Record volatility. Small caps soar. Gold shines.
But the standout story? A once-in-a-generation reporting season.
In this episode of The Active Investor, SG Hiscock & Company’s Executive Chair Steve Hiscock and Head of Australian Equities Hamish Tadgell unpack:
🔹 Why the September 2025 reporting season saw record stock price moves
🔹 The outperformance of small caps led by resources, consumer discretionary and REITs
🔹 How domestic “safe haven” franchises diverged from global cyclicals
🔹 CSL’s shock result and what it signals for large-cap healthcare
🔹 NEXTDC, Chorus and other standout stock stories
🔹 Banks as perceived safe havens, energy transition optimism, and the gold rally
🔹 What muted earnings growth and elevated valuations mean for investors
💡 Timely insights from active managers navigating a volatile market.
✅ Subscribe to The Active Investor with SGH: stay informed, stay active.
Recorded on 04 September 2025.
Follow us on LinkedIn: https://www.linkedin.com/company/sg-hiscock-company/
*The podcast does not constitute financial advice and assumes a certain level of knowledge. It is general information only and does not take into account the investment objectives, financial situation or needs of any person and should not be considered a recommendation. The views in this podcast are those of the contributors at the time of recording. Neither SGH nor any of its related parties provide any warranty of accuracy. Returns are not guaranteed. More information available here: https://sghiscock.com.au/podcast-disclosures-and-disclaimers/.