The Active Investor w/SGH

In this month's episode of The Active Investor, CEO Steve Hiscock and Chief Investment Officer Rob Hogg unpack the key events shaping markets in June. From the impact of falling oil prices and a more hawkish US Federal Reserve to growing risks in US equity markets and Australia's diverging economic outlook, they explore what investors should be watching closely. The discussion also examine...

In this month's episode of The Active Investor with SGH podcast, CIO Rob Hogg is joined by Senior Portfolio Manager Hamish Tadgell to discuss the key themes driving markets in May. They explore the resilience of the US economy, the continued strength of AI-related investments, Australia's lagging market performance, and the outlook for interest rates, earnings and inflation. The discussion...

Global markets rebounded strongly in April, led by the US, despite ongoing volatility driven by the Middle East conflict and rising oil prices. While sentiment improved, markets are increasingly pricing in higher inflation, higher interest rates, and softer growth, with early signs of weakening earnings expectations and declining consumer confidence—particularly in Australia. Looking ahead, the ke...

In this episode of  The Active Investor with SGH , Steve Hiscock is joined by CIO Rob Hogg as they unpack a turbulent March for global markets, dominated by escalating tensions in the Middle East and the resulting surge in oil prices. As volatility spiked and investor sentiment shifted, equity markets weakened, interest rates rose, and growth expectations softened. Against this uncertain backdrop,...

In this episode of The Active Investor with SGH , Steve Hiscock is joined by CIO Rob Hogg to unpack the key market moves since the start of 2026—from surging precious metals and shifting rate expectations to bond market signals in Australia and Japan. They’re also joined by resources specialist Stephen Gorenstein to explore what’s driving the commodities rally, why this cycle may be more selective...

In this episode of The Active Investor with SGH , Steve Hiscock and Hamish Tadgell, Head of Australian Equities, outline expectations for the upcoming reporting season. Despite heightened macroeconomic and geopolitical uncertainty, Hamish expects the season to be broadly resilient, supported by an improving domestic economic cycle following RBA rate cuts through 2025 and generally conservative cor...

In this episode of The Active Investor with SGH , Steve Hiscock and Rob Hogg break reviews market activity, noting that volatility was driven mainly by shifting expectations around US interest-rate cuts, while concerns about an AI-driven tech bubble persist but appear premature. They also discuss Klarna’s upcoming USD-backed stablecoin and the growing role of stablecoins in payments. In Australia,...

In this episode of The Active Investor with SGH , Steve Hiscock and Rob Hogg break down October’s market moves — from the U.S. government shutdown and Fed rate cuts to gold’s volatility and Australia’s inflation surprise. They discuss whether the recent surge in U.S. tech signals a bubble, why they don’t think we’re there yet, and where investors can still find opportunities amid high valuations....

Episode #16 | September 2025: Sticky inflation - tricky situation! In this episode of The Active Investor, SG Hiscock & Company’s Executive Chair Steve Hiscock and CIO Rob Hogg unpack: 🔹 Small caps revived - relative valuation gap vs large caps began to narrow 🔹Gold on a tear - how this is boosting resources-linked small caps. 🔹Rates & inflation - despite markets still pricing multiple...

Record volatility. Small caps soar. Gold shines. But the standout story? A once-in-a-generation reporting season. In this episode of The Active Investor , SG Hiscock & Company’s Executive Chair Steve Hiscock and Head of Australian Equities Hamish Tadgell unpack: 🔹 Why the September 2025 reporting season saw record stock price moves 🔹 The outperformance of small caps led by resources, consume...

Powell surprised. Bonds steepened. Small caps surged. But the headline act? US housing feeling the strain. In this episode of The Active Investor, SG Hiscock & Company's Executive Chair Steve Hiscock and CIO Rob Hogg unpack:🔹 Powell's dovish turn at Jackson Hole and its impact on rate expectations🔹 Why US housing is under renewed pressure as 30-year yields rise🔹 The global bond mark...

Episode #13 | July 2025: No panic, no cuts – just GENIUS Equities stayed strong. Central banks held steady. Inflation remained contained. But the headline act? The GENIUS Act. In this episode of The Active Investor, SG Hiscock & Company's Executive Chair Steve Hiscock and CIO Rob Hogg unpack: 🔹 What the passing of the GENIUS Act means for stablecoins and digital finance 🔹 Why markets rem...

Equities held firm. Volatility stayed low. Risks? Quietly re-priced. But the biggest talking point? The Big Beautiful Bill. In this episode of The Active Investor, SG Hiscock & Company's Executive Chair Steve Hiscock and CIO Rob Hogg explore: 🔹 The implications of the Big Beautiful Bill on earnings and sentiment 🔹 Why markets shrugged off rising geopolitical tension 🔹 Shifting global fl...

Markets rallied in May, but uncertainty still looms. In this month's update, SGH Executive Chair Steve Hiscock is joined by Chief Investment Officer Rob Hogg to unpack the equity market surge, surprising economic resilience, and the emergence of "TACO" – Trump Always Chickens Out . They cover: • Why global equities jumped despite lingering risks • The significance of tariff rollbacks...

Markets were rattled in April, and uncertainty remains high. In this month's update, SGH Executive Chair Steve Hiscock is joined by Chief Investment Officer Rob Hogg to unpack the sharp market swings sparked by Trump's tariff announcements, bond market stress, and shifting investor sentiment. They cover: • What triggered the bond market's dramatic mid-month spike • The role of foreign...

Markets are in turmoil, and investors are looking for clarity. In this mid-month update, SGH Executive Chair Steve Hiscock is joined by Chief Investment Officer Rob Hogg to unpack the sharp shift in sentiment, extreme bond market volatility, and what Trump's tariff backflip means for inflation, equities, and Australia. They cover: • Plunging consumer and corporate sentiment • The bond market&#...

Is your portfolio built to adapt? In this episode of The Active Investor w/SGH, host Alastair McKibbin is joined by Travis Prentice, CIO of IMC and portfolio manager for the IMC Global Small Companies Fund, for a deep dive into one of the most underutilised but compelling forces in investing: momentum . From its academic origins to real-world execution, Travis unpacks how momentum — described by F...

In this episode of The Active Investor with SGH, Steve Hiscock is joined by Chief Investment Officer Rob Hogg to unpack the global impact of the  sweeping US tariff announcements  made overnight, and what they mean for investors. With new tariffs targeting not just China (up 54%) but also key allies including Taiwan (32%), India (26%), Korea (25%) and Japan (24%), and existing tariffs on Canada an...

In this episode, Steve Hiscock is joined by Matt Sgrizzi, Chief Investment Officer of LaSalle Global Solutions—part of LaSalle Investment Management, a firm with over 900 professionals operating across every major region of the world. With firsthand insight into local markets and real-time intelligence drawn from the management of over US$90 billion in real estate assets, LaSalle brings unparallel...

In this episode of The Active Investor w/SGH , Rob Hogg (CIO) and Hamish Tadgell (Head of Australian Equities, and Portfolio Manager of the SGH High Conviction Fund) analyse: ✔️ Corporate Earnings and Market Trends ✔️ Sector Analysis: Consumer discretionary volatility - JB Hi-Fi, Bunnings, Kmart; Industrial sector challenges - James Hardie, Reliance, Reece; REIT recovery - Vicinity Centres, Summer...

In this episode of The Active Investor w/SGH , we take a data-driven approach to analysing the key forces impacting markets and what investors should be watching. Are markets heading for a downturn, or is this just a temporary shift? As inflation remains persistent and central banks struggle to balance growth and monetary policy, the risks for investors are mounting. 🔹 US Market Volatility: Trump...

RBA decision: Rates, stocks, geopolitics and other shifts Host Rob Hogg (Head of Individual Portfolios & CIO at SGH) is joined by portfolio managers Tim Gough and Stratton Bell from the SGH Individual Portfolios team to break down the latest market-moving events and what they mean for investors. Episode was recorded on 18 February . What does all this mean for investors? The team shares insigh...

In this episode of the Active Investor w/SGH podcast, we dive into the whirlwind first week of President Trump's second term and its immediate impact on markets, policy, and global trade. From a flurry of executive orders reversing Biden-era policies to aggressive tariff threats and a renewed "America First" strategy, we break down the key decisions shaping the economic landscape.  ...

🎙️ Welcome to the first episode of The Active Investor with SGH! Join Stephen Hiscock, Founder and Chair of SG Hiscock & Company, and Rob Hogg, Chief Investment Officer, as they explore: * 2024 Market Recap – Key trends in Australian equities, global markets, interest rates, and inflation. * 2025 Outlook – Dominant investment themes, including U.S. exceptionalism, China’s potential surprises,...