About this episode

Owen Rask and Billy Leung discuss strategies for building a growth-focused investment portfolio, emphasizing asset allocation and the importance of understanding market dynamics.

In this Australian Investors Podcast episode, Owen Rask sits down with Billy Leung from Global X for episode two of the portfolio construction series, this time focusing on the part of investing that attracts the most attention: growth. Billy explains why the first decision is not picking a hot ETF but understanding asset allocation, equity exposure and where growth actually comes from. He unpacks why Australian investors can end up too concentrated at home, why the local market behaves differently to global markets, and why sectors that reinvest for compounding can look very different from sectors built around distribution. The conversation also explores a common investor trap: chasing whatever has just gone up the most. Billy explains how to think about sustainability, valuation and whether a theme is pricing in too much future optimism. AI, semiconductors, cloud infrastructure and China tech all come up as case studies in how to separate structural growth from short-term excitement. They finish with a practical framework for building the growth sleeve of a portfolio: start broad, then narrow with intention. Billy shares three ETFs to research further, including global AI…

People in this episode

Host: Owen Rask

Guest: Billy Leung

Topics covered

• portfolio construction
• growth investing
• asset allocation
• thematic ETFs
• investor traps

Keywords

• portfolio construction
• growth investing
• asset allocation
• thematic ETFs
• investor traps
• AI
• China technology

Mentioned in this episode

Organizations: Global X

Products: ETFs, AI, semiconductors, cloud infrastructure, China technology

Places: Australia, China

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