Allan Gray Australia

10/06/2026

In a recent interview on the Everyday Investor podcast, host Darcy Ungaro spoke with our own Chris Hestelow. In this wide-ranging conversation, they discussed the evolution of passive investing and examined a question of growing relevance: does passive still deliver genuine diversification? Listen to the episode below.

Chris Hestelow, Investment Specialist at Allan Gray, talks to me about the 'Passive vs Active' debate, AI concentration risks in index funds, and reflexivity...

09/06/2026

Allan Gray Australia's latest Fund Fact Sheets are now available.

Browser the Allan Gray Australia news and insights library for brochures, quarterly reports, fund factsheets, whitepapers and much more.

02/06/2026

Proposed changes to capital gains tax could have broader implications than many realise.

In a conversation with Ausbiz’s Juliette Saly, Allan Gray Portfolio Manager Suhas Nayak discusses how the changes may encourage companies to prioritise dividends over reinvestment, potentially impacting productivity and long-term growth. He also highlights the risk of increasing the cost of capital for Australian investors while making local businesses more attractive to foreign buyers before suggesting an alternative. Watch now

22/05/2026

Consistency, not complexity, drives confidence. Discover the power of a contrarian approach. Download our e-book. https://www.allangray.com.au/information/provenpowerfulclients/

22/05/2026

Allan Gray Co-Portfolio Manager Dr Suhas Nayak was interviewed by The Australian newspaper on 6 May 2026, ahead of our Investment Forum. Suhas discusses how the Australian sharemarket has become dangerously concentrated, with nearly half the ASX’s value tied up in just 10 companies, leaving index investors heavily exposed to the performance of a small number of large stocks. Suhas also discusses the potential outlook for banks, which are trading at extreme valuations, the opportunity we see for our portfolios in CSL, and how a similar situation has unfolded globally. Read the full article here: https://www.allangray.com.au/suhas-speaks-to-the-australian/

19/05/2026

Almost half the ASX is now concentrated in just ten stocks.

On the sidelines of our recent Investment Forum, Nadine Blayney from Ausbiz spoke with Allan Gray Portfolio Manager Dr Suhas Nayak on why growing concentration risk is creating opportunities beyond the market’s biggest names.

While valuations across banks and miners have expanded significantly, Suhas explains why Allan Gray is finding value in “forgotten industrials” trading on depressed earnings multiples, including Ansell, Orora and Amcor.

The conversation also covers overlooked beneficiaries of AI and data centre investment, and as Nadine puts it, “the stock that divides the nation right now … CSL.”

Watch the full interview here: https://www.allangray.com.au/value-beyond-the-top-10-video-with-ausbiz/

Investments carry risks.

18/05/2026

Contrarian doesn’t mean chasing low prices. It means looking beyond short-term numbers to find real value. After 20 years, we’ve seen patience reveal potential. Download our e-book. https://www.allangray.com.au/20-years-strong/

16/05/2026

Patience isn’t passive, it’s powerful. 20 years of contrarian investing has taught us that courage and discipline may reveal value, and time may reward conviction. Download our e-book. https://www.allangray.com.au/information/provenpowerfulclients/

15/05/2026

In 20 years, one truth stands out: you can’t outperform by doing the same as everyone else. Download our e-book. https://www.allangray.com.au/information/provenpowerfulclients/

15/05/2026

20 years on, conviction remains our compass. See how discipline and patience helps to build returns. Download our e-book. https://www.allangray.com.au/information/provenpowerfulclients/