active management

As long-term investors, we understandably care about the quality of our investments now. But it is the future direction of these companies where we can realise the...

When it comes to founders, it is often the most eccentric that find themselves in the headlines.  By consequence, many of us would be familiar with Elon Musk, Jeff...

As interest rates have fallen globally over the last decade in response to “kicking the can down the road” post GFC, valuations have mattered less and less. Discount...

Conditions could not be more supportive at the moment, but inflection points on the horizon will wind excesses out of Australian investment markets, as China eases its...

Throughout Livewire’s 100 Top-Rated Fund Series, the country’s best fund managers have shared their views on the highs and lows of the investment landscape. From...

As more and more investors consider environmental, social and governance (ESG) factors when making investment decisions, it follows that these factors have the...

Most articles we read are about hot stock tips to buy. Occasionally there are articles about “shorting” opportunities, albeit most are directed to sophisticated...

While understanding the fine print attached to any investment you buy is important, it matters in some asset classes more than others. When buying ASX listed shares,...

While there has been a recent resurgence in some cyclical sectors like mining and energy on the back of the ‘reflation thematic’, we believe the longer-term outlook...

Income investors have never had it so tough. Not only are the yields on everything from term deposits to bank stocks plumbing new lows, but volatility is rising making...

Before we get into the year award's for microcap fund of the year, I wanted to talk through the microcap fund manager review for Q42020. After a sustained period of...

We have chosen the 5-year anniversary of the Flinders Emerging Companies Fund to review the performance of active managers in the Australian Small Cap sector. It is...

FY2020 will for the time being at least go down as most volatile year ever for the S&P/ASX Emerging Companies Index since it started in January 2004. The S&P/ASX...

Context is everything; without it, information is just a meaningless collection of dots. Never were this more true for equity investors than heading into reporting...

Companies in the Australian small cap index are generally young, nimble and have the potential for high growth. However, among these small cap stocks, there is a...

“In finance, everything that is agreeable is unsound and everything that is sound is disagreeable.” Winston Churchill With the S&P 500 Index enjoying a rebound of ~28%...

The last couple of months have been extremely volatile to say the least, and this has naturally presented a lot of challenges for investors. Recent years have seen...

Equity markets are always in a state of change reflecting the evolution of the economy, corporate profitability shifts and business dynamics. In some economies,...

“Performance lagging”, “clients exiting” and “funds closing” – the constant barrage of reports and articles about the demise of the active fund manager is relentless....

Australian small cap stocks have failed to live up to their potential in recent times. By definition, small cap companies are generally at an earlier stage of their...