Morrissey Group advisors Ben Morrissey and Alex Henderson aim to present and exchange ideas on the relevant finance and investment news, and what it means for investors. Tune in fortnightly for the latest economic commentary and ideas.
Welcome to the 50th episode of the Morrissey Exchange. Imagine unlocking the secrets behind luxury investments. Our guest today, has a record that shows you can combine both an interest in luxury items and make money in the process.Danny is both a former equities analyst and adviser to the crème de la crème of luxury brands. Together, we uncork the world of high-end collectibles, from the mysteries of successful wine investment to the craftsmanship of Swiss watches. Danny reveals a rich tapestry woven with psychology, scarcity, and the artistry of luxury goods; from toy Japanese robots to vintage Ferraris. His stories of investment success, both personal and otherwise, serve as a testament to this oft overlooked asset class.We hope you enjoy listening to this discussion as much as we enjoyed making it.
5/13/24 • 50:31
Welcome to the 49th episode of the Morrissey Exchange.In this first pod of 2024, we have a chat with Mr Hank Holland. Hank is the CEO of ASX listed Amaero International, a company tasked with manufacturing specialty metal powders used for the defence, aerospace and industrial manufacturing industries.Listen in well because although initially complex this is a cracking business with an interesting story and a very simple economic outcome; demand exceeds supply. Tune in for the latest economic commentary and ideas, and find more information on our website at www.morrisseygroup.net
4/21/24 • 57:43
This is the 48th episode of the Morrissey Exchange. We apologise for the radio silence since July and will endeavour to return with greater consistency in the New Year. In this pod we run through the significant events of 2023, our predictions from 12 months ago and the predictions for 2024.Tune in fortnightly/monthly for the latest economic commentary and ideas, and find more information on our website at www.morrisseygroup.net.
12/20/23 • 58:32
This is our second discussion with Carbonxt CEO, Warren Murphy. CG1 recently announced a new joint venture with Kentucky Coal Processing (KCP) where KCP’s facility and coal will be used to create Granular Activated Carbon (GAC) utilising the CG1 AC technology.Their target market is the highly lucrative treatment of US drinking water and removal of PFAS or per-and polyfluoroalkyl substances; otherwise known as forever chemicals.Recent EPA regulation changes will require the removal of PFAS from drinking water and has created a growing market opportunity, currently estimated to be worth US$600m.Tune in fortnightly/monthly for the latest economic commentary and ideas, and find more information on our website at www.morrisseygroup.net.
7/20/23 • 29:29
In a global economic environment where inflation has jumped with zeal, dragging interest rates along with it, the opportunity for justifiable exposure to fixed interest investments has emerged for the first time in a number of decades.Australian Super’s CIO Mark Delaney recently commented that they hold an 18% exposure to bonds, up 70% on last year.US Treasuries, Australian Treasuries, corporate bonds, hybrids, fixed (and floating) interest investments are ripe; its their time in the sun. This follows 2022, the single worst ever year for investing in US Treasuries since 1872.This week we interview Mr Michael Leithead, Head of Fixed Income and Portfolio Manager at EFGAM.Tune in fortnightly/monthly for the latest economic commentary and ideas, and find more information on our website at www.morrisseygroup.net.
6/23/23 • 50:20
Today we look more deeply into our fourth and final component of the asset allocation series; Equities.The sharemarket has long proven a love affair for Australians. From pensioners, retirees and superannuants to amateur analysts, punters and professional investors. We love shares in this country. Where most countries around the world focus on a fuller asset allocation with equities representing a small component, Australia still has an overwhelmingly large representation of shares in investment portfolios.This week, Ben Morrissey has a chat with Mr Leo Barry, fund manager with Fairview Equity Partners. Leo will take us through why he chose to manage equities as opposed to another asset class, valuation methodologies, sectoral performances and where the opportunities lie.Tune in fortnightly/monthly for the latest economic commentary and ideas, and find more information on our website at www.morrisseygroup.net
6/20/23 • 38:06
In today’s pod we delve into our third component of the asset allocation series; cash and fixed interest.Certainly not the sexiest of the four broad asset classes, but probably the one that provides investors with the greatest comfort; whether rightly or wrongly.This week we’re joined by Cam Duncan, Co-Head of the Shaw and Partners Income strategies team. You may recall Cam from our discussion in November 2021 where we were discussing the pending interest rate move and inflation; which played out as discussed. Today we discuss the asset class itself and its role in a well-diversified portfolio, different types of debt, global opportunities, the specific features of hybrids and the US Debt ceiling.Tune in for the latest economic commentary and ideas, and find more information on our website at www.morrisseygroup.net
4/26/23 • 29:12
We return to normal transmission this week as we continue reviewing the 4 broad asset classes generally available to investors and how they can be combined to form an investment portfolio. A few weeks ago we interviewed Natasha Nankivell, Partner and Founder of Global Alternative Funds who covered off on alternative investments.This week Ben Morrissey has a chat with Steve Abbott; a property veteran, Managing Director of Jellis Craig Boroondara and Founder of property portal PropertyMate.The main reason for focussing in on residential property is simple; it represents the majority of most Australians’ net wealth and let’s face it, everyone has an opinion on it and most Australians love discussing it. Is it overpriced, cheap, which areas will grow the fastest, where are the growth corridors, where are the opportunities?Tune in fortnightly/monthly for the latest economic commentary and ideas, and find more information on our website at www.morrisseygroup.net
4/6/23 • 55:26
Although we are currently working our way through the different asset classes, we’ve decided to interrupt this series of podcasts given the potential banking crisis unfolding before our eyes.In today’s podcast Ben Morrissey chats with Mr Jonathon Rawicz, Senior Portfolio Manager at Global Bank EFG and Portfolio Manager for the New Capital Equity Conviction Fund.Markets are extremely turbulent around the world due to the fear of a collapsing banking sector, so we take time to ask a true global investor his views of where markets are headed and why.In many ways what is happening now is quite complex, it is also very simple and predictable; a rapid escalation in interest rates will have dramatic, unavoidable results.Jonathon is an experienced and knowledgeable operator, so we’re fortunate enough to have him with us to unwrap it all.Tune in fortnightly/monthly for the latest economic commentary and ideas, and find more information on our website at www.morrisseygroup.net
3/23/23 • 45:03
As mentioned a few weeks back, we’re going to spend the next 4 podcasts understanding and analysing the main asset classes for investors: Equities, Property, Cash and Fixed Interest and Alternative assets.In today’s episode, Alex and Ben chat with Natasha Nankivell who is a partner and Founder of the $895m Global Alternative Funds.Natasha discusses what alternatives are, the misconceptions, opportunities and the increasing relevance of the sector. Globally investors continue to take larger positions in alternatives due to a number of factors- not the least of which being the unnecessarily and increasingly volatile equity markets.Natasha is a great presenter and is clearly passionate about her role in the industry.Tune in fortnightly/monthly for the latest economic commentary and ideas, and find more information on our website at www.morrisseygroup.net
3/8/23 • 43:47
Welcome back. This is our first episode for what looks to be a jam packed 2023. We’ve brought back a crowd favourite in Mr Martin Crabb, CIO of Shaw and Partners. There is already so much to consider and discuss, despite the fact the year has barely begun. From the obvious discussion points of inflation and interest rates, to property values, Big Tech, short selling and spy balloons.Martin Crabb is always a thought provoking listen as he is one of those blokes who is knowledgeable about all things vital AND trivial. So set the dining table, pour some wine and imagine you’re at a dinner party with the effervescent Mr Martin Crabb.Tune in fortnightly/monthly for the latest economic commentary and ideas, and find more information on our website at www.morrisseygroup.net
2/21/23 • 59:43
This is the final pod for the year before you all disappear for a month, so you can listen as you tan yourselves.This pod runs through our predictions from December last year, how we fared, and why. We then look forward to 2023 and what is to become of so many important global and local issues.Thank you for listening through the year, and we look forward to providing you with further topical discussions in 2023.Find more information on our website at www.morrisseygroup.net
12/22/22 • 67:55
In today’s podcast, Ben Morrissey continues his interview with Mr Moz Afzal, EFGAM’s Senior PM and Global CIO.In this episode we explore; China and their long term goals, the learnings for Western society from recent political developments, battery metals, cryptocurrencies, Moz’s key picks for growth, and where he would invest $100k if he couldn’t get access to it for 10 years.Enjoy a part 2 that makes Lethal Weapon 2 seem pedestrian.Tune in fortnightly for the latest economic commentary and ideas, and find more information on our website at www.morrisseygroup.net
11/22/22 • 27:36
In today’s podcast, Ben Morrissey interviews Mr Moz Afzal, EFGAM’s Senior PM and Global CIO.We’re extremely fortunate to pick the brain of such an informed and well-connected economic talent; one of his role’s would be insanely demanding, let alone contending with both.For those who don’t know, EFG is a global private banking and asset management group headquartered in Zurich and listed on the Swiss Stock Exchange. EFG operates in around 40 locations worldwide with 3000 employees, boasts $260 billion funds under management, but most importantly, to them of course, is they are Shaw & Partner’s Global partner. We cover a lot here, hence the two parts.In this episode we discuss Moz’s expectations for a number of the major global economies, international ideologies, War and the potential outcomes in Ukraine, the Euro and whether it will last, political leaders, and so on.Moz was a particularly endearing sort of fella, and has that rare gift of simplifying complicated issues.So grab a decaffeinated extra hot almond caramel macchiato and enjoy the musings of a wise soul.Tune in fortnightly for the latest economic commentary and ideas, and find more information on our website at www.morrisseygroup.net
11/8/22 • 35:18
In today’s podcast, Ben Morrissey interviews Mr Warren Murphy, CEO Carbonxt (CG1) for a second time, where we discuss the company as a whole but zero in on their recently announced deal.CG1 is a rapidly expanding clean tech business located in the US. It started life as a company solely focused on using their patented Activated Carbon(AC) technology to remove mercury from the smokestacks in coal fired power plants. They now lead the world in the development of AC products aimed at capturing all manner of contaminants released in industrial processes via industrial air purification, wastewater treatment, etc.CG1 has signed terms sheets for the establishment and financing of a 40% stake in a state-of-the-art activated carbon plant with Kentucky Coal Processing or KCP in Kentucky, USA. The facility will be on the site of, and joint funded by, KCP.The new plant will be located alongside waste to energy provider Inez Power, also owned by KCP. This company has truly served its apprenticeship and now has a real chance to shine.So settle in under a tree, put your phone on ‘do not disturb’ and smell the flowers whilst you have a listen, because we’re going green.Tune in fortnightly for the latest economic commentary and ideas, and find more information on our website at www.morrisseygroup.net
10/27/22 • 31:17
In today’s podcast Ben Morrissey interviews Mr Jimmy Orange; the man with the coolest name in Australian sport.Topic of discussion: Academy Movement; The pathway to successJimmy is the founder of Academy Movement; a sports based educational initiative designed to engage disillusioned students in lower socio-economic areas. Jimmy’s goal is to achieve the following:Increased likelihood of completing VCEBroaden potential career optionsImprove physical and mental well-beingProvide a long-lost sense of belonging to both the community and schoolPathway to sporting excellenceIt all sounds too good to be true but it’s not, and he already has the runs on the board.So turn off all the superfluous discussion on football finals, tune in and enjoy.Tune in fortnightly for the latest economic commentary and ideas, and find more information on our website at www.morrisseygroup.netJimmy's Details:Email: jimmyorange@academymovement.educationOr click on link belowhttps://asf.org.au/projects/academy-movement
9/8/22 • 38:27
In today’s podcast Ben Morrissey interviews Mr Martin Crabb, Chief Investment Officer at Shaw and Partners.The topic of discussion is: Everything you wanted to know about what’s going on in this crazy world- Part 2.In this second offering of a two part discussion, we cover issues such as property prices, supply chains, energy and geopolitical tensions and their ramifications for markets. This is an illuminating discussion between two men with over 60 years of combined market experience and well worth a listen.Get some discussion fodder for your next dinner party and listen in.Tune in fortnightly for the latest economic commentary and ideas, and find more information on our website at www.morrisseygroup.net
8/10/22 • 30:59
In today’s podcast Ben Morrissey interviews Mr Martin Crabb, Chief Investment Officer at Shaw and Partners. The topic of discussion is: Everything you wanted to know about what’s going on in this crazy world- Part 1. In this first offering of a two part discussion, we traverse key talking points and areas of interest such as comparative market performance and why, market direction, Chinese influence on our market, inflation, interest rate direction, gold performance (under) and more.This is an illuminating discussion between two men with over 60 years of combined market experience and well worth a listen.So spark up your otherwise uneventful drive home from work with some fascinating market insights.Tune in fortnightly for the latest economic commentary and ideas, and find more information on our website at www.morrisseygroup.net
7/28/22 • 32:29
Markets around the world are getting toasted. For the calendar year to date:Dow Jones is down 17.8%NASDAQ is down 31%Bitcoin is down 53.6%ASX200 is down 12.4%.Why is this happening and what does it all mean?Join Wealth advisors Ben Morrissey and Alex Henderson as they discuss the current predicament in which the markets are placed, where we should hide and what we shouldn’t do.Contact us on 03 9268 1117 or find more information on our website www.morrisseygroup.net
6/21/22 • 27:01
In today’s podcast Ben Morrissey interviews Mr Peter O’Connor, metals and mining analyst here at Shaw and Partners.The topic of discussion is: Gold.Gold is used in so many ways by this unusual species of ours.It’s a store of wealth, a currency, it has cultural and historical significance, it is edible, used in medicine, electronics, manufacturing and jewellery. It is one of nature’s least reactive metals to oxygen and as such it doesn’t deteriorate with exposure. What’s it worth, how should it be valued, will cryptocurrencies replace it or are they at least a synthetic version of it, and why do we even dig it up given we end up locking most of it away?Turn your tv off, pop some food in the cat’s bowl and send the kids outside to play; it’s podcast time.Contact us on 03 9268 1110 or find more information on our website www.morrisseygroup.net
5/22/22 • 43:18
In today’s podcast, Alex Henderson discusses the murky and complex world of Exchange Traded Funds (ETF’s) with Damon Gosen, Director – Business Development at VanEck.The growth of ETF’s has been phenomenal since they started in the US 29 years ago to become a $10.2 trillion force in listed markets. There are now more indices than stocks in the world, with innovative new thematics capturing investors’ attention. Put your feet up, grab a cup of tea and listen to these two gentlemen traverse the land of ETF’s and index investing. Contact us on 03 9268 1110 or find more information on our website www.morrisseygroup.net
4/5/22 • 39:30
Thank you for joining us for Season 4, Episode 3 of The Morrissey Exchange; Rebels with a Community cause. In this Episode, we take a different tack and discuss the topic of Leadership with Melbourne Rebels Coach Kevin Foote and Captain Michael Wells.There are leaders across all areas of life; business, sport, arts, academia. Wherever there is human activity, there is someone taking lead.What makes a good leader, who has it, why do they possess those abilities and how do they do it?I really enjoyed this discussion as it is not often one gets to sit down with top line sporting professionals and have them talk about their own attributes honestly; and what made them who they are.Visit our website at www.morrisseygroup.net or call 03 9268 1110.
3/21/22 • 41:56
Thank you for joining us for Season 4, Episode 2 of The Morrisey Exchange; Yellowcake served with Texas Tea.In this Episode, Ben Morrissey discusses with Michael Clark, Energy Research Analyst at Shaw and Partners, the hottest topic in town; energy prices.The price of fossil fuels are spiking aggressively and with a lack of global development approvals, there is little likelihood of supply meeting demand anytime soon. The Ukraine invasion has exacerbated this move and now with International sanctions restricting the usage and supply of commodities from Russia steepening, the result has been like a powder keg to these prices.Will it last? Is it time to sell? Will demand destruction develop? Can renewables finally emerge as the source of base load power?
3/8/22 • 36:58
Welcome back to the first episode of The Morrissey Exchange for 2022.Volatility has returned to investment markets and Shaw and Partners Advisors Ben Morrissey & Alex Henderson ponder the causes and reasons behind the wild swings. Interest rates, Geo-political tensions, Oil prices, Supply chains and Bitcoin are all covered, as we kick off Season Four in style, but we’ll let you be the judge.
2/23/22 • 29:25
As calendar year 2021 comes to a close, Morrissey Group Wealth Advisors Ben Morrissey & Alex Henderson guide us through the ghosts of markets past, present and future. Looking back on their predictions from last year, to our current economic environment, and through to their forecasts for the next 12 months, join us as we wrap up the year in time for Christmas. God bless us, everyone!
12/22/21 • 38:20
In today’s edition of the Morrissey Exchange, Morrissey Group Advisor Ben Morrissey discusses all things interest rates and inflation with Shaw and Partners’ Co head Income Strategies, Cam Duncan.It may sound dry but understanding interest rate movements and inflation is an imperative component of one’s kit bag of knowledge to assist with successful investing.
11/18/21 • 27:20
Recently bond yields have started to run as rising inflation expectations have re-emerged. On Cup Day the Governor of the Reserve Bank backed away from his stance that the Australian official rate wouldn’t rise until 2024, but did suggest the market is overreacting.Energy costs are exploding, supply chains of so many products are bottlenecked. Ordinarily in this environment one would avoid interest rate sensitive investments like property and infrastructure, yet the high yields on offer from some of these trusts may still represent excellent opportunities.Shaw and Partners Industrials and Property Analyst, Aiden Bradley, joins Morrissey Group advisor, Ben Morrissey, as they take a closer look at the Australian property (REIT) market and help investors unpack the nuanced differences that separate the real estate "desirables" from the "dumps".
11/3/21 • 35:41
Regardless of investment style, before deploying one's hard earned savings it helps to asses the economic environment by keeping and eye on potential catalysts, and what lies ahead.Morrissey Group Advisors Ben Morrissey & Alex Henderson are joined by Shaw and Partners' Chief Investment Officer, Martin Crabb, as they take an aerial tour of the current global and domestic economies. Covering socio-political issues such as China's Evergrande, Climate Change, and Vaccinations Rates, through to the Australian Property Market, Gold and Energy Prices, Martin's breadth of knowledge is impressive and his insights: thought provoking. This is a discussion not to miss.
10/19/21 • 41:31
Oil prices have popped up to their highest level in three years, and LNG is on a tear, and thermal coal seems to be rising daily. Does this push the door open further for green energy to become the environmentally AND economically superior alternative?"The transition from a fossil fuel dominated energy system to one with zero emissions will require more than $4 trillion investment per year until 2030." - International Energy Agency.Elsewhere around the globe, the Chinese Property market is suffering from overextend developers who can't pay their bills. While Evergrande may be gripping headlines at the moment, is this a deeper seeded issue that will move our market is ways we have yet to uncover?Join Morrissey Group advisers, Ben Morrissey and Alex Henderson, as they unwrap a some of the topical issues within our market and help investors seek out sectors they believe will outperform in amongst all the noise and volatility we are experiencing in the back half of 2021.
10/6/21 • 25:06
There is a belief that investment is just a science; numbers, figures, profits, and bottom lines. In amongst all the data, however, there is a scope for artists and visionaries to roll up their sleeves and help businesses get the most out of what they’re doing and realise their potential. Tony Smith, Cashel Family Office’s Senior Portfolio Manager and Investment Committee Member, speaks with Ben Morrissey exploring the process of transforming companies from within and walks us through a few of his recent projects; IODM Limited (IOD) and Energy Technologies Limited (EGY).
9/22/21 • 38:15
