The positive trade outcome at the recent G20 meeting and dovish comments by US Federal Reserve Chairman Powell are both important catalysts for a rally in Asian markets into the year-end and early 2019. So for our Livewire Christmas Cracker, we are taking a look at a very attractive buying... Show More
By 2030 India is going to be the 3rd largest economy in the world, yet very few investors have exposure to this powerful growth story. Show More
So far, 2018 has been a difficult year for emerging market (EM) assets, which in the last few months have fared significantly worse than their counterparts in developed markets. This has been due mainly to worldwide issues but also country-specific political uncertainty. Many investors are now asking if the sell-off... Show More
Believe it or not, sheds and beds are the two places top commercial property investors would put their next dollar. Or, if recent transactions are any guide, their next billion dollars. Show More
Catherine Yeung, Investment Director at Fidelity International, comments that clients often ask her what’s happening on the ground in China and whether the journey is actually intact? She answers this question in this presentation, concluding to say that: “It’s very hard to imagine not having a suitable allocation to the... Show More
10 years ago, the Apple iPhone was released. Through the power of technology and population, this pocket-sized supercomputer changed the world as we know it. “You could argue that the combination of the iPhone and Facebook gave us Donald Trump,” Charlie Aitken, CIO of Aitken Investment Management, told a packed... Show More
Over the years during Kevin Bertoli’s time travelling to South Korea, often at times when relations were considerably strained, people have always seemed to take the North Korean issue very much in stride. Show More
Asia is the fastest growing region in the world, with average GDP growth of 2 to 3 times that of Australia and other developed countries. Despite compelling growth and valuations, it is difficult for Australian investors to access Asian markets directly. Ellerston Asian Investments (ASX:EAI) offers an easy and efficient... Show More
This year MSCI said it plans to add 222 mainland Chinese A-shares to their index. This heralds a further emergence of China (and more broadly Asia) as a signficant market to look out for. We see a range of opportunities in Chinese ports, telecom and select consumer companies. In Japan... Show More
The concept of the “Asian Consumer” has captured the attention of many investors. However, talking about the Asian Consumer as a homogenous group is misleading. A closer look at demographics, household income, urbanization, gender purchasing power and channel shift, shows that there are at least 10 different consumer groups within... Show More
CommSec's Tom Piotrowski speaks with PM Capital Asian Opportunities Fund (PAF) Portfolio Manager, Kevin Bertoli about the strong start to the year for Asian equity markets, the outlook for the Chinese economy and the fund’s areas of focus. Show More
Korea is the epicentre of escalating geopolitical tensions between the US, China and North Korea yet the KOSPI Index is near all-time highs. EAI analyst Eric Fong recently visited Seoul and the Demilitarized Zone (DMZ). The cosmetics and travel sectors remain poor risk/reward while the technology sector continues to offer... Show More
Kevin Bertoli, Portfolio Manager of the PM Capital Asian Companies Fund and the PM Capital Asian Opportunities Fund (ASX:PAF), talks about Autohome, a Chinese online car portal two and a half times bigger than Carsales.com.au. He talks about why the market has marked it down over the past 18 months,... Show More
Similar to European equity markets, another part of the world where fearful perceptions have held back equity valuations is emerging markets. After being fairly range-bound from 2012 to mid-2015, fears of a hard landing for China’s economy impacted emerging markets in the second half of 2015 and early 2016. That... Show More
As the inauguration of President Trump approaches, it is important for investors in Asia to have a view on what his Presidency will mean for the region. We break the issues down into three main categories: trade policy, currency implications and foreign policy. Show More
Six months ago, organic baby-food company Bellamy’s was flying the flag for a new Australian economy. Australia’s reputation for healthy, clean food was going to pick up the commodities slack as China’s growth transitioned from infrastructure to consumption. Yet just a few weeks after the company’s first profit downgrade caused... Show More
Steen Jakobsen, chief economist at Saxo Bank, explains why the opening of the Stock Connect between Shenzhen and Hong Kong is good for traders and investors. He says that global investors will now get access to China’s tech sector and MSCI could finally add China to its emerging-market indices. It... Show More
John Hardy, head of FX strategy at Saxo Group, thinks that the Bank of Japan (BoJ) may initiate a 'reasonably sized stimulus measure' before implementing helicopter money. This could happen after the US election as the BoJ needs to feel comfortable before the next phase of quantitative easing can begin.... Show More
Australian investors have long been made aware of the investment opportunities in Asia. Yet this opportunity for diversification is often accompanied by a perception of a significant increase in volatility. Closer observation shows that the S&P/ASX 200 has actually experienced greater volatility than leading Asian funds for the majority of... Show More
Kevin Bertoli, Portfolio Manager at PM CAPITAL, says there are a number of widely held misconceptions about investing into Asia. Firstly, he says there tends to be a generalized view that ‘Asia is China’. “Obviously China is going to have the biggest impact on us as investors given the structure... Show More