Paul Schroder

At almost all levels.

We have very good access to the administration.

But I don't think – I'd like to avoid being too distracted by any one politician.

So the main thing is there's about – there's $150 trillion worth of global debt that you can invest in.

There's $140 trillion worth of global equities that you can invest in.

And there's about $15 trillion – this is all in US dollars –

of private markets.

And so you then have to think about, well, how do I get the best exposure for the members of Australian Super, Tatiana, who's got a balance of $53,000?

How do I get her the best exposure so she can invest like a billionaire in the United States or in the UK?

We get tremendous...

Every government of every colour and every persuasion wants to engage with us because we're very important investors and we're long-term investors and we take an active interest in creating wealth.

That's a really important question.

very important perspective.

The connection between Australia and Asia is one of our most tremendous advantages.

And I think there's 170 people in Asia for every person in Australia.

So you've got tremendous opportunity across Asia.

We don't really invest by geography, by the way, Alan, in case I've implied that.

We don't.

We invest by asset class and then we think about securities, often in themes and often in industries.

But we don't say this country or not that country.