Alison Savas is joined by Martin Daum, the CEO of Daimler Truck Holding AG.  The German-listed company in the world's largest manufacturer of commercial vehicles. It builds trucks, buses, and other commercial vehicles under brands including Mercedes Benz, Freightliner, Western Star, Mitsubishi Fuso, Bharat Benz, Rizon, and Setra.  More about Antipodes: https://antipodes.com/     ..read more

Link to the previous EVs episode from 2021 referenced in this podcast: https://www.podbean.com/eas/pb-gy3zp-ff1e7e More about Antipodes: https://antipodes.com/ Key times: Shifting dynamics in the auto industry over the past 3 years: 1:00 EV demand now below previous market expectations? 3:20 The rise of Chinese automakers: 9:30  Are hybrid electric vehicles here to stay? 19:00 Solid state batteries & autonomous vehicles: 22:30 Who will be the long term winners and losers in the global auto industry? 29:30 *Stock commentary in this episode is illustrative only and should not be ..read more

In this episode, Alison Savas is joined by Antipodes Chief Investment Officer, Jacob Mitchell.  They discuss key macro and market developments in the fourth quarter of 2023 along with how Antipodes is positioning for the year ahead. Jacob and Alison also provide key insights into the investment case for Oracle Corp (NYSE: ORCL). Key times: Has the Fed pulled off a soft landing? 1:00 The potential for a deterioration in liquidity & headwinds for US equities at the index level: 6:00 Antipodes current portfolio positioning: 12:00  Valuation discipline case study - exiting SAP & ..read more

In this final episode for 2023, Alison Savas is joined by all Antipodes' Sector Portfolio Managers. Each PM shares one stock (or area of their coverage) they believe will perform in the year ahead, and one stock or part of the market they believe investors should avoid.   1:30: Graham Hay - Hardware, Industrials & Commodities Portfolio Manager.  Stock to watch: Taiwan Semiconductor Manufacturing Co (TPE: 2330) 6:20: Nick Cameron - Healthcare Portfolio Manager Sector to watch: Small to mid-cap medical device companies Stock to watch: Alcon AG (SWX: ALC) 15:00: Max Shramchenko ..read more

The backdrop for investing in Brazil is changing - fundamentals are improving, inflation is falling, rates are falling and policy makers are embarking on fiscal repair. On top of this stock market valuations are attractive. So, in this episode, Alison Savas (Antipodes Investment Director) and John Stavliotis (Antipodes Emerging Markets PM) discuss the case for increasing exposure to Brazilian equities.  Key times: Elevator pitch - why investors should consider Brazil: 1:00 Inflation, rate cuts and Brazil's cyclical setting : 2:20 Structural opportunities in Brazil - commodities and agric ..read more

Along with a discussion about the state of the markets in Q3 2023 and Antipodes' current portfolio positioning, this episode covers the recent developments in the global oil market amid the escalation of conflict between Israel and Hamas.  Alison Savas (Antipodes Investment Director) is joined by Graham Hay (Antipodes Industrial, Hardware & Commodities Portfolio Manager) for this episode. Key times: Current oil market dynamics & the implications of lower capital expenditure in recent years: 1:00 How Iran could hold the world's oil market to ransom if the Israel - Hamas conflict w ..read more

In this episode Alison Savas speaks with Benoit Bazin, the CEO of French-listed building materials manufacturer Saint-Gobain (EPA: SGO)*.  Saint-Gobain (a holding in Antipodes' global portfolios) operates in 76 counties and is playing a major role in making the construction and building industries more sustainable. It might surprise you that the construction and building industries account for 40% of global carbon emissions - that’s more than the global transportation sector. Key Times: Overview of Saint-Gobain: 1:30 The global market for sustainable construction materials: 5:30 75 ..read more

At around 11x times forward earnings, UK equities are the cheapest they’ve been since the 2008 financial crisis (apart from COVID), and they are the cheapest in the developed world.  In this episode, Alison Savas and James Rodda discuss the UK macro environment and Antipodes' three largest UK-listed holdings; Diageo, Tesco, and NatWest.  Key Times: Inflation in the UK: 1:30 The insulated UK economy: 3:00 Diageo (LON: DGE): 6:30 Tesco (LON: TSCO): 13:40 NatWest Group (LON: NWG): 21:20 Stock commentary is illustrative only and not a recommendation to buy, hold, or sell any secur ..read more

The recent stock market rally has become increasingly unbalanced.  The NASDAQ is up almost 40% this year and just 10% off its all-time highs. But it’s the seven largest US tech stocks which have contributed half of the performance in global equities this quarter and calendar year.  In this quarterly update episode, Alison Savas (Investment Director) and Rameez Sadikot (Portfolio Manager) discuss what this narrow performance in equities really means, along with how the macro backdrop could impact markets. Key times: Examining stock market performance over the past quarter: 1:00 Valua ..read more

Portfolio Managers Alison Savas and James Rodda explain how Antipodes' approach to value investing uncovers attractively priced opportunities amongst some of the biggest tech stocks in world. 1.12: Why a pragmatic approach to value investing is required in a new world of disruption  2.36: Microsoft 8.10: Facebook 16.00: Oracle Corporation 21:50 Amazon, Tesco and the new retail landscape 29:40: Growth taps (Zoom Video Communications)   ..read more