In this episode of The Rate of Change, Murdoch Gatti sits down with James Rodda, Lead Portfolio Manager at Antipodes Partners, to unpack the firm’s Global SMID strategy and how it is finding opportunities across small and mid-cap companies around the world.

The conversation moves from Antipodes’ pragmatic value approach into some of the more interesting bottlenecks emerging beneath the AI boom — memory, power, data-centre infrastructure, behind-the-meter power, and the enormous capital and time required to bring new energy supply online. James discusses opportunities across the US, Europe and Asia, including distributed gas-to-power, European banks, fintech, Indonesian property, senior living and flexible workspaces.

With the strategy returning 29% over the past 12 month ...