Gyrostat Takes Retirement Portfolio Resilience To Hobart

Gyrostat Capital Management has taken its Retirement Portfolio Resilience framework to the advisers of PGW Financial Services in Hobart, as its two flagship fund classes receive an Approved rating from Zenith Investment Partners.

Gyrostat was a Platinum Partner of the PGW Financial Services National Conference 2026, held over two days in Hobart, Tasmania. Managing Director and Chief Investment Officer Craig Racine presented to PGW's advisers on the risks that retirement portfolios carry when they are built in the same way as accumulation portfolios.

Retirement Risk In An AI Year

The conference ran under the theme ImplementAI 2026: Turning Technology into Results. PGW, one of Australia's advice licensees, framed the programme around method as much as technology. It described Racine's session as a clear example of portfolio structure achieving what forecasting cannot.

Racine spoke on what Gyrostat regards as a structural weakness in retirement portfolio construction. The approach used to build portfolios during accumulation is often carried unchanged into retirement, even though the risks are fundamentally different. He set out the five SMILE risks that this leaves retirees exposed to: sequencing, market, inflation, longevity and emotional risk.

Gyrostat joined fellow Platinum Partners the Australian Foundation Investment Company, FundMonitors.com, HUB24, MST Financial and Paradino, with Pacific Equity Partners as Main Partner. Other educational partners included Macquarie Group, Wilson Asset Management, Centuria Capital Group and Russell Investments.

Zenith Approved Rating

Gyrostat's Class A and Class B units are now rated Approved by Zenith Investment Partners. Zenith reserves the Approved rating for products it considers above investment grade within their asset class.

For a boutique manager, a research house rating is a significant step. Many licensees require one before a fund can be added to their approved product lists, so the rating should widen Gyrostat's reach among advisers. Both classes are already available to wholesale investors through platforms including HUB24, Macquarie Wrap and Netwealth.

A Dedicated Allocation For Retirement

Gyrostat positions Retirement Portfolio Resilience as a distinct portfolio function, sitting alongside growth, defensive and retirement income allocations. It expresses that allocation in RPR Units, each equal to 5% of the total portfolio.

Gyrostat's corporate presentation of 30 September 2026 sets out the evidence. Across four Australian equity market falls of 7% or more since January 2022, one RPR Unit historically mitigated approximately 36% of the loss on the Australian equity allocation using Class A, and 39% using Class B. Over the five years to 30 September 2026, Class A returned 9.62% a year and Class B 10.35% a year, with ASX 200 betas of -0.09 and -0.22 respectively.

We recognised Gyrostat as Best Retirement Portfolio Resilience Manager Australia 2026 earlier this year, and Racine's monthly Retirement Portfolio Resilience Assessments continue to appear on GFM Review. The Hobart session and the Zenith rating show the framework moving from research into adviser practice.

Past performance is not a reliable indicator of future performance. The Gyrostat Risk Managed Equity Fund is available to wholesale investors only.