With the top 20 stocks accounting for ~60% of the ASX 200, most Australian portfolios are more concentrated than investors realise, and passive inflows are deepening that concentration each day. The stocks overlooked as a result tend to offer better valuations, less crowding and more room to grow. As Dion explains, the mid-cap and small-cap segment has historically been “the sweet spot for returns”, and the gap between index leaders and the rest of the market is widening.
2 Apr 2026
In this presentation at the recent Advisers Big Day Out, Dion Hershan (Head of Australian Equities) explains why the dominance of the ASX 20 is creating both risks and opportunities, and details how investors can position for the next phase of growth.
16 Feb 2026
Joel Fleming: Why microcaps should be on your radar
The smallest part of the market offers a huge investible universe and the opportunity for genuinely impressive long-term growth. As...
11 minute watch
10 Aug 2018
Back long-term behaviours
Phil Strano, Senior Investment Manager at Yarra Capital Management, explains how the balanced scorecard approach can be used to assess...
2 minute read
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