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          <time datetime="2020-12-17T06:30:16+11:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">December 17, 2020 06:30</time>
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              Stable and steady wins the race
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            <div id="wire-summary" class="paragraph-sm text-darkestgray break-word mt-2 sm:paragraph-xs lg:paragraph-lg">
  With equities haring away, it&#39;s easy to turn a blind eye to the stable and steady tortoise in your periphery.  But a defensive play, one with strong diversification to...
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          <time datetime="2020-12-17T06:30:15+11:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">December 17, 2020 06:30</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>Active management is key to fixed income <span class="whitespace-nowrap">alpha<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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  Smart active managers in high-grade credit can find and exploit bond mispricings to generate alpha (or capital gains) that is as big, if not bigger, than the yield...
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  We’ve put small-cap stocks under the microscope in recent days, after asking a handful of Australian fund managers how they find the best-performing, most resilient...
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          <time datetime="2020-12-16T17:02:30+11:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">December 16, 2020 17:02</time>
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              Expect US Fed to repeat the same failed policies and expect a different outcome
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  Local market started positive on global investor buying on currency trade and held up most of the day in low turnover before late selling pulled back the...
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          <time datetime="2020-12-16T13:29:02+11:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">December 16, 2020 13:29</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>Why NAB&#39;s new hybrid could jump on <span class="whitespace-nowrap">Friday<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">
  Friday will bring the last of the recent hybrid listings in the form of NAB&#39;s circa $2 billion plus* Capital Notes 5 security (ASX: NABPH). The big question is where...
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  <div>
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</a>    <div class="px-4 mt-0.5">
      <div class="flex items-center py-4 border-t border-light">
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  <div class="flex items-center gap-2">
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</div>

</a>  <div class="hidden" data-tooltip-target="content">
    <div class="w-80 rounded-md overflow-hidden shadow-horver-card border border-light">
  <div>
    <a data-controller="event" data-event-name-value="link_click" data-event-id-value="2426" data-event-statisticable-value="stock_code" data-event-custom-data-value="{&quot;section&quot;:&quot;stock_code_tooltip&quot;}" href="/fund/betashares-active-australian-hybrids-fund-managed-fund">
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          <div class="text-heavy-17 text-body truncate truncate-two-lines break-words group-hover:underline ">Betashares Australian Credit Income Active ETF</div>
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  </div>
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        <div class="pt-4 pb-4 lg:pb-2 hidden sm:block">
          <div class="flex gap-2">
    <div data-controller="tooltip">
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    <div
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</a>  <div class="hidden" data-tooltip-target="content">
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  <div>
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  </div>
</div>

    <div data-controller="tooltip">
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  <div>
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    <div data-controller="tooltip">
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  <div>
    <a data-controller="event" data-event-name-value="link_click" data-event-id-value="2426" data-event-statisticable-value="stock_code" data-event-custom-data-value="{&quot;section&quot;:&quot;stock_code_tooltip&quot;}" href="/fund/betashares-active-australian-hybrids-fund-managed-fund">
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</div>

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      <div class="border-6 border-tooltipDownArrowLight"></div>
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  </div>
</div>

    <div data-controller="tooltip">
  <a aria-label="NAB" data-controller="event" data-event-name-value="link_click" data-event-id-value="46600" data-event-statisticable-value="wire" data-event-custom-data-value="{&quot;section&quot;:&quot;stock_code_tags&quot;}" href="/stock_codes/asx-nab">
    <div
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  <div class="flex items-center gap-2">
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</div>

</a>  <div class="hidden" data-tooltip-target="content">
    <div class="w-80 rounded-md overflow-hidden shadow-horver-card border border-light">
  <div>
    <a data-controller="event" data-event-name-value="link_click" data-event-id-value="1367" data-event-statisticable-value="stock_code" data-event-custom-data-value="{&quot;section&quot;:&quot;stock_code_tooltip&quot;}" href="/stock_codes/asx-nab">
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</a>    <div class="px-4 mt-0.5">
      <div class="flex items-center py-4 border-t border-light">
        <div class="flex-grow text-darkestgray text-bold-sm" id="followed-count-stock_code-1367">
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</div>

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  </div>
</div>

    <div data-controller="tooltip">
  <a aria-label="WBC" data-controller="event" data-event-name-value="link_click" data-event-id-value="46600" data-event-statisticable-value="wire" data-event-custom-data-value="{&quot;section&quot;:&quot;stock_code_tags&quot;}" href="/stock_codes/asx-wbc">
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  <div class="flex items-center gap-2">
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</div>

</a>  <div class="hidden" data-tooltip-target="content">
    <div class="w-80 rounded-md overflow-hidden shadow-horver-card border border-light">
  <div>
    <a data-controller="event" data-event-name-value="link_click" data-event-id-value="2168" data-event-statisticable-value="stock_code" data-event-custom-data-value="{&quot;section&quot;:&quot;stock_code_tooltip&quot;}" href="/stock_codes/asx-wbc">
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          <div class="text-heavy-17 text-body truncate truncate-two-lines break-words group-hover:underline ">Westpac Banking Corporation</div>
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        Coolabah Capital
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        <time datetime="2020-12-16T13:29:02+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">December 16, 2020 13:29</time>
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</div>


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          <time datetime="2020-12-16T11:11:20+11:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">December 16, 2020 11:11</time>
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            <h2 class="mt-2 headline-md lg:headline-xl lg:group-hover:underline sm:max-w-full max-w-[60%] ">
              Banks are putting the squeeze on fossil fuels
            </h2>
            <div id="wire-summary" class="paragraph-sm text-darkestgray break-word mt-2 sm:paragraph-xs lg:paragraph-lg">
  With mounting pressure on banks to reduce their exposure to funding fossil fuel companies, the four majors have introduced a number of ambitious measures to meet their...
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          <time datetime="2020-12-16T10:29:13+11:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">December 16, 2020 10:29</time>
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              Competition is for losers – except at extremes like now
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  In 2014, Peter Thiel, the founder of PayPal and Palantir, gave a lecture at Stanford University called “Competition is for Losers”. Thiel argued there was only two...
</div>

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          <time datetime="2020-12-16T09:47:26+11:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">December 16, 2020 09:47</time>
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              Covid-19 Vaccines Receive Emergency Authorisation &amp; Vaccinations Commence
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            <div id="wire-summary" class="paragraph-sm text-darkestgray break-word mt-2 sm:paragraph-xs lg:paragraph-lg">
  A look at the performance of the pharmaceutical and biotech sector over the month of November as well as an update on the Covid-19 vaccine front runners. Sector...
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        Independent Investment Research 
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        <time datetime="2020-12-16T09:47:26+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">December 16, 2020 09:47</time>
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          <time datetime="2020-12-16T09:45:46+11:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">December 16, 2020 09:45</time>
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              Learning from the market
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            <div id="wire-summary" class="paragraph-sm text-darkestgray break-word mt-2 sm:paragraph-xs lg:paragraph-lg">
  Friedrich Nietzsche told us, ‘The future influences the present just as much as the past.’ Events that haven’t happened yet have a great influence upon the world we...
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        Fidelity International
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          <time datetime="2020-12-16T08:18:39+11:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">December 16, 2020 08:18</time>
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  Amadeus IT Group S.A (MCE:AMS) provides the leading Global Distribution System responsible for processing airline bookings. It is one of three providers in the world...
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        Perpetual Asset Management (Australia)
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          <div class="sm:flex-grow">
            <h2 class="mt-2 headline-md lg:headline-xl lg:group-hover:underline sm:max-w-full max-w-[60%] ">
              Having income options
            </h2>
            <div id="wire-summary" class="paragraph-sm text-darkestgray break-word mt-2 sm:paragraph-xs lg:paragraph-lg">
  The process of buying and selling equities for most investors is a simple one – you either buy at the market price immediately or set a price that you’re happy with...
</div>

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        Talaria Asset Management
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              Why is the market so high?
            </h2>
            <div id="wire-summary" class="paragraph-sm text-darkestgray break-word mt-2 sm:paragraph-xs lg:paragraph-lg">
  Why is the market so high? Why has “value” underperformed? It’s not a simple answer, but it’s not all that complex either. I’ve broken it down to:  Risk and Return...
</div>

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        Monash Investors
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        Livewire Markets
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          <time datetime="2020-12-15T13:33:18+11:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">December 15, 2020 13:33</time>
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          <div class="sm:flex-grow">
            <h2 class="mt-2 headline-md lg:headline-xl lg:group-hover:underline sm:max-w-full max-w-[60%] ">
              The critical question to ask in 2021
            </h2>
            <div id="wire-summary" class="paragraph-sm text-darkestgray break-word mt-2 sm:paragraph-xs lg:paragraph-lg">
  We believe the one thing investors cannot ignore in 2021 is whether the businesses they are invested in have pricing power.  Many people are forecasting an increase in...
</div>

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</a>      </div>
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      <div>
        Aitken Investment Management
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          <time datetime="2020-12-15T12:38:27+11:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">December 15, 2020 12:38</time>
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              Commonwealth budget tracking better than the government’s forecast profile
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  Authored by Kieran Davies, Coolabah Capital Investments.  In this new report, we review our real-time tracking of the Commonwealth budget. Treasurer Frydenberg is...
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              Desknote: Veris Limited rebuild is gathering pace
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  Following recent management meetings, we think Veris could be a standout microcap (VRS.ASX $0.075 Mkt Cap $30.4m). Looking forward, VRS could be approaching turnover...
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        Alpine Capital
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          <time datetime="2020-12-15T10:28:21+11:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">December 15, 2020 10:28</time>
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  To say it’s been a tumultuous year is to put it mildly. It’s been a year of bushfires and floods, of crushing self-isolation and illuminating self-reflection, of a...
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          <time datetime="2020-12-15T09:28:54+11:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">December 15, 2020 09:28</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>Why the office is not <span class="whitespace-nowrap">dead<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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  When office spaces shut down globally in March, investors were quick to sell off office leasing spaces. But nine months down the track, the city is becoming slightly...
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              Has there ever been a better time to buy unloved value stocks?
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            <div id="wire-summary" class="paragraph-sm text-darkestgray break-word mt-2 sm:paragraph-xs lg:paragraph-lg">
  Which of the two Australian stock markets will you be invested in over 2021? The expensive one, trading on record multiples and very high expectations? Or the normally...
</div>

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        Lazard Asset Management
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