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Cromwell Funds Management

Redefining the office flight to quality: a Sydney CBD case study

On face value, it’s easy to see why the 'Premium is best' narrative has emerged – but there’s more to the story! Greater diversity of spaces is needed to support focused work, collaboration, and flexibility, with implications for building layouts and landlord-led fitouts.

The physical office in a hybrid world

The trend towards hybrid working was already in motion prior to the pandemic, but has been accelerated and solidified by it, establishing it as the norm. For informed investors, filling the supply gap by providing office space suitable for modern occupation brings performance opportunity.

The polarisation of the office market

Views on the short and long term changes expected in occupier demand for office space as ESG compliance and hybrid working specifications become key requirements, and how this influences the market dynamic and opportunities for investors.

Practical application of ESG and investment strategy

Affording significant weight to ESG for investment decisions is prudent for real estate investors regardless of whether they have altruistic or financial motivations given that ESG-based strategies deliver superior long-term capital protection, creation and growth.

Stock in focus: Sydney Airport

Cromwell completed its takeover of Sydney Airport in March 2022 marking the conclusion of 20 years as a listed entity. The journey has been long and colourful, with many lessons learned along the way in terms of aviation, finance, governance and politics.

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Investment strategies

The thin line between investing and gambling

Prediction markets are blurring the line between investing and speculation and savvy investors can profit from this trend by heeding the advice of famed investor, Benjamin Graham.

Strategy

The refinery problem: A different kind of energy crisis in 2026

The Strait of Hormuz closure due to US-Iran conflict severely disrupted global energy supply chains. While various emergency measures mitigated the crude impact, the refined product market faces unprecedented stress.

Gold

Are we running out of gold?

Geopolitical instability and challenges with new gold discoveries mean we may be approaching a structural shortage of mineable gold, but what does this mean for gold's overall long-term availability?

Investment strategies

ETF investors adding to portfolios during recent volatility

In the face of recent market volatility investors continue to add to their ETF portfolios with these ETFs getting notable inflows, indicating that long-term fundamentals remain solid.

Strategy

Policy setting in democracies

Democracies aren’t a given, and policymakers need to be mindful not to alienate communities and instead be more aligned with mainstream ideas and attitudes. 

Investment strategies

Take my money and lie to me… again

As private funds increasingly show signs of cracking and buckling under a complete lack of liquidity, the salespeople do their best to keep the cash pouring in from new investors. 

Economy

Australia was once a world leader in innovation, now the system is ‘broken’

Ambitious Australia joins a long line of reports examining research and development, finding Australia has fallen behind its peers on many fronts. It urges bold reform to address declining productivity and research spending.

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