https://www.enhancedinvest.com.au/portfolio-commentary daily 0.75 2026-02-20 https://images.squarespace-cdn.com/content/v1/68a7f49e314ed8751eb6ccaa/2992bb4d-558b-42aa-8a9b-2bb96cb62855/Enhanced_Asset_Management_Portfolio_Commentary_Russell_Muldoon_Bowen_Hosking_Investment_Managers.png https://www.enhancedinvest.com.au/portfolio-commentary/the-great-australian-sucker-punch monthly 0.5 2026-02-20 https://images.squarespace-cdn.com/content/v1/68a7f49e314ed8751eb6ccaa/582a23ef-dab7-4781-8d1d-30e8636f3aac/Enhanced_Asset_Management_Portfolio_Commentary_December_2025_Australian_10_year_bond_yield.png Portfolio Commentary - The Great Australian Sucker Punch For throughout the December 2025 quarter, one theme dominated both our investment experience and the eventual performance outcome for Australian equities above all others. It was our silent, deeply frustrating companion: the relentless rise in long-term interest rates. Few forces exert a larger or more immediate influence on market valuations, and over this period it overshadowed everything else. We illustrate this dynamic in the Australian 10 Year Bond Yield chart. https://images.squarespace-cdn.com/content/v1/68a7f49e314ed8751eb6ccaa/5cfbb611-9e35-4d9d-b65f-fdb9cd13b4f8/Enhanced_Asset_Management_Portfolio_Commentary_December_2025_Australian_Technology_Index.png Portfolio Commentary - The Great Australian Sucker Punch - Technology shares are a prime example and the Australian Technology Industry chart shows exactly this over the same circa 60 trading days. We are about to get a little technical, but this part matters because it explains why share prices moved the way they did. https://images.squarespace-cdn.com/content/v1/68a7f49e314ed8751eb6ccaa/8db0df23-cffd-4e56-a18e-ae60b85a1f74/Enhanced_Asset_Management_Portfolio_Commentary_December_2025_Scenario_after_75_bps.png Portfolio Commentary - The Great Australian Sucker Punch - Small it may seem, yet mathematically, that small adjustment has an outsized effect, for a 75bps increase in the discount rate, all else equal, reduces the valuation multiple by roughly 15–16%. That is the power of higher long-term rates: prices fall not because businesses weaken, but because the mechanism used to convert future growth into today’s value becomes less generous. https://images.squarespace-cdn.com/content/v1/68a7f49e314ed8751eb6ccaa/c07ebb07-9064-4be7-82cd-5cc049c96ba3/Enhanced_Asset_Management_Portfolio_Commentary_December_2025_rate_change_risk_exposure.png Portfolio Commentary - The Great Australian Sucker Punch - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/68a7f49e314ed8751eb6ccaa/6211f8d2-cbc9-409e-80b3-2272784a88f9/Enhanced_Asset_Management_Portfolio_Commentary_December_2025_Sectors_Value_Compression.png Portfolio Commentary - The Great Australian Sucker Punch - It’s precisely what has occurred in not only our Australian Equity holdings over the past three months, but over the entire market. This is a feature we show below, with the table representing the average price falls across a broad range of industries we follow, which include our universe of >70 companies we actively monitor. We trust this puts all the recent moves into perspective. https://www.enhancedinvest.com.au/portfolio-commentary/post-trump-dump-discipline-diversification-patience-rewarded monthly 0.5 2025-11-04 https://images.squarespace-cdn.com/content/v1/68a7f49e314ed8751eb6ccaa/88598972-1900-44fa-9a6a-d22f26134d42/Enhanced_Asset_Management_Portfolio_Commentary_Post_Trump_Dump_Patience_Rewarded_Core_Allocations_Total_Return_October_2025.png Portfolio Commentary - POST TRUMP DUMP: DISCIPLIE AND PATIENCE REWARDED - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/68a7f49e314ed8751eb6ccaa/a10e14bd-5b24-420a-867d-a0529220e867/Enhanced_Asset_Management_Portfolio_Commentary_Post_Trump_Dump_Patience_Rewarded_Australian_Shares_Total_Returns_October_2025.png Portfolio Commentary - POST TRUMP DUMP: DISCIPLIE AND PATIENCE REWARDED - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/68a7f49e314ed8751eb6ccaa/a4f2da33-a7c8-4970-8292-a9c12bf3c2c5/Enhanced_Asset_Management_Portfolio_Commentary_Post_Trump_Dump_Patience_Rewarded_Direct_Shares_Total_Returns_September_2025_Quarter.png Portfolio Commentary - POST TRUMP DUMP: DISCIPLIE AND PATIENCE REWARDED - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://www.enhancedinvest.com.au/portfolio-commentary/trump-tantrum-us-equities monthly 0.5 2025-11-04 https://images.squarespace-cdn.com/content/v1/68a7f49e314ed8751eb6ccaa/8c6aac0f-33f9-48db-b492-20375bfc298d/Enhanced_Asset_Management_Quarterly_Comments_Trump_Tantrum_and_US-Equities_Market_Fallout_Portfolio_Watchlists.png Portfolio Commentary - TRUMP TANTRUM AND US EQUITIES For many investors, the volatility was reminiscent of 2008 all over again. Headlines screamed “recession,” portfolios were liquidated and cash piled up on the sidelines. The common refrain? “I’ll get back in when things calm down.” But markets don’t wait for comfort, and by the end of June the S&P 500, Nasdaq, Russell 1000, ASX 200 and a host of other leading market price indexes had all recovered. Indeed, as I type, many of these widely followed market proxies are now recording fresh all-time highs. What was feared as being a market crash, turned out to be a test of conviction. Unfortunately, many investors failed it. The initial pessimism surrounding tariffs turned out to be misplaced. As clarity emerged and it became clear that higher tariffs wouldn’t derail the U.S. expansion, in an economy where imports represent around 25% of consumer spending, but consumption accounts for over 70% of GDP, markets rebounded decisively especially when the Trump administration ‘pivoted’ almost overnight. https://images.squarespace-cdn.com/content/v1/68a7f49e314ed8751eb6ccaa/4cfcc979-b7e0-459c-a1c8-e21bd41b4c7a/Enhanced_Asset_Management_Quarterly_Comments_Trump_Tantrum_and_US-Equities_Market_Fallout_FY_2025_Returns_By_Index.png Portfolio Commentary - TRUMP TANTRUM AND US EQUITIES - The truth is: Long-term wealth isn’t built by flinching at every headline or soundbite. No matter how loud, or annoying and sometimes seemingly unhinged the voice is. It’s built by having a plan and sticking to it because the market doesn’t reward panic, it rewards discipline. But don’t take my word for it, the below chart shows the main asset-allocations within your portfolios and the broad strong positive gains achieved over the 12 months (FYTD) despite everything that occurred. https://images.squarespace-cdn.com/content/v1/68a7f49e314ed8751eb6ccaa/f6b38038-e94b-4f9c-b737-92aa3f92cd8a/Enhanced_Asset_Management_Quarterly_Comments_Trump_Tantrum_and_US-Equities_Market_Fallout_S%26P_500_Total_Annual_Returns_1928_2024.png Portfolio Commentary - TRUMP TANTRUM AND US EQUITIES - Yet within this seemingly random series there are some hard truths: The average return is 10% per year. The stock market has only performed within 2% of that number in 4 of the last 97 years. The highest annual return was +53% and the lowest was -44%. In 71 out of 97 years, or 73% of the time, the market’s annual total return was positive. The lesson? To get the average return, stay invested and hang on. https://images.squarespace-cdn.com/content/v1/68a7f49e314ed8751eb6ccaa/a3be6d23-d408-4da4-9530-d72e8ef3502a/Enhanced_Asset_Management_Quarterly_Comments_Trump_Tantrum_and_US-Equities_Market_Fallout_Top_10_Companies_ASX_by_Market_Cap.png Portfolio Commentary - TRUMP TANTRUM AND US EQUITIES Starting locally, the ASX 200 delivered a solid return of approximately 13% over the 2025 financial year, supported by improving sentiment, resilient earnings, and continued dividend strength. But in saying this, beneath the headline figure lies a growing structural trend that warrants attention, though not alarm. For all the concerns levelled (including by us) at America’s market structure and the concentration present, particularly the dominance of mega-cap technology businesses within the S&P 500, after the year just gone it may now be Australia’s turn to take a closer look in the mirror. Why may you ask? Well as at mid-2025, the top 10 companies now account for nearly 50% of the ASX 200 by market capitalisation. 50%!!! https://images.squarespace-cdn.com/content/v1/68a7f49e314ed8751eb6ccaa/1290ef95-578a-46f9-af9c-2eabb77a2096/Enhanced_Asset_Management_Quarterly_Comments_Trump_Tantrum_and_US-Equities_Market_Fallout_CY26_EPS_Growth_Forecasts.png Portfolio Commentary - TRUMP TANTRUM AND US EQUITIES If we go back and re-visit our March 2025 Quarterly report where we call out earnings growth in economies as a major driver behind each countries subsequent market performance, pleasingly the growth in 2026 looks similar to prior periods, with growth in the Nasdaq and S&P 500 still above the MSCI World average of 11.7% and Australia likely to continue languishing at the very bottom. The clear strength of Corporate America continues to push the S&P 500 on a strong upward trajectory, hitting all-time highs and delivering solid returns through both price gains and dividend income in 2025. A picture that looks to remain intact as we head into 2026. https://images.squarespace-cdn.com/content/v1/68a7f49e314ed8751eb6ccaa/74edf7a0-601f-47df-aa96-1a407672b51d/Enhanced_Asset_Management_Quarterly_Comments_Trump_Tantrum_and_US-Equities_Market_Fallout_2025_Stock_Out_Under_performance.png Portfolio Commentary - TRUMP TANTRUM AND US EQUITIES - Now, had you looked up your portfolio recently, you would have noted that you / we held eight (8) direct positions within the models up until recently. If we analyse them since our purchase dates, of those, five (5) outperformed the ASX200 Total Return index which equates to 62.5% of our holdings that ended up being winners. Remember our rule of thumb of 50%? It’s a good start. The real reward however only comes when the winners truly pull their weight, and what we’ve seen play out is that on average, while our underperformers lagged the market by 16.2% (our 3 losers), our 5 winners beat the market by 47.36% and in doing so, created a very favourable positive skew which has underpinned the portfolios strong performance over the past 3, 6, and 12 months. https://images.squarespace-cdn.com/content/v1/68a7f49e314ed8751eb6ccaa/dd3de80a-07d6-4c8e-ad1b-e1ac166236e5/Enhanced_Asset_Management_Quarterly_Comments_Trump_Tantrum_and_US-Equities_Market_Fallout_50_AFL_Games_50_Reporting_Seasons.png Portfolio Commentary - TRUMP TANTRUM AND US EQUITIES https://www.enhancedinvest.com.au/portfolio-commentary/why-invest-in-the-stock-market-at-all monthly 0.5 2025-10-22 https://images.squarespace-cdn.com/content/v1/68a7f49e314ed8751eb6ccaa/84043a11-af4f-4ceb-8b7b-3cee661d1230/Enhanced_Asset_Management_Quarterly_Comments_Why_Invest_In_The_Stock_Market_At_All_SP_500_Earning_Growth_1930_2026.png Portfolio Commentary - WHY INVEST IN THE STOCK MARKET AT ALL? https://images.squarespace-cdn.com/content/v1/68a7f49e314ed8751eb6ccaa/d65b7218-6b51-4fe7-b217-7b3ed7ee9a72/Enhanced_Asset_Management_Quarterly_Comments_Why_Invest_In_The_Stock_Market_At_All_Earnings_Tech_vs_The_Rest.png Portfolio Commentary - WHY INVEST IN THE STOCK MARKET AT ALL? - The contrast between the U.S. tech sector and indeed all other markets like Australia's ASX highlights the importance of sector exposure and how transformative industries can propel long-term growth. U.S. tech stocks have not only capitalised on massive growth in cloud computing, AI, and semiconductors, but they've also benefitted from strong network effects, economies of scale, and high margins. These businesses are deeply integrated into the global economy and have become essential to almost every sector, making them resilient to economic shifts. Apple, Microsoft, NVIDIA, and Amazon's dominance has reshaped industries and expanded the scope of what investors consider valuable. https://images.squarespace-cdn.com/content/v1/68a7f49e314ed8751eb6ccaa/6b5b2e98-5689-4db2-8676-2e4cb251b5c5/Enhanced_Asset_Management_Quarterly_Comments_Why_Invest_In_The_Stock_Market_At_All_Australian_Equities_Earnings.png Portfolio Commentary - WHY INVEST IN THE STOCK MARKET AT ALL? - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/68a7f49e314ed8751eb6ccaa/418cece3-fd27-49b5-b4aa-3d5bb655cc29/Enhanced_Asset_Management_Quarterly_Comments_Why_Invest_In_The_Stock_Market_At_All_February_2025+Reporting_Season.png Portfolio Commentary - WHY INVEST IN THE STOCK MARKET AT ALL? - The first of your holdings to report in the quarter was ResMed (RMD), with results showing an 11% increase in revenue for 1HY25, up to $2.51bn. ResMed continued to expand their margins throughout the half, which resulted in net income growing 53% to $656m. Following the result, shares briefly eclipsed $40 per share, before broader market weakness commenced a steady downtrend. RMD shares closed -4.55% for the quarter, however we still see considerable upside in the share price from here, with our valuation sitting above $40 per share. https://images.squarespace-cdn.com/content/v1/68a7f49e314ed8751eb6ccaa/794b1e97-9df3-4a1b-9e2c-4c5c7bb70399/Enhanced_Asset_Management_Quarterly_Comments_Why_Invest_In_The_Stock_Market_At_All_Expectations_vs_Reality.png Portfolio Commentary - WHY INVEST IN THE STOCK MARKET AT ALL? - Make it stand out We are here to guide you through times of uncertainty and help ensure that short-term volatility does not derail your long-term plans. https://www.enhancedinvest.com.au/portfolio-commentary/international-equities-aussie-stocks monthly 0.5 2025-11-04 https://images.squarespace-cdn.com/content/v1/68a7f49e314ed8751eb6ccaa/060d4191-dc26-4695-aac3-7e9636fab5d7/Enhanced_Asset_Management_Portfolio_Commentary_International_Equities_Australian_Equities_Exposure_December_2024_US_Market_Chart.jpg Portfolio Commentary - INTERNATIONAL EQUITIES AND AUSSIE STOCKS It turned out that that our central case ‘unicorn’ soft-landing scenario we have been discussing in our quarterly reports looks to have been achieved, marking Jerome Powell as arguably one the greatest Federal Reserve Chairman’s, ever and providing a nice tailwind for global financial markets. Indeed, using history as our guide, bull markets in the US have typically returned 66% on average in the first two years for all market cycles since 1970. Following a rise of 22% in the first year in this bull market, which commenced on October 12, 2022, history suggested that a much better year was in store for the stock market than any forecast made at the outset of 2024. The stock market rallied 33% in year two, bringing the first two-year gain to 64.43%, which is in line with the historic average of 66%. It doesn’t always work out that neatly, but it has here. https://images.squarespace-cdn.com/content/v1/68a7f49e314ed8751eb6ccaa/07226d09-bc39-4688-b72b-710282e4a30a/Enhanced_Asset_Management_Portfolio_Commentary_International_Equities_Australian_Equities_Exposure_December_2024_ASX_Market_Chart.jpg.jpg Portfolio Commentary - INTERNATIONAL EQUITIES AND AUSSIE STOCKS - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/68a7f49e314ed8751eb6ccaa/a9c97a4a-cd60-431e-8b09-c88ffd44531b/Enhanced_Asset_Management_Portfolio_Commentary_International_Equities_Australian_Equities_Exposure_December_2024_SP_Monthly_Returns_Since_1950.png Portfolio Commentary - INTERNATIONAL EQUITIES AND AUSSIE STOCKS - For those that are not aware, financial desks are typically light-on in terms of staffing and trading volumes are usually low in December for obvious reasons, especially towards the last half of the month. It’s because of this and as shown in the table below there is an enormous skew in favour of a good outcome for financial markets, that being… 75% percent of the time markets typically take advantage of the lack of staffed desks, rising on average 1.51% and the most out of all months throughout the year. It’s a true outlier. The reason for the market to enter a take-pause mode was due to updated news whereby the Federal Reserve cut interest rates by 25 basis points and subsequently stated that the pace of cuts may slow in 2025 with potential upside inflation risks under a second Trump term. The Fed detailed that they now see their benchmark rate reaching a range of 3.75 to 4 per cent by the end of 2025, implying two more quarter-percentage-point cuts. https://images.squarespace-cdn.com/content/v1/68a7f49e314ed8751eb6ccaa/8e937edb-9040-41ca-9491-c5c5da5a6a30/Enhanced_Asset_Management_Portfolio_Commentary_International_Equities_Australian_Equities_Exposure_Inflation_Expections_December_2024.jpg.png Portfolio Commentary - INTERNATIONAL EQUITIES AND AUSSIE STOCKS - This is not only good news for fixed interest exposures that are exposed to ‘duration’, its also good news for interest rate sensitive sectors such as REITs, consumer discretionary, long duration stocks and banks (the latter though have well and truly already run their race). https://www.enhancedinvest.com.au/portfolio-commentary/category/2025 monthly 0.5 https://www.enhancedinvest.com.au/portfolio-commentary/category/2024 monthly 0.5 https://www.enhancedinvest.com.au/experience daily 0.75 2025-11-14 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and the subsequent volatility we are all experiencing. Key topics discussed include inflation, interest rates, and our current direct equity exposure. https://images.squarespace-cdn.com/content/v1/68a7f49e314ed8751eb6ccaa/542b8a8e-19b7-4c3c-9986-5ce4d24f9bf5/Enhanced_Asset_Management_Manager_Insights_Russell_Muldoon_Market_Update_December_2024.png Manger Insights Videos Portfolio Manager Russell Muldoon presents an update on Enhanced Asset Management's 2024 performance and the current market environment. https://images.squarespace-cdn.com/content/v1/68a7f49e314ed8751eb6ccaa/c2f2c8a1-17de-4446-aec6-a790c7395222/Enhanced_Asset_Management_Manager_Insights_Russell_Muldoon_Market_Update_The_End_of_the_Tightening_Cycle_is_Getting_Closer_November_2023.png Manger Insights Videos Portfolio Manager Russell Muldoon discusses the big macro Portfolio Manager Russell Muldoon presents market updates for investors in the Concentrated Australian Equity Portfolio and Model Portfolios managed by Enhanced Asset Management. He discusses the results of AGL, Life360, and the broader market conditions leading up to and during the 2024 Reporting Season. https://images.squarespace-cdn.com/content/v1/68a7f49e314ed8751eb6ccaa/079bf7d7-bd1f-4a93-b39b-c1f0b1a04eaa/Enhanced_Asset_Management_Manager_Insights_Russell_Muldoon_Market_Update_March2026+%282%29.png Manger Insights Videos In this update, portfolio manager Russell Muldoon discusses current macroeconomic factors which are impacting global markets, and in particular, our portfolios. https://images.squarespace-cdn.com/content/v1/68a7f49e314ed8751eb6ccaa/c7f4fcda-c005-4653-a767-2afbcaffaf54/Enhanced_Asset_Management_Manager_Insights_Bowen_Hosking_Portfolio_GQG_Partners_Purchase_28_November_2024.png Manger Insights Videos Bowen Hosking updates investors on the purchase of GQG Partners (GQG) for the Enhanced Asset Management Concentrated Australian Equity Portfolio. https://images.squarespace-cdn.com/content/v1/68a7f49e314ed8751eb6ccaa/620f22d5-8acf-4fce-8105-2dff1cd13da8/Enhanced_Asset_Management_Manager_Insights_Russell_Muldoon_Bowen_Hosking_Portfolio_Discussion_Vanguard_Australia_December_2021.png Manger Insights Videos Enhanced Asset Management discusses asset allocation, A-REIT and bond performance, and currency with Vanguard Australia https://images.squarespace-cdn.com/content/v1/68a7f49e314ed8751eb6ccaa/92fa6a32-a43a-47d7-ab33-69ee01755598/Enhanced_Asset_Management_Manager_Insights_Bowen_Hosking_Company_Update_ResMed_RMD_1_Sept_2023.png Manger Insights Videos Bowen Hosking provides insights into the performance of ResMed (RMD) and its impact on the Concentrated Australian Equity Portfolio. https://images.squarespace-cdn.com/content/v1/68a7f49e314ed8751eb6ccaa/1773283661230-CZTDE2DUZFDXLZ8G430Z/TEMPLATE%2BEnhanced_Asset_Management_Manager_Insights_Bowen_Hosking_Company_Update_UPDATE%2BNAME_STOCK%2BCODES_DATE.png Manger Insights Videos In this longer video, analyst Bowen Hosking reviews the results from several portfolio companies including ABB, CAR, NWL, REA, RMD & ZIP. Bowen also discusses the results from CBA and CSL. https://images.squarespace-cdn.com/content/v1/68a7f49e314ed8751eb6ccaa/fa2a31ce-c737-4351-b1fc-f2e03dd67d80/Enhanced_Asset_Management_Manager_Insights_Bowen_Hosking_Market_Update_Reporting_Season_August_2024_.png Manger Insights Videos Bowen Hosking gives a rundown on the outcomes of the August 2024 Reporting Season. https://images.squarespace-cdn.com/content/v1/68a7f49e314ed8751eb6ccaa/23a5b376-9fec-4f2e-9132-634f46d82d90/Enhanced_Asset_Management_Manager_Insights_Bowen_Hosking_Portfolio_Update_ResMed_RMD_Purchase.png Manger Insights Videos Bowen Hosking provides an update on the acquisition of ResMed (RMD) for the Concentrated Australian Equity Portfolio. https://images.squarespace-cdn.com/content/v1/68a7f49e314ed8751eb6ccaa/1765500764330-JVTV8QZ2S9EBOJ1WMEAT/Enhanced_Asset_Management_Manager_Insights_Bowen_Hosking_Portfolio_Update_AUBQOR_December_2025%2B%25281%2529.png Manger Insights Videos In this update, Enhanced Asset Management's Bowen Hosking provides an update on the AUB takeover offer, as well as providing insight into a new investment within the portfolios. https://images.squarespace-cdn.com/content/v1/68a7f49e314ed8751eb6ccaa/a51d61a5-bb0f-462e-9e89-276e4f5c307e/Enhanced_Asset_Management_Manager_Insights_Russell_Muldoon_Portfolio_Update_2024_Financial_Year_August_2024.png Manger Insights Videos Portfolio Manager Russell Muldoon updates investors on Enhanced Asset Management 2024 Financial Year Summary. https://images.squarespace-cdn.com/content/v1/68a7f49e314ed8751eb6ccaa/01637869-b975-48d6-8ba6-fa0b4ff14406/Enhanced_Asset_Management_Manager_Insights_Russell_Muldoon_Portfolio_Update_Tech_Drive_Bull_Market_4_July_2023.png Manger Insights Videos Russell Muldoon explains the factors driving the tech-driven bull market and the changes within Enhanced Asset Management's Concentrated Australian Equity Portfolio. https://images.squarespace-cdn.com/content/v1/68a7f49e314ed8751eb6ccaa/56c74cbe-16f7-4fe6-9ccc-f056525da4c2/Enhanced_Asset_Management_Manager_Insights_Russell_Muldoon_Market_Update_November_2025+%281%29.png Manger Insights Videos In this update, Enhanced Asset Management Portfolio Manager Russell Muldoon discusses current market volatility, and how the investment team are positioning the portfolio to protect capital and then take advantage of the sell off when conditions prevail. https://images.squarespace-cdn.com/content/v1/68a7f49e314ed8751eb6ccaa/7ab295e9-f6c5-4d6a-8001-bef1cbc616f6/Enhanced_Asset_Management_Manager_Insights_Bowen_Hosking_Portfolio_Update_RMD_AGL_AUB_PSI_360_May_2024.png Manger Insights Videos Bowen Hosking discusses the results of RMD, AGL, AUB, PSI, and Life 360, and their impact on Enhanced Asset Management's Concentrated Australian Equities Portfolio. https://images.squarespace-cdn.com/content/v1/68a7f49e314ed8751eb6ccaa/38e037b2-39a5-4e5c-960a-63fbdc395164/Enhanced_Asset_Management_Manager_Insights_Bowen_Hosking_Portfolio_Update_AUB_October_2025.png Manger Insights Videos AUB Group (AUB) has received a non-binding takeover offer from EQT to acquire 100% of the business at a price of $45 per share. Enhanced Asset Management Equity Analyst, Bowen Hosking, discusses the proposal and how we are positioning our portfolios. https://images.squarespace-cdn.com/content/v1/68a7f49e314ed8751eb6ccaa/85ed158c-c427-4792-b930-53fed9ca4f6d/Enhanced_Asset_Management_Manager_Insights_Russell_Muldoon_Company_Update_FY_24_Reporting_Season_Update_AGL_360_Market_Conditions.png Manger Insights Videos Portfolio Manager Russell Muldoon discusses the results of AGL, 360 and the market conditions leading up to and during the 2024 Reporting Season. https://images.squarespace-cdn.com/content/v1/68a7f49e314ed8751eb6ccaa/ebcc2240-6250-4c7c-baf6-bd52fa2ed8b1/Enhanced_Asset_Management_Manager_Insights_Bowen_Hosking_Company_Update_Aussie_Broadband_ABB_AUG_Group_FY25_Reporting_Season_Company_Updates.png Manger Insights Videos Bowen Hosking sums up the 2025 Reporting Season holdings of the Concentrated Australian Equities Portfolio, Aussie Broadband (ABB) and SUB Group (AUB). https://images.squarespace-cdn.com/content/v1/68a7f49e314ed8751eb6ccaa/575e6157-ec65-4e0f-b3a0-851de1f018fb/Enhanced_Asset_Management_Manager_Insights_Bowen_Hosking_Company_Update_FY_25_Reporting_Season_Update_CDA_AGL_ZIP.png Manger Insights Videos Bowen Hosking gives a rundown of how stocks in the Concentrated Australian Equities Portfolio investment universe have reported so far during the August 2025 Reporting Season. Bowen also shares key result breakdowns for Codan (CDA), AGL Energy (AGL), and Zip Co (ZIP). https://images.squarespace-cdn.com/content/v1/68a7f49e314ed8751eb6ccaa/34767e59-bba4-4acd-85a8-29f970e336ff/Enhanced_Asset_Management_Manager_Insights_Bowen_Hosking_Portfolio_Update_Zip_Co_June_2025_.png Manger Insights Videos Bowen Hosking updates investors on the holding of Zip Cp (ZIP) in the Enhanced Asset Management Concentrated Australian Equity Portfolio. https://images.squarespace-cdn.com/content/v1/68a7f49e314ed8751eb6ccaa/8cb8f2a6-659a-4826-895e-03ae58454824/Enhanced_Asset_Management_Manager_Insights_Bowen_Hosking_Company_Update_ASX_Updates_RMD_ZIP_AUB_360_2.png Manger Insights Videos Holdings in the Enhanced Asset Management Concentrated Australian Equity Portfolio provided market updates in May. Bowen Hosking takes investors through RMD, ZIP, AUB and 360's market updates. https://images.squarespace-cdn.com/content/v1/68a7f49e314ed8751eb6ccaa/b8b5ed11-3e8e-4fa1-bde2-517b09434741/Enhanced_Asset_Management_Manager_Insights_Bowen_Hosking_Company_Update_Finding_Value_In_ASX_Stocks_ABB_ANN_CDA_ZIP.png Manger Insights Videos The market correction has created opportunities in high-quality ASX companies. 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