The biggest opportunities in markets in 2026

2025 threw up plenty of outsized opportunities for proactive investors paying close attention to what was happening in the market and 2026 is likely to do the same. We asked 9 of Australia's leading fund managers for the best investment opportunity they've identified as we head into a new year - from the sectors to watch to the companies poised for a comeback. Time codes 0:44 - Matthew Booker, Spheria Asset Management - Small caps 1:30 - James Abela, Fidelity International - Sector momentum 1:56 - Steve Johnson, Forager - Recovery in software stocks 2:20 - Ben Griffiths, Eley Griffiths - Materials and Resources 3:11 - Alan Pullen, Magellan - Quality comeback 3:46 - Armina Rosenberg, Minotaur - AI-dislocated companies 4:57 - Anna Milne, Wilson Asset Management - AU companies with US exposure 5:49 - Joel Fleming, Yarra Capital Management - Rotation into smaller stocks 6:18 - Tim Carleton, Auscap Asset Management - Active management