From the investment committee’s lips to your ears
Our investment committee is at the forefront of ideas and is really important in guiding Yeates & Co’s investment strategy.
David Heather chairs the Investment Committee whose members include John Eliopoulous (CIO) Ben Grodski (CEO Pacific Private Asset Management), Wes Campbell (Pinnacle), Noel Yeates (Yeates & Co Advisory) and Fraser Neale (RF Neale).
John is the architect of our underlying strategy across all asset classes and products. Recognising that 80 – 90 per cent of performance relies on accurate Strategic Asset Allocation (SAA), John’s role is pivotal in ensuring we get it right for our clients and he shares his insights in Pacific Compass.
The 2026 Economic and Investment Strategy Outlook
2026 will be a defining and revelatory year for investors. The global economy stands at the crossroads of five forces:
- A weakening US labour market, now the single largest global macro risk
- A powerful, ongoing AI-driven investment boom boosting capital expenditure and equity valuations
- Tariff-driven inflation dynamics, shaping monetary policy and global capital flows
- Emerging shifts from De-USD Dollarisation favour gold and USD hedges
- We expect that there will be a global slow down but not a recession (soft landing)
For Australian high-net-worth investors, the landscape is complex but full of opportunity. The US remains the marginal setter of global financial conditions, yet regional divergences, especially between the US, Europe, Japan and China are widening. Australia sits in a favourable position: stronger terms of trade than most peers, a healthier household balance sheet, and the benefit of a fully floating currency that absorbs global shocks. Read More