Portfolio Construction Guide 2025: A comprehensive guide to portfolio construction for financial year 2024–25

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Welcome to our Money Management special report, where we explore and demystify five asset classes for financial advisers.

This report is divided into five chapters, each featuring insights from a manager specialising in their respective field. Our partners provide analysis on the performance of their asset classes, their integration into client portfolios, and the current opportunities they observe.

Specifically, this e-book will cover:

  • Global equities with Capital Group 
  • Commercial real estate opportunities with Metrics Credit Partners 
  • Global private credit with Pengana Capital Group 
  • Australian small-cap equities with Maple-Brown Abbott 
  • Retirement income with Allianz Retire+

On behalf of Money Management and our partners, we hope you enjoy this report.

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An Interview with David Koch, Money Management founder

As we approach Money Management's 30th Anniversary gala, Managing Editor, Mike Taylor, sat down with media heavyweight and Money Management founder, David Koch, to trace the genesis of Australia's longest-running financial services publication, and the colourful personalities that have shaped the industry.

As we approach Money Management's 30th Anniversary gala, Managing Editor, Mike Taylor, sat down with media heavyweight and Money Management founder, David Koch, to trace the genesis of Australia's longest-running financial services publication, and the colourful personalities that have shaped the industry.

SIAA appoints CEO to replace Fox

siaa/JBWere/ceo/appointment/

The Stockbrokers and Investment Advisers Association has announced the appointment of its new chief executive following the exit of Judith Fox after six years.

AUTHOR

Do SMAs detract from the individualisation of advice?

SMAs/financial-advice/tax/

While SMAs may boost adviser efficiency, an adviser has suggested that widespread use could leave some clients in a worse position while also reducing the individuality of their service.

AUTHOR

Higher monthly inflation leaves question mark over rate hikes

cpi/ABS/inflation/VanEck/State-Street/BetaShares/

Higher interest rates could be on the cards for 2026 after monthly CPI inflation for October showed an increase of 3.8 per cent.

Read more about:

AUTHOR

Sequoia supports APAC expansion with board appointment

Sequoia/board/appointment/

Sophie Chen has begun her role as executive director at Sequoia Financial Group, responsible for implementing the firm's strategy in Asia-Pacific as the group looks to cross-border partnerships.

AUTHOR

Actively managed ETF global market hits record high

ETF/active-ETF/flows/

Global actively managed ETF assets hit a record high in October, according to independent research and consultancy firm ETFGI, breaking the record set the previous month.

AUTHOR

Advice firm trio merge to form new Sydney entity

advice-firm/M&A/

| By Alex Driscoll |

Three advice firms – Talem, Assure and Plenary Wealth – have merged to create a Sydney-based advice business.

AUTHOR

Federation AM bolsters ESG focus with senior appointment

ESG/hire/Federation-Asset-Management/appointments/

Federation Asset Management has appointed an investment director and head of responsible investments to support ESG integration strategy across the firm.

AUTHOR

Research and human judgement key to effective managed account usage

managed-accounts/Zenith/

While model figures provide valuable insights on how advisers can draw benefits from managed accounts, Zenith’s head of portfolio solutions has argued professional judgement and quality research are key to successful implementation.

AUTHOR

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