Inside the Macquarie Conference: retailer woes, airline surprises and Australia’s potential AI boom

How did IML’s large cap funds finish the financial year?

In this podcast IML large cap portfolio managers Daniel Moore and Michael O’Neill talk to Mark Williams from Natixis Investment Managers about: * How IML’s large cap funds performed to round out the financial year * The big turnaround in June as resources faltered and industrials surged * What they have been buying and selling lately * Their outlook for reporting season and the rest of 2026

Small-mid cap wrap for FY 2026

A new financial year is upon us and to start things off Portfolio Manager and lead for IML’s small-mid cap team, Marc Whittaker, talks to Mark Williams from Natixis Investment Managers about: * How IML’s small and mid cap funds performed over financial year 2026 and the June quarter * The stocks that helped and the stocks that hampered * What he has been buying and selling during the quarter

Now it’s through the ‘Valley of Death’ this tech company is on the up

Transitioning a tech business to the cloud is known as the ‘Valley of Death’ for good reason. Your up-front costs soar and the payoff in profit can be years away. Little-known cinema-focused tech company Vista Group International (VGL) has been through a tumultuous few years as it made this transition. Many of its shareholders deserted it and its stock price more than halved from March 2025 to March 2026. However, the transition is now well progressed and VGL is seeing the benefits. It has been winning contracts and the stock has been rising off its March lows. In this podcast Lucas Goode and Max Canfield from our Small Cap Team discuss: * Why they bought VGL and the customer research that convinced them of its merits * How cinema has changed since Covid and why the Australian box office is up ~22% this year * What has driven the recent roller coaster ride in Vista’s share price * Why Lucas and Max believe VGL is in a strong position for future growth * Why Australian small caps are at their biggest discount to large caps since the GFC and what might close the share price gap

Are investors quiet quitting the US?

Lynda Schweitzer, CFA, Portfolio Manager and Co-Head of Loomis Sayles’ Global Fixed Income Team, believes that while investors may be underestimating the long-term implications of the Iran War it could also create regional differences that will offer investment opportunities. In this podcast Lynda talks to Louise Watson about: * Why investors are ‘quiet quitting’ the US * Her views on Australian fixed income and the Aussie dollar * Why investors should consider a greater allocation to global fixed income * How her team finds mispriced bonds and where they see opportunity right now * Her outlook for the global economy, fixed income yields, and inflation

Inside the Macquarie Conference: retailer woes, airline surprises and Australia’s potential AI boom

The Macquarie Conference has become one of the must-attend events in every Australian fund manager’s diary. In this podcast IML portfolio managers Daniel Moore and Lucas Goode talk to Natixis Investment Managers' Daniel Shelest about what they heard and learned at this year’s conference including: * Which types of companies are suffering most due to the impact of the Iran War and higher interest rates * How Australian companies are thinking about AI right now * The most surprising and interesting sessions at the Conference * The wave of AI capital expenditure that might be flowing to Australia * How companies and the Australian economy are travelling