GLOBAL INVESTMENT INSIGHTS

“The primary way of losing money in credit is picking the wrong credits, that subsequently default and lead to principal losses. As the economic and geopolitical environment remains uncertain, the contractual nature of credit returns is increasingly compelling. This return is predicated only on the issuer remaining creditworthy, compared with the growth that is required to sustain high valuations in equity markets.” 

- David Rosenberg is the Head of Liquid Performing Credit and Co-Portfolio Manager at Oaktree Capital Management, where he is responsible for the U.S. High Yield Bond, Global High Yield Bond, Global Credit Investment Grade and Global Credit strategies. He is also a founding member of the Global Credit Investment Committee, with over 20 years of experience at Oaktree.

David will be presenting at Global Investment Institute’s upcoming Family Office Investment Forum, taking place on Tuesday, 9 September 2025 at the Grand Hyatt Melbourne, Victoria. To register your interest in attending, click here or for more information email zlatan@globalii.com.au.

“Investors should pursue investment opportunities outside the US. We believe significant opportunities reside in Japanese, European and defensive oriented equities, where valuations are far more reasonable, corporate balance sheets are managed more conservatively, and growth rates appear to be holding up better.”

- Charlie Hill is a Senior Portfolio Manager in the Global Equities team at Mondrian Investment Partners. He helps in managing A$9bn in Global Equity portfolios. From a research perspective, Charlie has sector specialisations in Industrials/Materials and Consumers. Mondrian is a A$75bn value-oriented, defensive, global investment manager with offices in London, Singapore and Philadelphia.

Charlie will be presenting at Global Investment Institute’s upcoming Equities Investment Forum, taking place on Wednesday, 10 September 2025 at the Grand Hyatt Melbourne, Victoria. To register your interest in attending, click here or for more information email zlatan@globalii.com.au.

“Long gone are the days where you can get away with generating listed market beta and charging alpha like fees.”

- Andrew Whittaker is Head of Strategy & Implementation at QIC State Investments, responsible for several portfolios managed on behalf of the State of Queensland in conjunction with a whole of portfolio remit spanning Strategic Tilting, Portfolio Resilience and Portfolio Implementation strategies.

Andrew has 17 years’ experience in investment management and financial markets. As well as prior portfolio management roles, Andrew has worked as a Macroeconomic Strategist, Credit Research Analyst, Money Market Portfolio Analyst and has had extensive trading experience across Asian, European and US interest rate, credit, inflation and currency markets.

In this exclusive Super Investor interview with Global Investment Institute, Andrew discusses what drew him to joining QIC and the role, why he has remained with the organisation, how his career has evolved during his tenure, future challenges and aspirations, team culture and key learnings, along with his personal inspirations, including favourite books, podcasts, and hobbies.

“The US is starting to be seen as having an element of sovereign risk. This is already evident from the decrease in inflows, as investors are looking to diversify globally across asset classes.”

- Will Hamilton founded Hamilton Wealth Partners (HWP) in 2013. Bringing nearly four decades of experience to the table, Will leads HWP’s strategic initiatives tailored to “keeping wealthy families wealthy”, ensuring they receive unparalleled value with a strong focus on client experience and communication.

Throughout his career, Will has navigated numerous investment cycles across different continents, including Australia, Hong Kong, and London. This global exposure has deepened his appreciation for the complexity and volatility of the investment markets.

In this exclusive interview with Global Investment Institute, Will discusses HWP’s approach to portfolio construction, whether the 60/40 portfolio is losing relevance, navigating the shift between public and private markets, how investors should think about their exposure to the US, the future of the USD as the reserve currency, and how intergenerational wealth transfer is influencing emerging investment trends.

“The global bull market will continue, despite fears around recent volatility, fiscal policy and geopolitics. We expect European equities and Value to continue to lead global performance in the second half of 2025, building on their initial start in the first half of the year, albeit with expectations for US and Growth to also fare well.”

- Michael Hanson is a Senior Vice President at Fisher Investments and is responsible for the development of capital markets and securities research. He is also a member of their five-person Investment Policy Committee (IPC). As a collective, the IPC have full discretion and accountability for all portfolio themes, security section and portfolio construction.

Michael will be presenting at Global Investment Institute’s upcoming Equities Investment Forum, taking place on Wednesday, 10 September 2025 at the Grand Hyatt Melbourne, Victoria. To register your interest in attending, click here or for more information email zlatan@globalii.com.au.