Andrew Fleming

Deputy Head of Australian Equities

Highlight

Australian Equities

09AUG 2019

‘You’re the star’ – the parallel between yield stocks and The Truman Show

In a political and economic landscape where extremes are the new normal separating signals from noise is important. We review recent market events and juxtapose the suite of yield stocks to The Truman Show.

Australian Equities

14APR 2019

2019

FEBRUARY

13FEB 2019

Australian Equities

The realities of low growth, and life post-Hayne

Anything with a glimmer of hope for growth is now trading at premiums, but the reality is that we’re entering a low growth world and we may be here for some time. The impact of Commissioner Hayne’s royal commission is also spreading ripples.

2018

DECEMBER

12DEC 2018

Australian Equities

The truth in the rear view mirror

A harrowing November has pushed returns down across the board, but that also allows us to see some of the reality in recent mergers and acquisitions, as performance write-downs show the damage that can be wreaked on highly-valued businesses.

NOVEMBER

28NOV 2018

Investment Insights

Equities Symposium: A global view of equities

Irrespective of how we measure beginnings and endings, the current equity cycle has been the most exceptional run. Is this a siren song luring investors into the market, or should it serve as a warning? At the recent Schroders Equity Symposium in Sydney and Melbourne, attended by more than 200 advisers, we explored three views from across the equity landscape, including: the benefits of investing against the masses, how human behaviour shapes investing and Trump’s impact on global stock prices.

21NOV 2018

Videos: Fund Manager Q&A’s

Equities Symposium: A global view of equities

Irrespective of how we measure beginnings and endings, the current equity cycle has been the most exceptional run. Is this a siren song luring investors into the market, or should it serve as a warning? At the recent Schroders Equity Symposium in Sydney and Melbourne, attended by more than 200 investors, we explored three views from across the equity landscape.

OCTOBER

10OCT 2018

Australian Equities

The winds they are a changin’

Three of the tailwinds for ASX investors across the past decade — policy with respect to interest rates, trade, and regulation — have turned into headwinds. While profit may be hit, it is also likely that multiples will revert to something more like normal.

SEPTEMBER

19SEP 2018

Videos: Fund Manager Q&A’s

What is the right price for banks?

The depressed multiples that banks are currently trading at make them attractive investments vs the market despite an ongoing operational risk charges as well as expected lift in credit losses.

16SEP 2018

Videos: Fund Manager Q&A’s

The path ahead for Australian equities

In the three short videos below, the heads of the Schroders Australian Equities team discuss the market now, recent history, and what the future may hold.