Contrarian Investing: Finding Value Where Others Don’t
20 Oct 2025
About
In this episode of the Investment Matters podcast, Darren chats with Daryl Wilson, founder of Affluence Funds Management. Daryl shares plenty of insights on Affluence’s contrarian, value-driven approach, deep manager due diligence, and strategic diversification across asset classes. In a wide-ranging conversation, they also discuss risk and return, navigating market downturns, LIC discounts, and potential in the small cap universe.
Why Investors Should Watch
This podcast offers practical wisdom on protecting capital, generating income, and identifying undervalued opportunities. If you're seeking insights from a true professional, this is a must-watch/listen.
Meet the speakers
Darren Connolly
CEO at InvestmentMarkets
Darren has substantive executive marketing experience driving strategy, planning, and successful customer outcomes across local and international investment markets. He has operated across wealth, investment, funds management, banking, broking, and payments segments.
Daryl Wilson
Director/CEO/Portfolio Manager at Affluence Funds Management
Daryl founded Affluence in 2015 and is co-manager of all investment portfolios. Daryl has experience across all aspects of funds management including investment, operations and capital raising and is responsible for investment and funds management activities at Affluence.
Related Investments
The ASF aims to provide Eligible Investors with access to a portfolio of ASX listed equity securities outside the S&P/ASX 100 Index. The portfolio may also have some exposure to ASX listed securities and global companies. (Wholesale Investors Only)
Wholesale Investor
Objective
Growth and Income
Availability
Open for investment
Funding Stage
Unlisted Mature Fund
Through the ALF we seek to take advantage of opportunities available in the LIC sector, with a focus on LICs trading at attractive discounts to NTA. Through LICs, the Fund provides access to a broad range of investment styles, strategies and geographies.
Retail Investor
Objective
Growth and Income
Availability
Open for investment
Funding Stage
Unlisted Mature Fund
A highly diversified portfolio of fixed income assets that aims to provide investors with a minimum distribution equal to the RBA Cash Rate plus 3% per annum paid monthly over rolling 3 year periods after payment of distributions.
Retail Investor
Availability
Open for investment
Funding Stage
Unlisted Mature Fund
AIF aims to deliver above average results but in a very different way to a traditional investment fund. We seek to invest with 20-35 underlying managers across all asset classes, in a way in which we believe balances maximum returns with low volatility.
Retail Investor
Objective
Growth and Income
Category
Multi-Asset Portfolios
Availability
Open for investment
Funding Stage
Unlisted Mature Fund
Disclaimer
These podcasts are for informational and promotional purposes only. Any comments made or information provided does not consider the appropriateness for you having regard to your particular objectives, personal/financial situation and needs. Before investing you should consider independent professional financial advice. No comments made or information provided constitutes advice, an invitation, or an offer to buy any security or other financial product or engage in any investment activity. All securities and financial products involve risks. Past performance of any product is not a reliable indication of future performance. Read carefully the governing documents of a product’s offering such as its PDS or information memorandum. InvestmentMarkets does not vet, endorse or recommend any product that is the subject of these podcasts and is only facilitating the exposure of the product. These podcasts were made at a particular date in time and therefore relevant facts, the economic environment, governing documentation and the law upon which they were based may change after that date such that the accuracy and reliability of their content may be affected.
