Which 4 ASX50 companies issue no bonds?

Elizabeth Moran

A total of 46 of the ASX Top 50 companies issue bonds. This isn’t surprising as they are large international companies trading in foreign markets and require multiple sources of funding (see Table 1). But a couple of things did surprise me: Show More


Latte with Ray – The Chinese-Russian Tie Is Remarkable

Raymond Chan
Raymond Chan Morgans

After spending a week in Moscow, in my observation, Chinese tourists were everywhere in the city while it is very common for Russians to take Mandarin lessons at universities. Since the dissolution of territorial disputes between China and Russia during the Jiang Zemin’s era, the relations between the two countries... Show More

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The biggest turnaround story in Australia

Livewire Exclusive

BHP has been an underperformer for over a decade now. Troy Angus, Head of Large Caps at Paradice Investment Management, says this has largely been due to “hideously bad capital management.” But with a new Chairman and a shift in management’s focus, could all this be changing? Show More

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The best kept secret in Paradice

Livewire Exclusive

For many investors Paradice Investment Management is synonymous with high-performing small cap funds. What most wouldn’t know is that Paradice is also home to an Australian large cap portfolio that was opened in 2007. The strategy, which was closed shortly after inception due to overwhelming investor interest, has delivered in... Show More


Just how did BHP get it so wrong?

Sam Dyson
Sam Dyson Vertium Asset Management

Mining 101: a good mining company makes money at the low end of a steep cost-curve. This is BHP’s strategy and it is working wonders in iron ore. However, in 2011 BHP forgot this simple rule. Deal hungry and with cash flow burning a hole in the pocket after two... Show More

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The riskiest sector in the ASX200 index

Olivier d'Assier

Just how risky is the Materials sector? That’s the question we sought to answer as we dive into one of Australia’s largest industries. We use Axioma’s Multifactor Australian Risk Model to map the sector’s risk characteristics, style footprint, as well as the type of investment opportunity it offers investors. Show More

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Buy Hold Sell: Wilson vs Aitken – Mining & Energy

Buy Hold Sell
Buy Hold Sell Livewire

In this episode of Buy Hold Sell Matthew Kidman from Centennial Asset Management asks Geoff Wilson from Wilson Asset Management and Charlie Aitken from Aitken Investment Management for their views on some of the big names in Mining & Energy. Show More

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Robust Commodity Outlook

Gavin Wendt
Gavin Wendt MineLife

Given recent headlines and speculation with respect to commodity prices, I thought it worthwhile to outline my views on the near-term picture. Overall, I remain very optimistic with respect to prices and demand. In particular, recent positive Chinese commodity demand data and outcomes from the recent Chinese Communist Party Congress,... Show More

An update on the chart for BHP

Michael Gable
Michael Gable Fairmont Equities

Brokers are once again bullish on BHP, despite the shares underperforming the market during the last couple of weeks. Twelve-month targets average near the $30 mark, suggesting some decent upside from here. However, do we need to be worried about BHP’s recent underperformance? What do the charts say about BHP?... Show More

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Where to find opportunities in large companies

Clime Asset Management
Clime Asset Management Funds Management & Stock Research

There is so much confusion about the stocks in the ASX’s large-caps index, the ASX 50. Some investors see them as ‘blue-chips’ by virtue of their size and longevity, and thus see them as long-term portfolio holds. Others think the ASX 50 is largely useless: a motley, concentrated index of... Show More

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Breaking up and spinning off

Hugh Dive
Hugh Dive Atlas Funds Management

In late September Commonwealth Bank announced both the sale of its life insurance business and that they were looking at floating the bank’s funds management business Colonial First State GAM on the share market. Based on the strong performance of recent spin-offs investors are likely to have a close look... Show More

See what The CEO's thought of Energy, Electric Vehicles and Retail this week

NAOS Asset Management
NAOS Asset Management Listed Investment Companies (LICs) ASX: NCC, ASX: NAC, ASX: NSC

“The world health organisation reports ‘in 2012 around 7 million people died, one in eight of total global deaths, as a result of air pollution exposure'. I wanted you to hear it directly from me: Dyson has begun work on a battery electric vehicle, due to be launched by 2020”... Show More


Unsung heroes of the income investor

Livewire Exclusive

Woolworths, BHP, and Telstra have cut dividends in recent years, and the long-term sustainability of dividends from other leading stocks is under scrutiny. So Livewire asked three experts to share an example of a company that offers diversification away from ‘traditional’ income stocks - and provides a sustainable yield. Read... Show More

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The biggest month of dividends ever paid

Richard Coppleson
Richard Coppleson Bell Potter

Dividends for FY16 (ie dividends paid from Nov 2015 until Oct 2016) totaled $72.7billion. But for FY17, they have increased by +7.2% to $77.9 billion. So shareholders will have received an extra $5.2 billion in cash in the last 10 months, and over the next 2. That comes despite the... Show More


The ASX dividend dilemma

Livewire Exclusive

Telstra and the banks are mainstays of any Australian income-focused portfolio and make up nearly half of the dividends paid out by ASX companies in FY17. However, all five are down year-to-date, and Telstra recently announced an approximately 30% cut to its dividend. Show More

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5 significant reasons BHP will reach $40

Livewire Equities

Peter O’Connor, Senior Resource Analyst from Shaw & Partners joined James Gerrish, Market Matters / Shaw and Partners, recently to cover a number of topics including his target for BHP: which is the most bullish on the street. Read on for a transcript of his case for the Big Australian... Show More


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Global Miners - Where to from here?

James Gerrish
James Gerrish Market Matters / Shaw and Partners

Global miners enjoyed a cracking start to the year delivering ~18% performance by 16 February 2017 underscored by the best financial reporting season in over five years. We’ve now seen another reporting season, a period of consolidation and a more challenging period as the macro tail – PMI’s, US dollar,... Show More


Insights from recent management meetings

Martin Conlon
Martin Conlon Schroders

Amongst the raft of post result management meetings there is always much food for thought. In some cases, management teams convey thoughtful and coherent interpretations of the challenges and opportunities facing the business and their plans to deal with them. In others, the challenge of negotiating a shallow stream between... Show More

The mining recovery: Myth or reality?

Livewire Exclusive

Commodity prices have surged in recent months, and resource stocks have followed. Has the last pocket of value in the market been discovered, or is this rally overdone? Livewire reached out to three specialists for their view on key commodities, and the mega-cap miners that produce them. Show More

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Big Miners the standout from results

Colonial First State Global AM

The impressive cash generating power of the major miners became abundantly clear as the reporting season rolled through August, particularly those exposed to an iron ore price that has rebounded through 2017. Show More