Environmental, Social and Governance (ESG) investing has been in a structural growth phase for some years now. A report by the Responsible Investment Association Australasia (RIAA) notes that 81% of the largest super funds have now embedded a formal commitment to responsible investment, up from 70% in 2016. Additional research... Show More
Risks are elevated and investors are nervous, so we sat down with Hamish Douglass, CEO and CIO, to revisit his previous warning of a significant market correction. We get his thoughts on how he views the various scenarios playing out and what the likely impact could be on markets. You... Show More
Over the last year, we have noticed a market with two segments. In one segment, stocks that show or just promise growth have been disproportionately rewarded, while the other ‘boring’ segment has discounted stocks that have less exciting, declining or uncertain prospects. It should come as no surprise, then, that... Show More
Kevin Ghazi
It still looks expensive at current prices. Didn't Allan Gray pick up more shares days before the downgrade? (change in notice issued to the market the day before on the ASX)
After examining all of our analysts’ buy-rated stocks with a market capitalisation above $1.0 billion, we have identified ten of them which we particularly like over the next 12 months or so for private clients. Show More
We’re undergoing a period of rapid change. In a world where technology makes up 20% of the MSCI World Index, investors’ portfolios should reflect the future, not the past. This means looking beyond the ASX 200, where technology has a weighting close to zero. Show More
Thomas Nielsen
I remember Charlie saying his fund had a sizeable holding in Aristocrat on Sky Business late last year. Hopefully he held out on that! Stayed flat while everything charged higher last ye [...]
In this 12-part Cadence Investing Series, we discuss several aspects of the investment process and how it actually works in practice. Topics covered include market psychology and fundamental analysis, and aim to provide the reader with a first-hand view of how financial theory stacks up in real world situations. Show More
My colleague Tim Armour has shown how markets periodically experience corrections that are part of the investment environment. Recent volatility has been jarring but the global economy is largely supportive of corporate earnings and markets. History highlights the paramount importance of staying invested through volatile economic periods to provide long-term... Show More
James Marlay
some cracking charts in here...
“New coal is a bad idea for New South Wales – coal needs to run most of the time to be economic, but the market needs flexibility, not baseload” Mark Collette, Executive Energy, Energy Australia Show More
With reporting season fast approaching we highlight two companies whose results we will be watching closely: Afterpay Touch and Mineral Resources. We outline what we will be looking for in their reports to see if their incredible performance can continue. Show More
Following on from my post about seeing value in Telstra, now that the much-anticipated Telstra2022 strategy is in the market, we like the new direction, and sense that TLS’s share price plunge may be coming to an end. Show More
In “The Second Machine Age”, Eric Brynjolfsson and Andrew McAfee from MIT, chronologise how quickly technology is changing the world, and posit what the world might look like in the future. "Most fear that technology will replace most jobs. But the analogue and prediction I found most interesting was that... Show More
With a fully permitted three well drilling programme expected to commence in December this year, Calima is set to realise significant value from its 100% held liquids rich acreage in the Montney Formation of British Columbia. Calima has made considerable progress since our October 2017 initiation report, and we have... Show More
House prices are falling, auction clearance rates continue to drop and there is a such sharp lift in the number of properties for sale that, for the moment, no one is willing to buy at the given asking price. Show More
For the income-focussed equity investor, there are few things that strike fear into the heart more than a dividend cut. The capital losses alone can destroy years of income, and that’s before you even consider the reduced dividend stream. Telstra has fallen nearly 30% since announcing its dividend cut in... Show More
The key highlight across global markets last week was the fact that Wall Street simply shrugged in the face of an escalation of the trade wars. As noted last week, Wall Street rallied on the day America’s first instalment of tariffs on $US50 billion of Chinese imports came into effect,... Show More
Amazon is set to potentially become the first ‘trillion dollar company’. Catherine Wood, CEO and CIO at New York-based ARK Investment Management (ARK), discusses how Amazon got to this point, and which companies have the potential to be true leaders of today’s main ‘innovation platforms’. Show More
April nineteen sixty eight. Fifty years ago. It was perhaps the first mainstream introduction to fictional Artificial Intelligence (AI) when we met ‘HAL 9000’, the supercomputer controlling the spacecraft Discovery in Arthur C Clarke and Stanley Kubrick’s confounding sci-fi epic 2001: A Space Odyssey. HAL was an early exercise in... Show More
Once upon a time, the high yield bond market was for speculative companies and investors. Today, the market is where Virgin, Netflix and Hertz raise capital from institutional investors. In this short interview, Vivek Bommi from Neuberger Berman discusses how perception is still catching up with reality in this fast... Show More
While you may not follow movements in the bank bill swap rate (BBSW), right now they are worth paying attention to. You see, rates are on the rise. And that means the funding costs for our major banks are also going up. This could force them to raise mortgage rates... Show More
Jamieson Coote Bonds (JCB) is an active manager of high-grade bonds specialising in duration management and security selection. JCB's investment process involves deep macro and technical analysis, investment execution and risk management to defend and protect portfolios over time. Show More
