Latest financial insights
Investment Watch is a quarterly publication delivering insights into equity strategy and economic trends. The Summer 2026 edition explores global and Australian growth outlooks, structural shifts in asset allocation, and highlights opportunities across AI, resources, property, and income strategies to help investors navigate volatility and prosper in the year ahead.
Investment Watch is a quarterly publication produced by Morgans that delves into key insights for equity and economic strategy.
This publication covers
Economics - 'The Australian economy: a landscape of challenge and opportunity'
Asset Allocation - 'Structural shifts demand a portfolio rethink'
Equity Strategy - 'Diversification is key'
Banks - 'Fundamentals don't justify share price strength'
Industrials - 'Prepared for the uptick'
Travel - 'Selective opportunities'
Resources and Energy - 'Steady China and tight supply'
Consumer discretionary - 'Recovery underway'
Healthcare - 'Attractive, but with limited opportunities'
Infrastructure - 'Rising cost of capital but resilient operations'
Property - 'Structural tailwinds building'
It’s hard to believe that 2025 is already drawing to a close. As we enter the holiday season, we want to take a moment to express our deepest gratitude for your continued support and trust. This trust is the very foundation of everything we do. This time of year is a chance to reflect on the significant progress we’ve made. The entire team at Morgans is incredibly proud of the efforts and achievements from the past twelve months that reinforce our commitment to providing you with top-tier advice and opportunities. These achievements mean that Morgans continues to provide top-line advice and investment opportunities that benefit clients across our national branch network.
Morgans clients receive exclusive insights such as access to our latest Investment Watch publication. Contact us today to begin your journey with Morgans.
Equity markets remain at the mercy of abnormal macro-economic conditions such as unconventional central bank interest rate settings and heightened political uncertainty. Making bold portfolio decisions amid such uncertain conditions is a difficult and potentially hazardous exercise; hence our cautious Asset Allocation settings.
Despite these challenges, we think that enduring investment themes are worth following in the year ahead. These themes help frame our Asset Allocation strategy, and we highlight these (and the best stocks to leverage them) below:
Our ten key investing themes and how to play them
- A US cyclical recovery drives interest rates upwards – QBE Insurance Group (QBE), Computershare (CPU)
- Rising domestic energy prices – AGL Energy (AGL), Infigen Energy (IFN), Senex Energy (SXY)
- Resources cashflow resurgence – BHP Billiton (BHP), Rio Tinto (RIO), South32 (S32), Oil Search (OSH)
- Diversify internationally – our recommended LICs and ETFs
- Inbound tourism – Sydney Airport (SYD), Mantra Group (MTR), Helloworld (HLO), Apollo Tourism and Leisure (ATL), The Star Entertainment Group (SGR)
- Rise of the Chinese consumer – Treasury Wine Estates (TWE), Blackmores (BKL), Bellamy's Australia (BAL), The A2 Milk Company (A2M), Capilano Honey (CZZ)
- Smarter healthcare and the empowered consumer – ResMed Inc (RMD) and Volpara Health Technologies (VHT)
- Retail disruption and the Amazon threat – Beacon Lighting (BLX), Lovisa Holdings (LOV), Bapcor (BAP), Qube Logistics (QUB)
- The push for financial deregulation – Westpac Banking Corporation (WBC), US Banks (ASX: BNKS)
- The digital marketplace – NEXTDC (NXT), Vita Group (VTG), Megaport (MP1)
Morgans clients receive access to detailed market analysis and insights, provided by our award-winning research team. Begin your journey with Morgans today to view the exclusive coverage.
