Shaw and Partners

Shaw and Partners is one of Australia’s preeminent investment and wealth management firms.

With a national presence and $16 billion of assets under advice, Shaw and Partners offers the intimacy of a boutique investment firm with the resources and scale of a major financial group.

We are privately owned and client focused, having helped our clients manage and grow their financial assets for over 30 years. Our emphasis on integrity has enabled us to achieve very high levels of client satisfaction, while unlocking opportunities of significant value.

Backed by fresh thinking, robust research and some of the nation’s best investment and wealth experts, our business has been designed to meet the growing needs of our clients. Shaw and Partners offers access to an extensive team of private client advisers, institutional sales and trading specialists, market leading research analysts and strategic corporate financiers.

By working closely with clients and targeting their needs, we have forged strong long-term relationships. So, whether you are an ordinary investor, high net worth individual, charity, institution or corporate, our goal is simple: to listen to you, then act according to your needs alone.
Profile Video
Funds Under Management $16b
Staff / Employees 280
our team
  • Martin Crabb View Profile
    Chief Investment Officer
  • Steve Anagnos View Profile
    Co-Head, Income Strategies
  • Cameron Duncan View Profile
    Co-Head, Income Strategies
Investment Models
Investment Objective
The model invests in a portfolio of ASX listed hybrid securities, debt-based ETFs and debt specialist managed funds. This portfolio offers potential diversification benefits to both Australian equities and cash or term deposits. The model’s return will be generated from a combination of interest payments, hybrid dividends (cash and franking credits) and capital growth (realised and unrealised), providing investors with a predictable level of income whilst minimising risk to capital.
Typical Investor
Investors that seek a sustainable income stream (inclusive of franking credits) over a 3 year + time frame, with a lower risk of loss than equities, and a higher rate of return than cash like investments.
Investment Strategy and Approach
We aim to achieve the investment objectives via a qualitative and quantitative investment process. Key criteria and areas of focus are: Credit quality of the issuer, sector/industry, call date, conversion dates and final maturity details, structure of instrument and timing and composition of cash flows. The portfolio will be diversified across the above criteria. The portfolio will be monitored against the manager’s expectations of equity returns, credit market implied volatilities and underlying interest rates in order to ensure it is invested across a range of market cycles to meet its return objective, while adhering to the risk tolerances set.
Minimum Investment Amount
$25,000

Model Composition

Allocation as at February 2019

    Fees & Charges
    Enter an investment amount then scroll down to see an indicative example of the portfolio you would own, as well as the associated fee.
    Shaw and Partners Defensive Income
    This example is an out-of-date breakdown of this model and should not be taken to represent our current thinking or composition
    Cash 0.03% $3,000
    Code Security name Weighting % Amount
    CASH Cash 0.03% $30
    Cash 0.03% $3,000
    Australian Shares 3.57% $3,570
    Code Security name Weighting % Amount
    MXT MCP Master Income 3.57% $3,570
    Australian Shares 3.57% $3,570
    Australian Fixed Interest 96.40% $9,640,000
    Code Security name Weighting % Amount
    ANZPG CAP NOTE 3-BBSW+4.70% PERP NON-CUM RED T-03-24 5.92% $5,922
    SSB0122AU Legg Mason Western Asset Australian Bond A 3.84% $3,836
    PLUS VanEck Vectors Australian Corporate Bond Plus ETF 3.23% $3,234
    NABPD CAP NOTE 3-BBSW+4.95% PERP NON-CUM RED T-07-22 4.91% $4,915
    NABPC CAP NOTE 3-BBSW+3.50% PERP NON-CUM RED T-07-23 8.01% $8,013
    NABPB CNV PREF 3-BBSW+3.25% PERP NON-CUM RED T-12-22 5.16% $5,163
    NABPA CNV PREF 3-BBSW+3.20% PERP NON-CUM RED T-03-21 3.65% $3,652
    NABHA HYBRID 3-BBSW+1.25% PERP SUB EXCH NON-CUM STAP 5.84% $5,843
    MQGPC CAP NOTE 3-BBSW+4.00% PERP NON-CUM RED T-12-24 7.93% $7,934
    MBLPA CAP NOTE 6-BBSW+3.30% PERP NON-CUM RED T-03-23 3.67% $3,669
    IANG CONVERT BOND 3-BBSW+4.00% PERP SUB NON-CUM EX RES 4.66% $4,664
    IAF iShares Core Composite Bond ETF 2.19% $2,189
    FRT0027AU Franklin Aust. Rtrn Bond Fund 3.44% $3,440
    CHN0005AU CC JCB Active Bond 3.86% $3,864
    CBAPG CAP NOTE 3-BBSW+3.40% PERP NON-CUM RED T-04-25 3.88% $3,881
    CBAPE CAP NOTE 3-BBSW+5.20% PERP NON-CUM RED T-10-21 4.65% $4,648
    CBAPD CAP NOTE 3-BBSW+2.80% PERP NON-CUM RED T-12-24 7.55% $7,548
    WBCPF CAP NOTE 3-BBSW+4.00% PERP NON-CUM RED T-03-21 6.88% $6,884
    WBCPG CAP NOTE 3-BBSW+4.90% PERP NON-CUM RED T-12-21 7.13% $7,130
    Australian Fixed Interest 96.40% $9,640,000
    100.00%
    Total
    $100,029
    Fees & Charges
    Enter an investment amount to get an estimate on your fees.
    Management fee
    1.00% $0
    +
    Indirect cost
    0.10% $0
    =
    Total Per Annum
    1.10% $0

    You will pay $0.00 per month when you invest with us based on the initial investment amount entered, and the investment manager and model portfolio chosen. All fees and charges are inclusive of GST.

    If you would like to see our fees and charges in more detail, please visit our Fees section.

    Initial Transaction Cost

    The estimated transaction cost for the funds in this model portfolio is $0

    Ready to Invest?

    Our single, simple fee covers administration and operations by OpenInvest, the services of your chosen investment manager, and any indirect costs.

    Investment Objective
    The primary objective of this portfolio is to provide a regular and sustainable income stream over the medium term (3–5 years) whilst minimising risk to capital. It achieves this by investing in a diversified portfolio of asset classes and strategies.
    Typical Investor
    Investors that seek income as the primary objective, and some capital appreciation from a broad range of Australian and global asset classes and strategies and accept the risk of share price volatility.
    Investment Strategy and Approach
    The investment process combines quantitative and qualitative criteria and analysis to identify asset classes, markets and securities and strategies which have a focus toward producing sustainable income as opposed to capital growth. The portfolio construction is based on macro-economic and thematic views of Shaw’s Research in order to best meet the risk and return objectives of the investment strategy. The portfolio has effectively its own asset and risk allocation managed by the Shaw Portfolio Strategies Team. Asset classes and strategies may include cash, Australian debt securities, and Hybrid Securities and Australian equities including property securities, international equities funds and alternative strategies (ETFs and or managed funds).
    Minimum Investment Amount
    $25,000

    Model Composition

    Allocation as at February 2019

      Fees & Charges
      Enter an investment amount then scroll down to see an indicative example of the portfolio you would own, as well as the associated fee.
      Shaw and Partners Sustainable Income
      This example is an out-of-date breakdown of this model and should not be taken to represent our current thinking or composition
      Cash 0.01% $1,000
      Code Security name Weighting % Amount
      CASH Cash 0.01% $10
      Cash 0.01% $1,000
      Australian Shares 34.99% $34,987
      Code Security name Weighting % Amount
      AGL AGL Energy 1.60% $1,598
      WBC Westpac Banking 2.75% $2,753
      URW Unibail Rodamco Wfld 1.21% $1,206
      SYD Sydney Airport 1.54% $1,535
      SUN Suncorp Grp 1.79% $1,793
      SHL Sonic Healthcare 1.82% $1,817
      SGP Stockland 1.39% $1,394
      SCG Scentre Grp 1.70% $1,700
      RHC Ramsay Health Care 1.89% $1,887
      NAB National Aust Bank 2.62% $2,621
      MXT MCP Master Income 2.59% $2,593
      WES Wesfarmers 1.72% $1,720
      MFG Magellan Fin Grp 1.74% $1,742
      JBH JB Hi-Fi 1.83% $1,834
      MQG Macq Grp 1.99% $1,987
      WPL Woodside Pet 1.85% $1,849
      AWC Alumina 1.64% $1,640
      BHP BHP 1.94% $1,936
      BOQ Bank of Qld 1.38% $1,382
      Australian Shares 34.99% $34,987
      International Shares 15.33% $15,333
      Code Security name Weighting % Amount
      HGI0005AU Janus Henderson Global Equity Income 12.14% $12,141
      MAL0018AU Blackrock Global Allocation Aus 3.19% $3,191
      International Shares 15.33% $15,333
      Australian Fixed Interest 36.84% $3,684,000
      Code Security name Weighting % Amount
      WBCPG CAP NOTE 3-BBSW+4.90% PERP NON-CUM RED T-12-21 2.21% $2,213
      WBCPF CAP NOTE 3-BBSW+4.00% PERP NON-CUM RED T-03-21 2.14% $2,138
      ANZPG CAP NOTE 3-BBSW+4.70% PERP NON-CUM RED T-03-24 1.84% $1,840
      SSB0122AU Legg Mason Western Asset Australian Bond A 2.79% $2,785
      CBAPD CAP NOTE 3-BBSW+2.80% PERP NON-CUM RED T-12-24 2.35% $2,347
      CBAPE CAP NOTE 3-BBSW+5.20% PERP NON-CUM RED T-10-21 1.44% $1,444
      CBAPG CAP NOTE 3-BBSW+3.40% PERP NON-CUM RED T-04-25 1.20% $1,200
      PLUS VanEck Vectors Australian Corporate Bond Plus ETF 2.36% $2,359
      NABPD CAP NOTE 3-BBSW+4.95% PERP NON-CUM RED T-07-22 1.53% $1,529
      NABPC CAP NOTE 3-BBSW+3.50% PERP NON-CUM RED T-07-23 2.49% $2,494
      NABPB CNV PREF 3-BBSW+3.25% PERP NON-CUM RED T-12-22 1.60% $1,603
      NABPA CNV PREF 3-BBSW+3.20% PERP NON-CUM RED T-03-21 1.13% $1,134
      NABHA HYBRID 3-BBSW+1.25% PERP SUB EXCH NON-CUM STAP 1.82% $1,818
      CHN0005AU CC JCB Active Bond 2.81% $2,808
      FRT0027AU Franklin Aust. Rtrn Bond Fund 2.51% $2,508
      MQGPC CAP NOTE 3-BBSW+4.00% PERP NON-CUM RED T-12-24 2.46% $2,463
      MBLPA CAP NOTE 6-BBSW+3.30% PERP NON-CUM RED T-03-23 1.13% $1,135
      IAF iShares Core Composite Bond ETF 1.59% $1,585
      IANG CONVERT BOND 3-BBSW+4.00% PERP SUB NON-CUM EX RES 1.45% $1,449
      Australian Fixed Interest 36.84% $3,684,000
      Alternatives 12.83% $12,828
      Code Security name Weighting % Amount
      GMO0006AU Gmo Systematic Global Macro Trust 5.74% $5,741
      ASX6124AU Auscap Long Short Aus Equs 2.36% $2,359
      GOLD ETFS Physical Gold 2.40% $2,403
      MAQ0482AU Macquarie Winton Global Alpha 2.33% $2,326
      Alternatives 12.83% $12,828
      100.00%
      Total
      $100,009
      Fees & Charges
      Enter an investment amount to get an estimate on your fees.
      Management fee
      1.20% $0
      +
      Indirect cost
      0.35% $0
      =
      Total Per Annum
      1.55% $0

      You will pay $0.00 per month when you invest with us based on the initial investment amount entered, and the investment manager and model portfolio chosen. All fees and charges are inclusive of GST.

      If you would like to see our fees and charges in more detail, please visit our Fees section.

      Initial Transaction Cost

      The estimated transaction cost for the funds in this model portfolio is $0

      Ready to Invest?

      Our single, simple fee covers administration and operations by OpenInvest, the services of your chosen investment manager, and any indirect costs.

      Investment Objective
      The primary objective of this portfolio is to provide capital growth and some income over the medium term (4–6 years) whilst minimising risk to capital. It achieves this by investing in a diversified portfolio of asset classes and strategies.
      Typical Investor
      Investors that seek a balance of income and capital growth as the primary objective from a broad range of Australian and global asset classes and strategies.
      Investment Strategy and Approach
      The investment process combines quantitative and qualitative criteria and analysis to identify asset classes, markets, securities and strategies which have a focus toward producing capital growth and some income. The portfolio construction is based on macro-economic and thematic views of Shaw’s Research in order to best meet the risk and return objectives of the investment strategy. Asset classes and strategies may include cash, Australian debt securities, Hybrid Securities and Australian equities including property securities, international equities funds and alternative strategies (accessed via ASX listed ETFs and or managed funds).
      Minimum Investment Amount
      $25,000

      Model Composition

      Allocation as at February 2019

        Fees & Charges
        Enter an investment amount then scroll down to see an indicative example of the portfolio you would own, as well as the associated fee.
        Shaw and Partners Robust Growth
        This example is an out-of-date breakdown of this model and should not be taken to represent our current thinking or composition
        Cash 0.01% $1,000
        Code Security name Weighting % Amount
        CASH Cash 0.01% $10
        Cash 0.01% $1,000
        Australian Shares 41.94% $4,194,000
        Code Security name Weighting % Amount
        WPL Woodside Pet 2.06% $2,062
        OPS0002AU OC Premium Small Companies 3.04% $3,040
        NAB National Aust Bank 2.18% $2,184
        MXT MCP Master Income 1.69% $1,689
        OSH Oil Search 1.26% $1,258
        MQG Macq Grp 2.05% $2,046
        MGR Mirvac Grp 1.11% $1,111
        WES Wesfarmers 1.00% $1,002
        OZL OZ Min 1.08% $1,081
        LLC Lendlease Grp 1.11% $1,113
        RIO Rio Tinto 1.57% $1,571
        SCG Scentre Grp 0.97% $968
        SGP Stockland 1.00% $1,004
        FLT Flight Centre Travel 0.92% $924
        FMG Fortescue Metals Grp 1.36% $1,358
        SUN Suncorp Grp 1.44% $1,439
        EVN Evolution Min 1.58% $1,581
        CTX Caltex Aust 1.23% $1,231
        BHP BHP 3.53% $3,530
        CSA0131AU Aberdeen Standard Australian Small Companies 2.32% $2,316
        FID0026AU Fidelity Future Leaders 2.27% $2,272
        VCX Vicinity Centres 0.93% $934
        WBC Westpac Banking 2.50% $2,501
        BOQ Bank of Qld 0.85% $847
        CBA Commonwealth Bank of Aust 2.91% $2,905
        Australian Shares 41.94% $4,194,000
        International Shares 19.15% $19,152
        Code Security name Weighting % Amount
        ETL0071AU T. Rowe Price Global Equity Fund 15.34% $15,344
        MAL0018AU Blackrock Global Allocation Aus 3.81% $3,808
        International Shares 19.15% $19,152
        Australian Fixed Interest 23.66% $23,652
        Code Security name Weighting % Amount
        WBCPG CAP NOTE 3-BBSW+4.90% PERP NON-CUM RED T-12-21 1.32% $1,321
        NABPD CAP NOTE 3-BBSW+4.95% PERP NON-CUM RED T-07-22 0.96% $956
        PLUS VanEck Vectors Australian Corporate Bond Plus ETF 1.54% $1,541
        SSB0122AU Legg Mason Western Asset Australian Bond A 1.82% $1,822
        WBCPF CAP NOTE 3-BBSW+4.00% PERP NON-CUM RED T-03-21 1.27% $1,270
        NABPC CAP NOTE 3-BBSW+3.50% PERP NON-CUM RED T-07-23 1.48% $1,476
        MBLPA CAP NOTE 6-BBSW+3.30% PERP NON-CUM RED T-03-23 0.96% $956
        NABPA CNV PREF 3-BBSW+3.20% PERP NON-CUM RED T-03-21 0.96% $959
        NABHA HYBRID 3-BBSW+1.25% PERP SUB EXCH NON-CUM STAP 1.08% $1,079
        MQGPC CAP NOTE 3-BBSW+4.00% PERP NON-CUM RED T-12-24 1.46% $1,464
        IANG CONVERT BOND 3-BBSW+4.00% PERP SUB NON-CUM EX RES 0.96% $961
        IAF iShares Core Composite Bond ETF 1.03% $1,034
        FRT0027AU Franklin Aust. Rtrn Bond Fund 1.64% $1,636
        CHN0005AU CC JCB Active Bond 1.83% $1,830
        CBAPG CAP NOTE 3-BBSW+3.40% PERP NON-CUM RED T-04-25 0.95% $951
        CBAPE CAP NOTE 3-BBSW+5.20% PERP NON-CUM RED T-10-21 0.96% $958
        CBAPD CAP NOTE 3-BBSW+2.80% PERP NON-CUM RED T-12-24 1.39% $1,389
        NABPB CNV PREF 3-BBSW+3.25% PERP NON-CUM RED T-12-22 0.96% $955
        ANZPG CAP NOTE 3-BBSW+4.70% PERP NON-CUM RED T-03-24 1.09% $1,093
        Australian Fixed Interest 23.66% $23,652
        Alternatives 15.24% $15,229
        Code Security name Weighting % Amount
        MAQ0482AU Macquarie Winton Global Alpha 3.06% $3,055
        GOLD ETFS Physical Gold 3.16% $3,160
        GMO0006AU Gmo Systematic Global Macro Trust 5.93% $5,928
        ASX6124AU Auscap Long Short Aus Equs 3.09% $3,085
        Alternatives 15.24% $15,229
        100.00%
        Total
        $100,010
        Fees & Charges
        Enter an investment amount to get an estimate on your fees.
        Management fee
        1.20% $0
        +
        Indirect cost
        0.51% $0
        =
        Total Per Annum
        1.71% $0

        You will pay $0.00 per month when you invest with us based on the initial investment amount entered, and the investment manager and model portfolio chosen. All fees and charges are inclusive of GST.

        If you would like to see our fees and charges in more detail, please visit our Fees section.

        Initial Transaction Cost

        The estimated transaction cost for the funds in this model portfolio is $0

        Ready to Invest?

        Our single, simple fee covers administration and operations by OpenInvest, the services of your chosen investment manager, and any indirect costs.

        Investment Objective
        The primary objective is to provide capital growth over the longer term (5–7 years). It achieves this by investing in a diversified portfolio of asset classes and strategies.
        Typical Investor
        Investors that seek capital growth as the primary objective, and some income from a broad range of Australian and global asset classes and strategies. and are prepared to accept a higher level risk of volatility in their investment return.
        Investment Strategy and Approach
        The investment process combines quantitative and qualitative criteria and analysis to identify asset classes, markets, securities and strategies which have a focus toward producing capital growth. The portfolio construction is based on macro-economic and thematic views of Shaw's Research in order to best meet the risk and return objectives of the investment strategy. Asset classes and strategies may include cash, Australian equities including property securities, international equities funds and alternative strategies (accessed via ASX listed ETFs and or managed funds).
        Minimum Investment Amount
        $25,000

        Model Composition

        Allocation as at February 2019

          Fees & Charges
          Enter an investment amount then scroll down to see an indicative example of the portfolio you would own, as well as the associated fee.
          Shaw and Partners Maximum Growth
          This example is an out-of-date breakdown of this model and should not be taken to represent our current thinking or composition
          Cash 0.01% $1,000
          Code Security name Weighting % Amount
          CASH Cash 0.01% $10
          Cash 0.01% $1,000
          Australian Shares 61.55% $6,155,000
          Code Security name Weighting % Amount
          ALL Aristocrat Leisure 2.47% $2,465
          SEK Seek 2.10% $2,097
          RMD ResMed Inc 2.21% $2,211
          OZL OZ Min 2.23% $2,227
          OSH Oil Search 2.19% $2,194
          OPS0002AU OC Premium Small Companies 6.83% $6,831
          MQG Macq Grp 2.37% $2,369
          MFG Magellan Fin Grp 2.47% $2,471
          LNK Link Admin Hldg 1.85% $1,849
          LLC Lendlease Grp 2.29% $2,290
          JHX James Hardie Ind 1.94% $1,937
          JHG Janus Henderson 2.19% $2,188
          SYD Sydney Airport 2.23% $2,227
          TWE Treasury Wine 1.97% $1,971
          GMG Goodman Grp 2.40% $2,401
          FMG Fortescue Metals Grp 3.26% $3,263
          FID0026AU Fidelity Future Leaders 5.09% $5,091
          CWN Crown Resorts 2.00% $1,996
          CSL CSL 2.10% $2,097
          CSA0131AU Aberdeen Standard Australian Small Companies 5.20% $5,200
          COH Cochlear 2.04% $2,036
          CAR Carsales.com 1.80% $1,805
          BHP BHP 2.34% $2,344
          Australian Shares 61.55% $6,155,000
          International Shares 21.91% $21,908
          Code Security name Weighting % Amount
          ETL0071AU T. Rowe Price Global Equity Fund 17.79% $17,793
          MAL0018AU Blackrock Global Allocation Aus 4.12% $4,116
          International Shares 21.91% $21,908
          Alternatives 16.53% $16,531
          Code Security name Weighting % Amount
          MAQ0482AU Macquarie Winton Global Alpha 3.00% $3,004
          ASX6124AU Auscap Long Short Aus Equs 3.03% $3,034
          GMO0006AU Gmo Systematic Global Macro Trust 7.40% $7,398
          GOLD ETFS Physical Gold 3.10% $3,096
          Alternatives 16.53% $16,531
          100.00%
          Total
          $100,010
          Fees & Charges
          Enter an investment amount to get an estimate on your fees.
          Management fee
          1.20% $0
          +
          Indirect cost
          0.62% $0
          =
          Total Per Annum
          1.82% $0

          You will pay $0.00 per month when you invest with us based on the initial investment amount entered, and the investment manager and model portfolio chosen. All fees and charges are inclusive of GST.

          If you would like to see our fees and charges in more detail, please visit our Fees section.

          Initial Transaction Cost

          The estimated transaction cost for the funds in this model portfolio is $0

          Ready to Invest?

          Our single, simple fee covers administration and operations by OpenInvest, the services of your chosen investment manager, and any indirect costs.