Anthony McDonald
speaker
1,222 appearances
5 recordings
2 series
first heard Apr 2026
last heard 3 Jul
Anthony McDonald’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 5 in all, peaking in Jun 2026 with 3.
Appearances
Probably too much for our dear audience.
I think it's a big topic.
It's a huge topic.
I mean, we talk a lot about the structural changes in the Australian equities market.
I mean, that's one of the bread and butter bits of our job, right?
That's where the corporate world meets the financial markets and
I think that's our role to pick into that.
And things have been very unusual in Australian shares, like unprecedented unusual in recent years.
You know, your CBA share price getting to $160 plus, the IPO market very slow, the 40% drop in share prices on earning misses and results days, the lack of liquidity through the trading day.
The hectic, hectic trading that happens around index rebalances.
The fact that 30% to 40% or more of the shares can go through in a 10-minute match at the end of the day when the passive funds trade.
I mean, all that tells you that there's structurally big changes.
We're looking into why.
I mean, the performance test is part of that.
Because likewise, you can look at capital allocation more broadly.
Think about startup funding, infrastructure investment, property investment.
I can make the case to you that the performance test is distorting those investment decisions as well.
And that's because the test sort of splits down a fund's performance by asset class.
So in equities, infrastructure, fixed income or whatever, it says take that little allocation you've got and you've got to compare it to the benchmark in that sector.
So it encourages you basically...
Showing 121–140 of 1,222 · page 7 of 62
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