In this macro market update, Candice and Felicity unpack the latest developments in the Middle East and what the Iran conflict could mean for global markets, oil prices and investment portfolios.

With tensions escalating across the Gulf region and growing disruption risks around the Strait of Hormuz a critical shipping route responsible for roughly 20–25% of global oil supply investors are asking what this means for markets.

In this episode we discuss:

• Why geopolitical conflicts often have less lasting impact on markets than investors expect

• How much of the recent oil price move has already been priced into markets

• What history tells us about stocks, gold, bonds and volatility during geopolitical crises

• The potential scenarios for the Iran conflict and their market implications

• Why US large-cap equities and structural growth sectors may remain resilient

• Opportunities emerging across cyclicals, travel stocks and global equities

• The role of energy, commodities and safe-haven assets in portfolios

• How investors can navigate volatility while staying focused on long-term investment objectives

Periods of geopolitical tension can create uncertainty in markets, but they can also present opportunities for disciplined investors who stay focused on fundamentals and long-term strategy.

⚠️ Disclaimer

This podcast contains general information only and does not take into account your personal objectives, financial situation or needs. It should not be considered personal financial advice. Candice Bourke and Felicity Thomas are Authorised Representatives of Shaw and Partners Limited (ABN 24 003 221 583, AFSL 236048). The information discussed in this podcast is current at the time of recording but may change without notice. Any opinions expressed are those of the hosts and may not necessarily reflect the views of Shaw and Partners Limited. Before making any investment decision, you should consider whether the information is appropriate for you and seek advice from a licensed financial adviser. Past performance is not a reliable indicator of future performance. Investing involves risk and the value of investments can rise or fall. This podcast is produced for informational and educational purposes only. Everything is based on facts known at the time of recording 3rd March 2026.

Hosted on Acast. See acast.com/privacy for more information.

Everyone’s talking about Nvidia. But what if the biggest opportunity in artificial intelligence isn’t in chips… it’s in the infrastructure powering the entire ecosystem?

In this Order Pad episode, Candice breaks down why she is buying Vertiv (VRT.NYS) and why she believes the next phase of the AI investment cycle will be driven by power, cooling and data centre infrastructure.

Artificial intelligence is creating one of the largest global infrastructure build-outs in decades. As demand for computing power accelerates, so does the need for energy, advanced cooling systems and mission-critical data centre solutions. This is where Vertiv sits at the centre of the opportunity.

This episode includes:

• What Vertiv actually does and why most investors misunderstand the business
• Why AI workloads are significantly more energy and infrastructure intensive
• The key numbers from the latest result, including strong order growth and backlog visibility
• Why the share price has been volatile despite strong fundamentals
• The long-duration AI infrastructure cycle and why we believe it is still early
• What the market will be watching over the next 12 months
• Why we believe this is a compelling long-term investment opportunity

If you want to understand where the second wave of AI investing may come from, this episode is for you.

If you would like to discuss your portfolio or explore opportunities aligned with your long-term strategy, you can reach out to us directly:

Candice Bourke and Felicity Thomas - [email protected]

Disclaimer

This podcast is general information only and does not take into account your personal objectives, financial situation or needs. It should not be considered personal financial advice. Before making any investment decision, you should consider whether the information is appropriate for you and seek advice from a licensed financial adviser. Shaw and Partners Limited ABN 24 003 221 583 AFSL 236048.

Hosted on Acast. See acast.com/privacy for more information.

In this episode of Talk Money To Me, Candice Bourke and Felicity Thomas unpack one of the most misunderstood wealth strategies in Australia borrowing to invest through margin lending.

Many Australians are comfortable using debt to build wealth through property, but far fewer understand how leverage can be used in a diversified global portfolio. When structured correctly, margin lending can accelerate long-term wealth. However, when used poorly, it can magnify risk and volatility.

In this episode, we break down the strategy in a simple and practical way, including real client scenarios and the key considerations sophisticated investors need to understand.

We cover:

✔️ What margin lending is and how it works

✔️ Loan-to-value ratios (LVR) and how lenders assess risk

✔️ What actually happens in a margin call

✔️ Why diversification and investment selection matter more than leverage

✔️ A 10-year real-world scenario leveraging the S&P 500, including realistic Australian borrowing costs

✔️ Behavioural mistakes investors make during market volatility

✔️ Margin lending versus property gearing

✔️ Who this strategy may be suitable for – and who should avoid it

This episode is designed for high-income professionals, long-term investors and anyone looking to build wealth through disciplined, strategic investing.

📩 Contact Candice & Felicity

If you’d like to learn more or discuss your personal financial strategy, you can reach out to us directly:

📧 [email protected]

🌐 www.cftgroup.com.au

Or connect with us on LinkedIn:

Candice Bourke & Felicity Thomas

⚠️ Disclaimer

This podcast is hosted by Candice Bourke and Felicity Thomas both Financial Advisers at Shaw and Partners AFSL 236048. The information discussed is general in nature and does not take into account your personal objectives, financial situation or needs. Before acting on any information, you should consider the appropriateness of the advice and seek professional advice tailored to your circumstances.

Any views expressed are those of the hosts at the time of recording and may change. Past performance is not a reliable indicator of future performance. Investing involves risk, including the loss of capital. Borrowing to invest, including margin lending, can magnify gains and losses and may not be suitable for all investors.

Hosted on Acast. See acast.com/privacy for more information.

Welcome to this fortnight’s TMTM Order Pad, where we break down one high-conviction investment idea and assess whether the market is mispricing the opportunity.

In this episode, Felicity dives into WiseTech Global (WTC.ASX) one of the ASX’s most widely followed technology stocks and explains why we believe the company could be entering a critical 2026 re-rating phase.

After a sharp sell-off across global software stocks, WiseTech now trades below historical valuation averages despite strong customer retention, growing free cash flow, a transition to transaction-based pricing, and integration upside from e2open.

In this deep dive, we cover:

• What WiseTech actually does and why CargoWise is mission-critical

• The pricing model shift and margin outlook

• e2open integration risks and opportunities

• AI disruption risk or competitive advantage?

• What the upcoming FY26 result needs to prove

Is this simply a recovery trade or a genuine asymmetric opportunity?

IMPORTANT: WTC.ASX at the time of recording 10th February 2026 is trading between $47 and $50

🎯 About TMTM Order Pad

Order Pad is our fortnightly high-conviction stock segment, where we analyse companies with structural advantages, strong cash generation, and identifiable catalysts ahead. Think next-multibagger energy with institutional discipline.

Positioning before consensus.

⚠️ Important Disclaimer

This podcast contains general information only and does not take into account your personal objectives, financial situation or needs. It does not constitute personal financial advice. Before making any investment decision, you should consider whether the information is appropriate for you and seek advice from a licensed financial adviser. Talk Money To Me is hosted by advisers at Shaw and Partners Felicity Thomas and Candice Bourke (AFSL 236048). Past performance is not a reliable indicator of future performance. All investments carry risk. Investments may rise and fall in value, and capital loss is possible.

📩 Get in Touch

If you would like to discuss your portfolio or explore whether WiseTech or other ASX opportunities may be appropriate for you:

📧 [email protected]

🌐 www.cftgroup.com.au

🎙 Follow Talk Money To Me on Spotify, Apple Podcasts & YouTube

📱 Follow @TalkMoneyToMePodcast on Instagram & @TalkMoneyToMe on LinkedIn

Hosted on Acast. See acast.com/privacy for more information.

What does 2026 really look like for investors?

In this first episode back for 2026, Talk Money To Me hosts Felicity Thomas and Candice Bourke break down what’s actually driving markets beneath the surface using institutional insights from global strategy teams across equities, credit, derivatives and China.

Markets may be broadening, but risks are shifting and in this episode we unpack what that means for portfolios.

In this episode we cover:

• Why markets feel calmer but may actually be more fragile in 2026
• The rotation away from the US and why China and Europe are back in focus
• The next phase of the AI trade — and why it’s moved beyond mega-cap tech
• How to think about copper, infrastructure and electrification as AI enablers
• Why private credit and high yield could be the hidden risk this year
• Why Europe, particularly banks and credit, is quietly well positioned
• The key 2026 market catalysts to watch — from China’s NPC to US midterms
• How UBS’s “10 Surprises” framework is already playing out in markets
• What Felicity and Candice are actually doing in portfolios as a result

2025 was about chasing what worked.

2026 is about positioning for what’s coming next.

⚠️ Important Disclaimer

This podcast is for general information only and does not take into account your personal objectives, financial situation or needs.

While Felicity Thomas and Candice Bourke are Authorised Representatives of Shaw and Partners Limited (AFSL 236048), the information discussed in this podcast does not constitute personal financial advice or a recommendation to buy or sell any financial product.

You should consider whether the information is appropriate for you and seek independent professional advice before making any financial decisions.

Information is current as at the time of recording: 4th February 2026

📩 Contact & More Information

If you’d like to discuss any of the themes covered in this episode or understand how they may apply to your portfolio:

• Visit: www.cftgroup.com.au
• Or get in touch with Felicity Thomas or Candice Bourke [email protected]

Follow Talk Money To Me on Spotify or Apple Podcasts, and share this episode with someone who loves their markets, macros and long-term investing conversations.

Hosted on Acast. See acast.com/privacy for more information.

It’s the most wonderful time of the year, and our favourite annual tradition! Candice & Felicity are joined once again by Shaw and Partners CIO, Martin Crabb, to unpack the Top 10 Investment Themes for 2026 in this festive, market-moving Christmas special.

This year, we’ve wrapped each theme in a Christmas-themed jingle, while Martin delivers deep insights on the macro landscape, AI acceleration, geopolitics, EM vs China divergences, private markets, and the big question: where should investors be positioned for 2026?

We also look back at Martin’s 2025 predictions including nuclear’s standout performance with a candid “Crystal Ball Review”, covering PDN, TLX and IDP’s 12-month results.

Finally, Martin reveals his #1 high-conviction pick for 2026, tied directly to one of his top themes for the year ahead.

This episode is packed with insights, laughter, Christmas spirit… and a few questionable vocal performances from your favourite financial advisers.

IN THIS EPISODE 

 The 10 themes shaping global markets in 2026

 Bond markets: why they’re still “shark-infested waters”

 How Trump’s “3 Ds” (DOGE, Deregulation & Drugs) shape US opportunities

 AI infrastructure: the second-derivative winners

 Europe’s surprising revival

 EM vs China: where the winds are actually turning

 Private markets unlocking liquidity

 IPO & M&A activity making a comeback

 Martin’s 2025 “crystal ball review” — PDN, TLX, IDP

 Martin’s top investment pick for 2026

This episode is for informational purposes only and does not constitute financial advice. Candice Bourke and Felicity Thomas are authorised financial advisers with Shaw and Partners Limited (AFSL 236 048). The views expressed are general in nature and do not take into account individual circumstances. Always seek professional advice before making investment decisions. Information is current as of the recording date (10 December 2025).

📧 Contact us:

[email protected]

[email protected]

Hosted on Acast. See acast.com/privacy for more information.

Black Friday panic, Christmas chaos… and a derivatives-led global equity sell-off. In this episode of Talk Money To Me, Candice and Felicity zoom out from the noise and share six major investment themes set to shape portfolios in 2026 plus the ETFs, sectors and stocks they’re watching right now.

Recorded on 25 November 2025 following a sharp but non-fundamental global equity pullback driven by CTAs, futures activity and a VIX spike, the pair break down why retail investors have been buying the dip, not selling it and why the medium-term setup for equities remains constructive.

They then reveal their 2026 Playbook, covering:

⭐ Theme 1 – Mid-Duration Fixed Income & Floating Rates

Why the 3–5 year part of the curve, senior bank notes, floating-rate notes and diversified bond ETFs (like MQSD) are compelling defensive anchors heading into an uncertain rate environment.

🔌 Theme 2 – The Great Energy Upgrade

AI power demand, electricity grid strain and the resurgence of LNG and nuclear. Featuring WDS, uranium via URNM/ATOM, BOE, PDN and enrichment play SLX.

🤖 Theme 3 – The Critical AI Value Chain

The backbone of AI: semis, cooling, power, data centres and transmission. With names including NVDA, AVGO, VRT, SMCI, ASML, TSMC, EQIX, DLR, NXT and ETFs GXAI and NDQ.

🧬 Theme 4 – Disruptive Science & Healthcare Re-Rating

GLP-1s, radiopharmaceuticals and gene editing. Opportunities across CSL, TLX, Novo Nordisk, Eli Lilly and ETFs DRUG, CURE, ARKG and IXJ.

⚙️ Theme 5 – Critical Minerals & Strategic Commodities

Copper shortages, rare earth dominance and long lead-time supply constraints. Ideas include ACDC, COPX, BHP, LYC and ILU.

🌍 Theme 6 – Global SMID & Quality Rotation

One of the most compelling under-the-radar opportunities of 2026. Exploring valuation gaps, historical outperformance and quality SMID exposures.

If you’re planning your 2026 portfolio strategy, this episode is your end-of-year roadmap across bonds, AI, energy, commodities, healthcare and global SMIDs.

⚠️ Disclaimer

This content is for informational and educational purposes only and does not constitute financial advice. Candice Bourke and Felicity Thomas are authorised financial advisers with Shaw and Partners Limited (AFSL 236 048). The views expressed are general in nature and have not considered your personal circumstances. Please seek independent professional advice before making any financial decisions. Information is current as of the recording date (25 November 2025).

📧 Contact us:

[email protected]

[email protected]

Hosted on Acast. See acast.com/privacy for more information.

In this episode of Talk Money To Me, Candice Bourke and Felicity Thomas take you through the biggest forces shaping markets right now — from renewed AI scrutiny, sticky inflation, and shifting interest-rate expectations, to Australia’s new era of resource reinvention. We break down the key macro trends, the sector winners and losers, and the commodities powering the next decade of global growth.

What we cover in this episode:

Market Pulse: AI Growing Pains & Macro Cross-Currents

• Why “beats not rewarded” is back this earnings season
• AI infrastructure’s funding tension: $13B revenues vs $1.4T spend commitments
• Labour softness vs strong corporate earnings
• Fed & RBA rate-cut expectations into late-2025/2026
• Why investors are shifting to quality, income and pricing power

The Big Commodity Themes to Watch

• Copper: AI, EVs and renewables doubling demand by 2035
• Uranium: the fuel behind decarbonisation and AI-driven energy demand
• Rare Earths: the strategic backbone of defence, EVs and wind
• Gold: outperforming the S&P 500 as a “store of trust”

⚠️ Disclaimer:

This content is for informational and educational purposes only and does not constitute financial advice. Candice Bourke and Felicity Thomas are authorised financial advisers with Shaw and Partners Limited (AFSL 236 048). The views expressed are general in nature and have not considered your personal circumstances. Please seek independent professional advice before making any financial decisions. Information is current as of the recording date (11 November 2025).

📧 Contact us: [email protected] or [email protected] for our latest research monitor

Hosted on Acast. See acast.com/privacy for more information.

In this episode of Talk Money To Me, Candice Bourke sits down with Jeff Cullen, Managing Director at Schafer Cullen Capital Management, to unpack what’s really driving global equity markets right now from the resurgence of value investing to the opportunities unfolding in AI, electrification, and global income strategies.

With over three decades of experience across Wall Street and global fund management, Jeff shares invaluable insights into:

🏦 The rebirth of global value investing — and what’s fuelling the rotation away from growth

💶 Europe’s trillion-euro fiscal stimulus — creating long-term structural tailwinds

🌍 Global macro shifts — the implications of Trump’s policies, U.S. dollar weakness, and trade tensions with China

⚡ Electrification leaders — how dividend-paying giants like Toyota, Siemens, and Enel are powering the energy transition

🤖 AI meets value — why artificial intelligence is no longer just a growth story

🏗️ Onshoring momentum — supply-chain shifts, protectionism, and where the next wave of opportunity lies

💰 Jeff’s best buy idea — his top conviction call in the current market environment

This conversation ties directly into the Shaw and Partners Global Equity Income Strategy, managed in partnership with Schafer Cullen Capital a concentrated global value portfolio targeting above-market yield and long-term income growth.

🎧 Tune in to hear how disciplined value investing, global diversification, and sustainable dividends are shaping opportunities for income and growth in 2025 and beyond.

⚠️ Disclaimer:

This content is for informational and educational purposes only and does not constitute financial advice. Candice Bourke and Felicity Thomas are authorised financial advisers with Shaw and Partners Limited (AFSL 236 048). The views expressed are general in nature and have not considered your personal circumstances. Please seek independent professional advice before making any financial decisions. Information is current as of the recording date (24 October 2025).

📧 Contact us: [email protected] or [email protected]

Hosted on Acast. See acast.com/privacy for more information.

In this episode of Talk Money To Me, Candice Bourke and Felicity Thomas dive into one of the most significant financial shifts of our time — the intergenerational wealth transfer.

Over the next 25 years, trillions of dollars will move from one generation to the next, and the way families plan for this transition will determine whether that wealth endures or disappears.

Joining them is Glen Frost, Partner in PwC’s Private Clients team and leader of PwC’s Australian Family Office practice. With over three decades of experience advising business owners, entrepreneurs, and family offices, Glen shares invaluable insights on how to protect, structure, and pass on wealth effectively.

They unpack:

💰 The staggering scale of Australia’s upcoming wealth transfer

⚖️ Why 70% of family businesses fail to make it past the second generation

🏠 Common estate and superannuation pitfalls to avoid

👩‍👧 The growing role of women in managing and inheriting wealth

🧭 How to engage and prepare the next generation for leadership and ownership

🤝 The importance of trust, communication, and early planning

Whether you’re a parent, business owner, or future inheritor, this conversation will help you understand what it really takes to build a lasting legacy and why now is the time to start the conversation.

⚠️ Disclaimer:

This content is for informational and educational purposes only and does not constitute financial advice. Candice Bourke and Felicity Thomas are authorised financial advisers with Shaw and Partners Limited (AFSL 236 048). The views expressed are general in nature and have not considered your personal circumstances. Please seek independent professional advice before making any financial decisions. Information is current as of the recording date (1 August 2025).

Hosted on Acast. See acast.com/privacy for more information.

In this episode of Talk Money To Me, Candice Bourke and Felicity Thomas sit down with David Franklyn, Fund Manager of the Argonaut Natural Resources Fund, to explore the next resource cycle and the potential mining boom in 2025.

We dive into:

• ✨ Gold outlook – still glittering for investors?
• 🔋 Lithium – is the bear market finally over?
• ⚡ Copper demand – the “metal of electrification” powering the energy transition.
• ☢️ Uranium – nuclear’s comeback and supply/demand tailwinds.
• 🌏 Tariffs & trade – risks vs opportunities for Australian miners.

The Argonaut Natural Resources Fund has returned 24.9% p.a., outperforming the ASX 300 Resources Index. David shares his investment strategy, portfolio themes, and outlook as we head deeper into the 2025 resource cycle.

📧 Contact us: [email protected]

🔗 Learn more: argonautfundsmanagement.com

⚠️ Disclaimer:

This content is for informational and educational purposes only and does not constitute financial advice. Candice Bourke and Felicity Thomas are authorised financial advisers with Shaw and Partners Limited (AFSL 236 048). The views expressed are general in nature and have not considered your personal circumstances. Please seek independent professional advice before making any financial decisions. Information is current as of the recording date (21 August 2025).

Hosted on Acast. See acast.com/privacy for more information.