Press & News

WaveStone's Catherine Allfrey on the day the GFC arrived in Australia
Ten years on from the Global Financial Crisis, Catherine Allfrey reflects on WaveStone's experience at the time and how markets compare today.
View Article
ASX's troubled large caps must consider shrinking their empires
Underperforming large cap stocks need to be willing to consider shrinking their empires if they have run out of growth and ideas, top fund managers have urged.
View Article
Big banks back on top stock pickers' radars
The AFR's Jonathan Shapiro recaps key issues discussed by the Australian equities panel - featuring WaveStone's Catherine Allfrey - at this year's Livewire Live event.
View Article
Top fund managers advocate for more women in industry
WaveStone's Catherine Allfrey joins Australia's leading female fund managers to discuss the gender imbalance in the industry, and encourage young women to pursue careers in investment management.
View Article
Featured Profile: Enter the Hall of Famer
From work experience at a stockbroking firm to the Australian Fund Manager Hall of Fame, Catherine Allfrey discusses the most influence factors shaping her career.
View Article
Radio interview: First female Australian Fund Manager inducted into the Hall of Fame
Ross Greenwood speaks to Catherine Allfrey from WaveStone Capital, who has become the first female to be inducted into the Australian Fund Manager’s Hall of Fame.
View Article
Catherine Allfrey inducted into Australian Fund Managers Hall of Fame
WaveStone's Principal and Portfolio Manager Catherine Allfrey was inducted into the Hall of Fame at the 2017 Australian Fund Manager Awards.
View Article
Catherine Allfrey named 2017 Investment Manager of the Year
Catherine Allfrey, Principal and Portfolio Manager at WaveStone Capital was named the inaugural winner of the Investment Manager of the Year award at the 2017 Women In Finance awards
View Article
The best and worst of reporting season
In this video with Livewire, Catherine Allfrey shares her thoughts on the August 2017 company reporting season.
View Article
Risk appetite starts and ends in the boardroom
At the AFR Business Summit, WaveStone principal Catherine Allfrey discussed what she looks for in a company's capital allocation.
View Article
WaveStone Capital named finalist in fund manager of the year awards
The WaveStone Capital team have been named finalists in the Money Management 2016 Fund Manager of the Year Awards in the Australian Equities (Broadcap category).
View Article
WaveStone policy: burn the shoe leather
The WaveStone Capital team outline what it takes to be a leading fund manager from asking the tough questions through to pounding the pavement, as well as their outlook for 2016.
Download PDF (216 KB)
WaveStone wins first institutional mandate
The long-only mandate marks a "significant endorsement" for the WaveStone Capital long-only investment strategy, said the boutique fund manager in a statement.
View Article
Press Release - WaveStone Capital announces Mercer as first institutional manager
Boutique Australian equities investment manager WaveStone Capital today announced it has won its first institutional mandate with global investment leader Mercer.
Download PDF (138 KB)
Capital is king for WaveStone Capital's Raaz Bhuyan
When the Reserve Bank of Australia bemoans the low appetite for business investment within the economy, few fund managers would understand the central bank's obsession with capital decisions better than Raaz Bhuyan.
View Article
WaveStone expands investment universe
Challenger-backed Australian equity manager WaveStone Capital has expanded its investment universe after a review of its WaveStone Wholesale Australian Share Fund.
View Article
Look at Medibank like a professional fundie
The sale of Medibank has put privatisations firmly back in focus but for retail investors and the first time investor it might be worthwhile to look at the company the way a professional fund manager does when trading begins on Tuesday. Wavestone Capital principal Raaz Bhuyan provides a professional's point of view on the float.
View Article
Raaz Bhuyan among familiar faces at WaveStone Capital
When equities specialist Raaz Bhuyan starts work today as a new principal and portfolio manager at WaveStone Capital, he will be reunited with the team that blazed all before them almost a decade ago as the key members of Colonial First State’s Australian equities team.
View Article
Press Release - Appointment of Raaz Bhuyan
WaveStone Capital is pleased to appoint experienced equities specialist Raaz Bhuyan as Principal and Portfolio Manager.
Download PDF (140 KB)
Catherine Allfrey named finalist in Women In Financial Services Awards 2014
WaveStone Principal Catherine Allfrey named finalist in the Women In Financial Services Awards 2014, and commended for her work both in investment management and in the wider community.
View Article
Where are all the women fund managers?
A 2009 survey by French fund association AFG found that equity funds managed by women had produced more consistent results than those managed by males over a one, three and five-year period.
View Article
Markets in a sweet spot for now
What is set to be the most important macro-economic theme driving the direction of the ASX in the months ahead?
View Article
WaveStone launches local long-only equity fund
WaveStone Capital has launched a new long-only Australian equity fund which is designed to capture increasing demand for quality and growth-styled portfolios.
View Article
Banks Urged to Maintain Capital Buffer as Stock Runs Hot
Regulators are warning banks to be cautious with dividend policies bearing in mind the continued need for higher capital levels and still uncertain economic conditions.
View Article
RBA Warns on SMSF Property Borrowing
Fresh warnings about property purchases by self-managed super funds have been shrugged off by investors in bank stocks which have defied suggestions of a housing bubble with rising share prices.
View Article
Mum's the Word, Stocks Will Surprise
There are equities that just keep on giving, thanks to an inefficiency in the market where share prices underreact to positive information.
View Article
Carlton clears the road for Transurban
"There is an appetite for secure earnings streams in volatile times," says Wavestone Capital principal Ian Harding, a Transurban shareholder. Note: Only subscribers to The Australian Premium Content will have access to this article.
View Article
Industry First, Company Second for Sharp Stock Picking
When it comes to stock picking, back to basics is best. WaveStone Capital director Catherine Allfrey is fascinated that many bank analysts didn’t thump the table last year urging investors to buy bank stocks before they rose up to 40 per cent.
View Article
New News Corp Starts Trading at $15 Per Share
WaveStone Capital co-founder Ian Harding said the combined News group was worth more today than yesterday, based on early trade.
View Article
Kerry Stokes trades David Leckie for an Oilman Don Voelte
THE David Leckie era is over after one of the nation's most gifted and controversial television executives was yesterday replaced by a petroleum executive with no media experience.
View Article
Ian Harding Takes the Short Road
Harding estimates a Cobb & Co coach has delivered an annual compound investment return of about 9 per cent in the past 150 years. Now he is hoping his boutique funds management business can do the same.
View Article
Expert Tips: Best Stocks for Year Ahead
Fund managers report back from the coal face on the coming financial year, assessing positive and negative risks, the outlook for M&A, dividends, our battered industrial stocks and the impact of political issues such as carbon tax and the minority government in Canberra.
View Article
Chances of Better Returns Looking Up
Four respected fund managers—Wavestone’s Ian Harding, Paul Taylor at Fidelity, BT’s Crispin Murray and Matt Williams from Perpetual—give Teresa Ooi their verdict on the past year, and some tips for the next.
View Article
Fund Managers See Hopeful Signs of a Better Year Ahead
The relative strength of the domestic economy wasn't enough to keep Australian shares in the black for 2010 but in 2011 reasonable valuation and growing optimism about the recovery in the US are helping underpin fund managers' optimism.
View Article
Bullish on Large-Cap Miners
Rio Tinto is one of Ian Harding's top stock picks. The director of Wavestone Capital tells CNBC's Oriel Morrison why he is bullish on Australia's large-cap miners.
View Video
Thodey Goes Undercover to Discover the Real Telstra
"He is honest, open and passionate in believing in Telstra," says Wavestone Capital fund manager Catherine Alfrey, who has been a long-term investor in Telstra at Wavestone and before that at Colonial First State.
View Article