30 July 2025
You're fired! 6 ASX stocks to fire, 6 to hire
In a special Livewire, Elston Portfolio Manager Joe McCarthy joined his asset management peers to name which ASX companies they’d fire (and which they’d hire). Read more
12th December 2024 - Asset Management
With the calendar year drawing to a close, you’re probably looking forward to some summer holiday downtime. To help you while away a few hours of me-time, we’ve compiled a list of books you might want to consider throwing in the bag as you pack for the beach.
How did we decide on the titles? We asked our asset management team to tell us which books they’d like to dive into over the break. Hopefully you’ll find something here that sparks your interest, or the imagination of the younger members of the family. Enjoy your summer, happy reading and we look forward to seeing you in the new year.
This award-winning novel is a story of brotherhood, true love and the most unlikely of friendships. Critics have described it as heartbreaking, joyous and exhilarating. Jarrad Sundqvist describes it as a book that’s so good you won’t want to fall asleep on the couch, even after three servings of pudding. If you love great Australian writing this is a must read. Get Santa to put it on your list.
What if instead of being the ‘lucky country’ Australia became known as the ‘loving country?’ Could we be kind and compassionate as a society all the time, not just when we step up to help others in times of disaster? These are the questions Hugh Mackay asks in his book The Kindness Revolution. It challenged the thinking of Susan Chenoweth. Perhaps it can inspire you too.
Champions sweep the sheds. They follow the spearhead. They are good ancestors. In Legacy, James Kerr goes deep into the heart of the All Blacks to reveal 15 powerful lessons for leadership. Legacy is a unique, inspiring book that asks: How do you achieve world-class standards, day after day, year after year? Thanks for the recommendation Megha Sharma. Even diehard Wallaby fans will love this one.
Champagne: A secret history is part of David Seager’s cellar of book recommendations. It takes us on a journey to visit the great growers, reveal the clandestine history of the region and dispel many of the myths that persist today. Controversial and ground-breaking, this book will change the way you think about Champagne, and provide sparkling conversation over a glass of bubbly at Christmas.
Mark Smith had only a passing interest in Greek myths, until he stumbled across this modern collection stylishly retold by legendary writer, actor, and comedian Stephen Fry. The book transforms tales of Zeus and the Olympians into emotionally resonant and deeply funny stories. And of course, each adventure, from Pandora’s box to Prometheus’s fire, is infused with Fry’s distinctive wit.
Eloise Flick reads this book to Oscar (that’s her son, not her husband) every night. Why? Well, some days are for ice-cream in the park, bubbles in the bath and big, bright bunches of balloons. Other days are for camping in the yard, splashing in the pond or skating down the path. But no matter what kind of day it is, there are always moments of happiness to be enjoyed.
Why is the Australian Government banning children from social media? Well, maybe just like Justin Woerner, they’ve read this book. It argues that the spread of smartphones, social media and overprotective parenting have led to a “rewiring” of childhood and a rise in mental illness. Is the author right? Maybe grab a copy this Christmas and see for yourself.
This symphonic novel of love and war, childhood and class, guilt and forgiveness is a brilliant and provocative narrative. Some of you may be aware that it was made into a movie starring Keira Knightly. But Alastair McLeod, who recommended this book, says you’ve really got to immerse yourself in Ian McEwan’s words to get the full impact of this story told in three parts
Is Flight Centre a modern-day organisation with a corporate structure that comes from the Stone Age? Perhaps. 1973 isn’t exactly prehistoric, but it was a time when two 23-year-old Queenslanders were keen to step outside the cave and create something that would eventually become mammoth. How did they succeed? Read this book, recommended by Nick Revis, to find out.
Does the thought of living (and working) for longer fill you with dread? Or can you see the potential for a more stimulating future as a result of having so much extra time? The traditional notion of a three-stage approach to our lives: education, followed by work and then retirement might need to evolve. How can we do that? Don’t worry. The 100-Year Life, recommended by Samantha Hutchison, is here to help.
This book was recommended by who else but football mad Peter Vlachos. Leading captures the life of Sir Alex Ferguson and his 27 years as manager of Manchester United. Arguably the greatest soccer coach of all time (are we allowed to say soccer Peter?) Ferguson led his team to incredible success. What can we non-Scottish, non-footballers learn from him? So much.
This is the captivating story of mathematics’ greatest ever idea: calculus. Without it, there would be no computers, no microwave ovens, and no space travel. But before it gave modern man (and Elston analyst Michael Wong) almost infinite powers, calculus had to survive millennia of drama. Join Professor Steven Strogatz as he reveals the legacy of calculus from Archimedes to AI.
30 July 2025
In a special Livewire, Elston Portfolio Manager Joe McCarthy joined his asset management peers to name which ASX companies they’d fire (and which they’d hire). Read more
29 July 2025
In the third episode of Elston FM Radio, we explore the evolving world of Multi-Asset Portfolios with Elston Portfolio Managers David Seager and Alastair Macleod and hear their recipe for success in the space. Read more
16 July 2025
In this video, Portfolio Manager Alastair MacLeod provides his perspective on the current macroeconomic environment, its implications for markets, and what it means for portfolios. Read more
15 July 2025
In the latest Livewire article, Elston Portfolio Manager Alastair Macleod examines the elevated valuation of CBA and highlights how retail investor behaviour could play a pivotal role in reshaping market dynamics. Read more
15 July 2025
In the second episode of Elston FM Radio, we venture beyond the ASX 100 and into the dynamic world of Small Caps with Portfolio Managers Justin Woerner and Gary Merkel. This episode is packed with insights for anyone curious about growth opportunities off the beaten path. Read more
7 July 2025
Elston Asset Management (EAM) is pleased to announce the appointment of Stacey Sinclair as Institutional Distribution Manager. Read the press release to find out more about Stacey and the new role. Read more
1 July 2025
In this first episode of FM Radio, we sit down with Susan Chenoweth, Head of Philanthropic Services at Elston, to unravel the mysteries of the world of philanthropy. If you’ve ever wondered how structured giving fits into financial conversations, this episode is a must-listen! Read more
10 June 2025
The Australian Government's proposed Division 296 tax is a shifting of the Super goalposts that has possibly created some concern for some of your clients. Read the article to see how structured giving could help reduce the impact. Read more
23 April 2025
In the latest Livewire interview, Elston Co-Founder and Portfolio Manager Andrew McKie explains how concentrated market positions, along with technology and AI adoption, drive higher returns and stability for ASX investors. Read more
18 April 2025
In latest Livewire interview, Bruce shares why he’s backing resilient businesses with strong balance sheets and pricing power — built to endure through market cycles. Read more
17 April 2025
In the latest Livewire interview, Elston Portfolio Manager Justin Woerner joins a panel of experts to form AEEBAC to discuss the complexities within the Australian financial sector and offers insight into identifying sustainable investment opportunities amidst market volatility. Read more
10 April 2025
Investors may rightly ask how the markets did not see this tariff-induced pullback coming. Indeed, on the campaign trail in 2024, President Trump often referred to tariffs as "the most beautiful word in the dictionary", relenting later in the campaign to include God, Family and "perhaps" Love in front of it. Read more
18 March 2025
Following on from the reporting season, Co-Founder and Portfolio Manager Andrew McKie has provided a brief overview of the recent results and what that indicates for future earnings and the portfolio positioning. Read more
17 February 2025
First Sentier's David Wilson and Elston Portfolio Manager Joe McCarthy pick apart companies with strong sales growth - is it all it's cracked up to be? Read more
10 February 2025
Elston Portfolio Manager Joe McCarthy and First Sentier's David Wilson share their tips for hunting great growth stocks, and an example for good measure. Read more
3 February 2025
In the first episode of a 3-part Buy Hold Sell series with Livewire, Elston Portfolio Manager Joseph McCarthy reveals which top growth stock picks he would buy, hold or sell. Read more
20 January 2025
We're excited to welcome Alastair to the multi-asset team. In this video, Alastair talks about his career journey from Brisbane to New York and his role as Portfolio Manager. Read more
20 December 2024
For advisers and their clients, are managed accounts simply a better way to invest? Read more to find out why managed accounts have become so popular with investors and advisers. Read more
12 December 2024
Want to relax with a good book over the break? Well, our advisers have shared some titles they've really enjoyed recently. Check out the list to see if there's something you might want to dive into this summer. Read more
26 September 2024
Published on LiveWire There is plenty of opportunity on the ASX, for those willing to do the work. Elston's Co-Founder and Portfolio Manager Andrew McKie is on the case. Read more
23 September 2024
Following on from the reporting season, Portfolio Manager Leon de Wet has provided a brief overview of the recent results and what that indicates for future earnings and the portfolio positioning. Read more
11 September 2024
Elston recently undertook national research with advisers and givers. This article provides an overview of the results and highlights the main factors that are inhibiting some advisers from discussing philanthropy with their clients. Read more
21 August 2024
When many people think about estate planning, they’re initially focused on who they should leave their assets to. But often, through the estate planning process, they also find themselves thinking about the legacy they could be leaving. Read more