Morgan Stanley
  • Wealth Management
  • July 3, 2026

Global Leading Ideas Equity Model Portfolio – Three Year Anniversary

The firm’s in-house global equities portfolio delivering benchmark-beating 1 outcomes for wealth clients.

1 Past performance is not an indicator of future performance.


Turning global thematic and stock ideas into strong three year performance

Morgan Stanley Wealth Management Australia launched the Global Leading Ideas Equity Model Portfolio in May 2023 to turn high-conviction equity research, quantitative insights and disciplined portfolio construction into consistent performance relative to global equity markets.

Three years later, the portfolio reached an important milestone, with a meaningful track record for assessing the strategy’s effectiveness, process discipline and ability to perform across different market conditions.


Strong performance over the past three years

Since inception to the end of May 2026, the portfolio has delivered compelling results:

  • 20.98% annualised return over the past three years.
  • 3 year annualised outperformance of 3.19% p.a. versus the MSCI World ex Australia NR AUD Index (the benchmark).
  • 7.04% outperformance versus the benchmark 1 over the past 12 months.

Importantly, performance has been consistently ahead of the benchmark across key timeframes, including 3 months, 12 months and 3 years. This sustained outperformance reinforces the strength of the portfolio’s investment framework. These performance figures are based on the model portfolio and do not reflect the impact of fees and costs (including model manager fees and transaction costs). Actual investor returns may vary due to the timing of portfolio implementation, fees and other account-specific factors.


A milestone: performance through a full investment cycle

Reaching the three-year mark is a significant milestone, showing the strategy can perform across different phases of the market cycle rather than relying on a single environment.

Over this period, the portfolio has:

  • Maintained alignment with key global thematic views.
  • Delivered returns ahead of the benchmark.
  • Preserved a strong risk framework with controlled volatility.

This balance of performance and risk discipline is a core pillar of the portfolio’s strategy.


Stock selection driving outcomes

Over the past three years, performance has been driven by strong stock selection across a range of sectors, including technology, semiconductors, financial services, industrials and defence, reflecting the portfolio’s alignment to key global growth themes.

These outcomes reflect the portfolio’s ability to identify high-conviction opportunities at the intersection of:

  • Strong fundamental outlooks
  • Compelling valuations
  • Structural growth themes.


Positioned for long-term opportunity

The portfolio remains aligned with major global investment themes while maintaining broad diversification across sectors and regions.

This approach supports:

  • Ongoing participation in structural growth trends
  • Reduced reliance on concentrated market exposures
  • Consistent delivery of risk-adjusted returns.

 

Looking ahead

While past performance is not a guarantee of future results, the portfolio’s three-year track record highlights the strength of a process built on:

  • Global research insights
  • High-conviction idea generation
  • Disciplined portfolio construction

As global markets evolve, the strategy remains focused on identifying the next generation of leading investment ideas and positioning portfolios for long-term growth.

IMPORTANT INFORMATION

This communication is made by Morgan Stanley Wealth Management Australia Pty Ltd (“Morgan Stanley Wealth Management”) (ABN 19 009 145 555, AFSL 240813), a Participant of ASX Group. The information provided herein is not a product of the Morgan Stanley Wealth Management Research Division. This communication is not a research report but may refer to research produced by Morgan Stanley Wealth Management and/or its affiliates (the “Firm”) or include the views of a Morgan Stanley Wealth Management research analyst. We are not commenting on the fundamentals of any companies mentioned. Unless indicated, all views expressed herein are the views of the author and may differ from or conflict with those of the Morgan Stanley Wealth Management Research Division or others in the Firm.

This communication is not intended as an offer or solicitation in relation to any particular Financial Product.

This communication does not include advice – general or personal. To the extent that the reader interprets this communication as including advice, it is general advice. General advice doesn’t take your individual needs or situation into account. Therefore, you should consider your financial position, objectives and requirements before making financial decisions.

This communication provides market commentary and strategy ideas to clients of Morgan Stanley Wealth Management and its affiliates (the “Firm”). Such commentary and ideas are based upon generally available information. Although the information has been obtained from sources believed to be reliable, we do not guarantee its accuracy, and such information may be incomplete or condensed. All opinions and estimates included in this document constitute our judgement as of this date and are subject to change without notice. Any prices used herein are historic unless expressly indicated otherwise and may not be available when any order is entered. Any price indications are not firm bids or offers, either as to price or size, and will not form the basis of or be relied on in connection with any contract or commitment whatsoever. This document and its contents are proprietary information and products of Morgan Stanley Wealth Management and may not be reproduced or otherwise disseminated in whole or in part without our written consent unless required by law.

© 2026 Morgan Stanley Wealth Management Australia Pty Ltd.

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