Weekend edition: Steady Hand, Shifting Sands

Weekend edition: Steady Hand, Shifting Sands

From NAB Morning Call by Phil Dobbie

April 24, 2026 · 30 min · Season 10 · Episode 87

About this episode

Kylie Willment discusses the soundness of their investment strategy amidst global volatility and the adjustments needed for economic resilience.

Friday 22nd April 2026 Please note this communication is not a research report and has not been prepared by NAB Research analysts. Read the full disclaimer here . In this weekend edition of the NAB Morning Call, Kylie Willment, Chief Investment Officer at Mercer, joins Phil Dobbie to explain why their core investment strategy remains sound even as the global landscape becomes increasingly volatile. While Willment emphasizes that their fundamental long-term approach is right, she discusses the necessary "adjustments at the margin" being made to navigate current geopolitical firestorms and the shift toward "just-in-case" economic resilience. The discussion highlights that private and overseas investments remain valid and essential components of a modern portfolio, provided they are backed by rigorous asset-level research and robust protections against persistent inflation risk. From the "massive tailwind" from the energy transition to the relative insulation of the U.S. economy, Willment provides a deep dive into how super funds are evolving to protect member returns in a "messier" era for central banks and global trade. Hosted on Acast. See acast.com/privacy for more information.

People in this episode

Host: Phil Dobbie

Guest: Kylie Willment

Topics covered

  • investment strategy
  • geopolitical risks
  • economic resilience
  • portfolio management
  • energy transition
  • central banks
  • global trade

Keywords

  • investment strategy
  • geopolitical risks
  • economic resilience
  • portfolio management
  • inflation risk
  • energy transition
  • super funds

Mentioned in this episode

Organizations: Mercer

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