Quarterly Investment Report – July 2025

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Boom or Bluff?

Markets are strong, but the signals are mixed.

In our latest quarterly report, we share how we’re navigating the second half of 2025 with discipline, perspective and a focus on fundamentals.

This edition also introduces a refreshed structure, featuring more insights and research from our Advisory Board meeting. 

Here’s what we cover:

  • Why central banks are cutting interest rates and the implications for investors
  • What is driving equity market highs, and why it may not be a red flag
  • The CBA rally – are fundamentals keeping pace with expectations?
  • Gold’s changing behaviour and what is attracting central banks
  • How we are positioning portfolios amid shifting policy, trade risks and inflation uncertainty

 

General Advice Warning: Any comments in this communication do not consider your objectives, financial situation or needs. Before acting on any general advice, consider whether it is appropriate for you.

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