impact of shifting tariffs, policy changes, and earnings uncertainty. They explore sector performance, with a focus on the tech and communication space, including diverging trends among the Magnificent Seven.
On the Road with Alphinity Global: The Rising Premium on Certainty
Alphinity’s global investment team has travelled extensively across five continents in recent months, meeting with over 250 companies to gather first-hand insights into shifting corporate sentiment, emerging trends and the impact of rising macroeconomic uncertainty, insights that are now shaping a more balanced and agile investment approach.
Global Webcast: Highlights from China consumer investment trip
Chris Wilcox and Elfreda Jonker discuss insights from Chris’s recent trip to Shanghai and Hong Kong, noting green shoots in China’s consumer sector. While property markets are stabilising, spending remains muted, especially in luxury and athleisure, amid brand-by-brand variability and fierce local competition.
Live from the eye of the tariff storm
Insights from her recent trip to Washington and Houston, Monique Rooney unpacks the US tariff turmoil, tax reform debates, and shifting energy policy—offering timely perspectives in a fast-moving landscape.
Global Webcast: Key themes from US Industrials trip
Chris Willcocks and Elfreda Jonker discuss insights from Chris’s US trip, covering cautious management sentiment, the impact of tariffs, and improving short-cycle businesses. They also highlight key sector trends, including aerospace, transport, and waste management.
Global Webcast: DeepSeek’s implications for the AI trade & 4Q24 Tech Results
Trent Masters and Elfreda Jonker discuss the latest developments in AI, focusing on DeepSeek and its implications for the tech sector, particularly the Mag 7. They explore how AI cost efficiencies are driving continued investments, the evolving AI trade, and shifts in portfolio positioning.
2024 In Review & 2025 Outlook
The outlook for Australian equities in 2025 suggests a more cautious and nuanced market environment, with potential for sector and stock rotations, driven by earnings outcomes and market leadership, while the focus will shift from macro factors to individual stock performance amid high valuations and uncertain economic conditions.
CBRE: This Time is Different
CBRE, the world’s largest commercial real estate firm, has evolved into a more resilient and higher-growth business by diversifying into less cyclical, recurring revenue streams, positioning itself to benefit from both structural growth trends and a potential recovery in the commercial real estate market.
