Emanuel Whybourne & Loehr

In this issue, we examine a recent article by our associate advisor, Charles Troian, on finding focus in volatile markets–something many of our readers may find comforting and relatable.

Earlier this week, we had the privilege of hosting an exclusive private dining event with Goldman Sachs, EQT Group, and Icon Group. It was an insightful afternoon, featuring Christian Schaefer from Goldman Sachs, who provided an in-depth discussion on global private credit and direct lending opportunities, and Sam Franklin from EQT, who shared valuable perspectives on infrastructure investments. We were also fortunate to hear from Icon Cancer's CEO, Mark Middleton OAM who spoke on the company’s growth and the impact of EQT’s support. A special thank you to Agnes Restaurant for their exceptional hospitality, superb venue, and outstanding service, making the event even more memorable!

Lately, on The Exchange with EW&L Private Wealth: Managing Partner Tim Whybourne catches up with Gus McLachlan AO, a distinguished leader who retired from the Australian Army in 2018 after an illustrious 37-year career. We catch up with the CEO and co-founder of ReadyTech (ASX:RDY), Marc Washbourne, who has overseen its growth from early product development in 1999 to leading the ASX-listed SaaS company. A conversation with Steve Byrom of Potentum Partners. Steve is a founding partner of Potentum Partners and has spent 11 years as Head of Private Equity and Investment Committee member at Future Fund, Australia’s sovereign wealth fund. In a slightly different format, we invite you into a discussion we had with Mark Carnegie, a titan of the Australian investment banking landscape and his interest in crypto assets. Mark has over 30 years of experience as an entrepreneur, investor and corporate advisor in New York, London and Sydney. Discover more about each episode on Apple Podcasts.

Our Associate Advisor, Charles Troian, recently wrote a fascinating article to guide our readers to find focus in volatile markets. “I recently finished reading Stolen Focus by Johann Hari, an insightful investigation into the collapse of humanity’s collective ability to concentrate. Amongst several ideas, Hari argues that as a society, we are obsessed with distraction and, whether we like it or not, our attention is being sold to the highest bidder.” Read the full write-up now on the EW&L website. https://lnkd.in/gNhe6JdT

Out Now on The Exchange: Meet the Founder - Vu Tran (Go1): The Story of the Doctor, The Tech Entrepreneur, and the Rocket Scientist. In today’s episode, Managing Partner, Tim Whybourne, CFA catches up with Vu Tran, one of the co-founders of one of Brisbane’s most successful starts ups where they discuss everything from what it was like growing up in Logan as a migrant and what it takes to build a company like Go1, through to leadership and what drives him to get out of bed in the morning and keep solving problems. We finished by touching on his latest venture in defence in particular building rockets to bring Australians manufacturing and defence capabilities back on shore.   We hope you enjoy this one as much as we have! Links to the show can be found in the comments.

The US Presidential Election will undoubtedly impact markets. Given what we have seen recently, trying to predict anything might seem imprudent. But history does provide a guide to what might happen before and after November. Below are some critical things to consider before (and after) the 2024 election. Before: Will the FED cut? Will J Powell want to go out with a bang?  Will either party come out with even more spending promises, further inflating the deficit?  Will the Democrats pivot to the center or move further to the left? After the election: Will Trump cut Taxes even in the present fiscal situation?  What of Trump’s relationship with China and his onshoring push?  Will history repeat with US equities rallying with a Democratic president, or will US Treasuries do the same if a Republican wins? Will the makeup of Congress affect market performance? We know that’s a lot to consider, but we also know that opportunities will present themselves in markets regardless of who becomes the 47th, and we will assist our clients in taking advantage of them. 

Access to private market opportunities is not simply a “nice to have.” It is critical for serious investors looking for great returns and a truly diversified portfolio. Private capital markets have historically outperformed public assets over the long term, tapping into non-economic risk premia, otherwise referred to as the ’illiquidity premium’. Ultimately, they provide much lower volatility due to less exposure to both technical and psychological flows, momentum, fear/ greed, and animal spirits. Unlike many Australian investment firms, our approach enables us to provide clients with access to funds management expertise usually reserved for large institutional investors. This gives our clients diversification and scale beyond other wealth managers. To speak to us about whether you can become an EW&L client, please reach out or head to our website to find out more https://lnkd.in/ghDVgpRK

Out Now on The Exchange: What Just Happened? In this episode, the partners catch up and discuss what happened with the most recent market tantrum, when we expect interest rate cuts, what impact that will have on the market, and the benefit of investing in private markets. They also discuss the implications of the upcoming US elections and where markets are heading from here. Links to the episode can be found in the comments. We look forward to hearing your thoughts!

Thank you to our outstanding presenter, Ashmi Mehrotra, Managing Director of J.P. Morgan Asset Management’s Private Equity Group (PEG), and everyone who attended our recent private dining experience. Ashmi's deep insights into how the J.P. Morgan team assesses opportunities in the small and mid-market sectors, as well as the broader role of Private Equity, were incredibly valuable. Private market investments consistently outperform public markets, making it crucial for all investors to stay informed about these opportunities. As a business, we take pride in the opportunities we create and present to our clients globally, helping them build wealth today and into the future.

At EW&L, everything we do is about long-term relationships. For clients, this means a commitment to providing the best advice and access to global public and private market opportunities and the people managing them. Our decades of relationships in the industry mean we can personally connect our clients with our global asset managers, platform providers, custodians, or any counterparty to our business they wish to explore. We have direct access to world-renowned portfolio managers and senior management, including the CEOs of all our business' operational counterparties. Beyond pure investment though, we are also committed to doing as much as we can to help our clients providing access to a range of trusted experts in legal, finance, estate planning, insurance, and capital markets when you need them.  https://lnkd.in/ghDVgpRK