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          <time datetime="2018-11-08T11:24:43+11:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">November 08, 2018 11:24</time>
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              Lights out for the energy sector? 
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  In the electricity sector, new technologies and policies aimed at reducing carbon emissions introduce the risk that existing assets may be rendered redundant. This...
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        <time datetime="2018-11-08T11:24:43+11:00" data-controller="datetime" class="hidden sm:block sm:flex-none order-1 w-36 uppercase pre-header-sm lg:pre-header-md text-darkgray">November 08, 2018 11:24</time>
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          <time datetime="2018-11-08T11:16:46+11:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">November 08, 2018 11:16</time>
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              <span class="wire_title_component w-full block group-hover:underline"><span data-controller="logged-in-class" data-logged-in-class-logged-in-class-value="hidden"></span>Warren Buffett: Investing in volatile times <span class="whitespace-nowrap"><svg xmlns="http://www.w3.org/2000/svg" width="24" height="18" viewBox="0 0 24 18" fill="none" stroke="currentColor" id="embed_video" class="inline-block align-middle group-hover:underline w-6 h-4 lg:h-6 ml-2">
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  With the two largest economies in the world at loggerheads, many investors and commentators are trying to figure out the end game. Alex Duffy, Portfolio Manager at...
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          <div class="text-heavy-17 text-body truncate truncate-two-lines break-words group-hover:underline ">PM Capital Global Opportunities Fund Ltd</div>
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        PM Capital
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        <time datetime="2018-11-08T08:39:25+11:00" data-controller="datetime" class="hidden sm:block sm:flex-none order-1 w-36 uppercase pre-header-sm lg:pre-header-md text-darkgray">November 08, 2018 08:39</time>
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          <time datetime="2018-11-08T06:30:09+11:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">November 08, 2018 06:30</time>
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              Win $5,000 investment in Antipodes’ new active ETF (AGX1)
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</a>      </div>
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        Antipodes
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              (Credit) advantage Australia
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  Much has been written about the recent divergence of the Australian and US markets, with pro-cyclical fiscal policy (i.e. Trump’s tax cuts) the major driver behind...
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          <time datetime="2018-11-07T15:27:26+11:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">November 07, 2018 15:27</time>
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              Microcap Managers Continue to Outperform ETF’s
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  Q1FY19 was a challenging quarter for microcap managers but the majority of managers navigated the market well with the average manager posting a return of +2.6% for...
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          <time datetime="2018-11-07T10:35:04+11:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">November 07, 2018 10:35</time>
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              Power your diversification in one trade
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  This week Fidelity International launched its first Active ETF on the Australian Stock Exchange - the Fidelity Global Emerging Markets Fund (Managed Fund) ASX:FEMX....
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              Coles vs Woolworths: Comparing trolleys
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  In a matter of weeks, Wesfarmers’ demerger of Coles will be complete. Coles will be listed as a stand-alone business for the first time in 11 years. You may think that...
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        Vertium Asset Management
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          <time datetime="2018-11-07T08:53:39+11:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">November 07, 2018 08:53</time>
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          <time datetime="2018-11-07T06:45:07+11:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">November 07, 2018 06:45</time>
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              <span class="wire_title_component w-full block group-hover:underline"><span data-controller="logged-in-class" data-logged-in-class-logged-in-class-value="hidden"></span>A fallen angel ready for redemption <span class="whitespace-nowrap"><svg xmlns="http://www.w3.org/2000/svg" width="24" height="18" viewBox="0 0 24 18" fill="none" stroke="currentColor" id="embed_video" class="inline-block align-middle group-hover:underline w-6 h-4 lg:h-6 ml-2">
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            <div id="wire-summary" class="paragraph-sm text-darkestgray break-word mt-2 sm:paragraph-xs lg:paragraph-lg">
  Stocks exposed to true structural growth trends are trading three standard deviations more expensive than the market. Air travel is one such growth area. Engine...
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          <time datetime="2018-11-06T10:30:08+11:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">November 06, 2018 10:30</time>
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              Can Australia weather a housing downturn?
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            <div id="wire-summary" class="paragraph-sm text-darkestgray break-word mt-2 sm:paragraph-xs lg:paragraph-lg">
  October has proved to be a difficult month for risk assets. Global equities have fallen by over 9% led by the US (-9%) and Europe (-7%), with US technology...
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  The recent listing of QEM Limited is well timed to capitalise on the resurgence of interest in vanadium, with V2O5 prices rising 6-fold to ~US30/lb since the US$/5lb...
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        Independent Investment Research
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          <time datetime="2018-11-06T08:45:06+11:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">November 06, 2018 08:45</time>
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              Out of love with Lovisa?
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  For a while there Lovisa (LOV) was a bright spot in Australian retailing. A domestic success story conquering the world. But that was a few months ago. In October the...
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          <time datetime="2018-11-06T08:17:07+11:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">November 06, 2018 08:17</time>
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        Lazard Asset Management
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  Last year, we compared the global economy to a fit runner competing in a marathon. As we approach the end of 2018, the runner is still in good shape but facing an...
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              My thoughts on the current investment cycle
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  Every equities market cycle is unique, with different drivers and fluctuations, and different factors ultimately causing them to run out of steam.  This note...
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