News & Insights
The investor's blind spots: five biases your clients will recognise
Seventeen biases, one field guide. Kirit Hira on the five that come up most in client conversations, from selling winners too early to anchoring on the price paid, and the one question that cuts through all of them.
What's left when the machines take the easy trade?
Super funds are telling stock pickers to adapt or die. Joey Mui argues the opposite: systematic money has taken the easy trade, and what it leaves behind is the more rewarding one for patient investors.
Tracking error is not risk
Tracking error and volatility are often read as the same thing. They are not, and confusing them can mean paying active fees for index risk. A short lesson on telling them apart, what the fees are buying, and how to check a fund.
From one spreadsheet to a working system: the early days of AI at Merlon
In July, one of our portfolio managers asked how to get our attribution out of Excel. Two months later, AI supports our research, reporting and company engagement. It is early days, but here is what we have learned, and why we think it matters.
Merlon steps out front and centre post-Fidante buyout
Fresh off a company rebrand and exiting Fidante ownership, Merlon chief executive Neil Margolis says the firm’s independence has put the management in control of its own destiny.
How a $1b fund turned a three-page letter into an investment edge
If you’re running a large listed Australian company and a letter from Merlon Capital Partners arrives in the mail, chances are you’re not in a great place.
The Evolution and Benefits of Equity Income Funds in Australia’s Growing Retirement Market
We discuss how equity income funds can support Australia’s retirees with stable income and capital growth, leveraging the dividend imputation system.
When Value Investing Embraces Human Behavioural Patterns
Neil Margolis delves into the intersection of human behavior, ESG considerations, and the principles of value investing in this recent INNOVATIA article.
MEDIA SUMMARY: Merlon tops Mercer’s list of Australian equity funds for FY22/23
Merlon’s Concentrated Value Fund topped Mercer’s list of Australian equity funds for the 12 months to June 30.
How the best-performing Aussie large-cap fund for FY22/23 achieved its results
The Merlon Concentrated Australian Share Fund topped the Livewire rankings for Aussie large-cap managers in FY22/23. In this Livewire interview, the Merlon team discuss their investment process and how they achieved the results they did last year.
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