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.
Global Webcast: Key highlights from 2024 & Outlook for Global Markets in 2025
Jonas Palmqvist and Elfreda Jonker reflect on 2024’s strong global equity market performance, particularly in the US tech sector, while discussing expectations for 2025, including a potential shift in leadership towards cyclical and defensive stocks, and highlighting key investment themes such as technology, financials, and commercial real estate.
Global Webcast: Feedback From India, Singapore & US Travels
Jeff Thompson and Elfreda Jonker discuss Jeff’s recent trip to India and New York, highlighting India’s economic growth potential, particularly its young, digitally engaged population, and the impact on multinational companies like Unilever, Walmart, and L’Oréal.
Netflix: Winning the Streaming Wars
It’s timely to explore the driving forces behind Netflix’s huge share price moves, and why we believe there is further upside ahead.
Global Webcast: Feedback from Arizona – Key themes and Tech & AI conference
Elfreda Jonker connects with Ty Archibald, who is in Arizona, where the UBS Technology & AI Conference is taking place. They discuss the challenges of implementing AI, the role of large companies in driving efficiencies, and emerging revenue opportunities in AI software, with a focus on companies like Microsoft, ServiceNow, and Tyler Technologies.
“A is for Ambition”: Apple and Amazon Bet Big on the Future
Apple and Amazon’s Q3 2024 results highlight their strategic focus on AI, with Apple leveraging its vast device ecosystem for future growth and Amazon driving margin expansion through retail and cloud, despite facing risks from competition and changing market dynamics.
Global Webcast: Feedback from Singapore & Investing in non-traditional Materials stocks
Jonas Palmqvist and Elfreda Jonker discuss the current global equity market outlook, highlighting positive earnings growth but acknowledging a maturing cycle, mixed earnings recovery, and the cautious approach to cyclical investments, particularly in the materials sector.
Journey with Alphinity Global – Key Themes and Top Picks from Across the Globe
Selective investment in key growth areas such as AI, where infrastructure spend and software applications are expanding, resilient U.S. consumer stocks despite weakness at the low end, high-quality U.S. industrials with strong end-market exposure and pricing power, and recovering capital markets in financials like Bank of America and Morgan Stanley stand out amidst global uncertainties.
