Brian Parker
speaker
1,041 appearances
2 recordings
2 series
first heard Apr 2026
last heard 16 Apr
Brian Parker’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 — 2 in all, peaking in Apr 2026 with 2.
Appearances
I need the broadest opportunities that I can find so that I can extract the maximum returns I can from the economy, which is ultimately the source of all returns.
Well, think of it like a term deposit.
If you're going to ask me to put money on a call, I might accept 3%.
But if you want me to lock away money for six months, 12 months, I'll want a higher return because I can't get my money.
There's got to be a trade-off for giving up liquidity.
I know where you're heading with it, because it's certainly something we've discussed as well, is this idea that as the super funds continue to grow, and especially when we are, quite frankly, when you think about something like a $4 trillion pool of assets now in a relatively small economy,
And there's this view that somehow we're kind of outgrowing our own backyard.
And there's a large element of truth to that.
We still invest significant assets here in Australia and we still look for opportunities here in Australia.
Still happy to own Australian equities.
Still happy to get the benefit of franking credits, for example, which is not to be sneezed at.
Will we still look at opportunities to invest in our own backyard?
Yeah, absolutely.
But when you are a large global investor, you inevitably, it's going to be the case that the marginal dollar coming in is going to become more and more likely to invest globally just by sheer weight of numbers.
Your other issue, the equity market's becoming a bit more limited now.
and a lot more companies going private or staying private.
You've certainly seen that in a number of markets.
It's been most pronounced in the United States, where you've seen this massive crossover, the absolute decline in the number of companies listed on Wall Street over the last 20 or 30 years, versus the rise and rise of private equity, the more and more companies owned by private equity interests.
To us, what it means is that, well, if I find a great company, or if we look at a great company and say, that's a great company, we want the chance to own it, whether it's listed on the stock market or whether it's private.
For you guys, it's fine, right?
Showing 241–260 of 1,041 · page 13 of 53
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