Meeting Date: Friday, 14 November 2025
“Steady Strategies for Uncertain Times”
We are pleased to share a high-level summary of the latest Pacific Private Asset Management Investment Committee Meeting.
This update highlights the market themes, portfolio considerations, and strategic initiatives guiding our investment approach.
Key Discussion Highlights
1. Market & Portfolio Positioning
- The Committee reviewed current market trends, including equity market strength, private credit developments, and global macro themes.
- Ongoing work continues across our model portfolios and High Conviction List (HCL), ensuring alignment with long-term return expectations.
- The team reaffirmed the importance of active management, particularly in an environment shaped by AI disruption, shifting inflation expectations, and sector rotations.
2. Industry & Regulatory Developments
- Discussion of recent regulatory updates in private credit markets, including ASIC’s latest guidance on governance, risk disclosure, and transparency.
- Review of platform developments across providers, including cost structures, brokerage comparisons, and changes in managed account frameworks.
3. Private Credit & Alternatives
- Ongoing assessment of global private credit opportunities, new fund launches, and changes to platform availability.
- Review of external manager research continued, with the team evaluating potential replacements within global infrastructure and private market exposures.
4. Investment Research & Knowledge Hub
- Our Investment Knowledge Hub on SharePoint continues to expand, providing internal teams with up-to-date research across asset classes.
- Work is underway to upload remaining manager reviews and to establish structured folders for model portfolios and high-conviction positions.
5. High Conviction List & Model Portfolios
- Updates underway to ensure the HCL reflects current market conditions and manager research insights.
- New model portfolio templates (from Conservative to High Growth) are being developed and tested before deployment.
6. Market Themes & Strategic Insights
Key themes discussed included:
- The rise of private debt and infrastructure allocations globally
- Valuation concerns in hyperscalers and AI-driven sectors
- The ongoing rotation between equity style factors (growth → value → quality)
- Opportunities in global small caps as profitability expectations improve
- The evolving balance between passive and active funds management
- Scheduling an external fund manager presentation for the next meeting
Next Steps
The Committee agreed on several forward actions, including:
- Finalising platform decisions and reporting improvements
- Continuing research into global equities, infrastructure, and private credit managers
- Expanding our internal Knowledge Hub and notification systems
- Preparing updated model portfolios for internal review
- Scheduling an external fund manager presentation for the next meeting
Our Commitment
💡 At Pacific, our Investment Committee meets regularly to review markets, refine strategy, and ensure every portfolio reflects deep research and disciplined decision-making.
📈 We remain focused on delivering resilient, long-term outcomes for our clients through thoughtful allocation, active oversight, and a clear investment framework.
📖 Read more insights: ppam.com.au