Research Insights

Why this misunderstood private credit firm is one of our high conviction small cap holdings

IAG’s pricing tailwinds and innovative reinsurance deals create a strong earnings outlook for FY 2025 and beyond.

With the top 10 stocks in the ASX 200 accounting for 49% of the index, we analyse what this concentration can mean for investors.

Why we see significant upside in this Aussie industrial icon.

A look at how Integral Diagnostics is harnessing AI and teleradiology to scale operations and capitalise on a fragmented imaging market for substantial growth.

Last year Newmont, a large US-domiciled gold miner, paid a 35% premium to acquire Newcrest Mining in a cash and scrip deal. We held Newcrest in the Firetrail High Conviction Fund prior to the bid and maintained our holding in Newmont after deal completion.

Following a period of exponential growth, the outlook for EV manufacturers has recently become more challenging. Where do we see the opportunities?

After two years of underperformance, the outlook for small companies now looks extremely attractive. Firetrail Portfolio Manager Matthew Fist breaks down the outlook.