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

15 wires that captured your attention

Alex Cowie
Alex Cowie Livewire Markets

Livewire strives to give readers unparalleled access to expert investment ideas so that they can be more informed and achieve better investment outcomes. Here is a distillation of 15 such wires that really captured your attention this quarter. Show More

The most crowded trades on the ASX

Livewire Exclusive

A crowded trade appears when so many investors are positioned similarly that liquidity becomes a problem. Bitcoin is the obvious choice globally, but we wondered where the most crowded trades were on the ASX. To find out, we put the question to Greencape Capital, NAOS, and Market Matters. Show More

Is the dream run of Australia’s Big 4 coming to an end?

Investors Mutual
Investors Mutual Quality and Value Investing

The continued success and profitability of Australian banks over the last few decades, as well as recent large capital raisings, means that Australia’s big 4 banks are now valued at over $400 billion by market capitalisation and they account for over 26% of the S&P/ASX 300 index. As a result,... Show More

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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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Time to think differently

Livewire Exclusive

Experiences that have been enjoyable in the past are always sought after into the future. This behaviour is often referred to as 'anchoring'. Andrew Fleming, Deputy Head of Australian Equities at Schroders, says risks are building in situations where historical conditions have lead to ‘wonderful’ experiences for investors. Show More

So how much risk are you taking?

Vince Pezzullo
Vince Pezzullo Perpetual Equity Investment Company (ASX:PIC)

Markets have a tendency to move between states of fearing the future where there is no justification for being in markets (usually coincides with market bottoms), to believing that risk is easily measured and controlled whereby the fear of missing out is all encompassing (correlations with a market top is... Show More

Diversifying away from Aussie banks

Livewire Exclusive

Financials dominate the ASX200, comprising 35.4% of the index. This compares to 14.7% of the S&P500. Andrew Fleming, Deputy Head of Australian Equities at Schroders, points out, they are a big part of the index - because they make a lot of money. Here he questions whether this will continue. Show More

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APRA's new capital rules: initial thoughts and implications for the banks

Andrew Martin
Andrew Martin Alphinity Investment Management

APRA have finally come out with their capital rules to fulfil the ‘unquestionably strong’ requirement of the Financial Services Inquiry. The focus is on is the Common Equity Tier 1 ratio requirement (CET1), which is the amount of equity the banks need to hold relative to risk weighted assets (loans).... Show More

Top Stock Picks for FY18

Bell Potter
Bell Potter Stockbroker

In this report, our analyst team share their top stock picks for FY18, and also provide their sector outlook. On Financials, TS Lim reports that "There is something for everyone in Show More

Australian share market in subdued mood as investors stay away

Tristan K'Nell
Tristan K'Nell CCZ Statton Equities

The Australian share market in a subdued mood heading into the close the index up only 6 points after a volatile week. A flat lead from Wall Street and more negative sentiment on the big banks doing little to spur sentiment. The market had been sold off in early trade... Show More

Aussie market in risk off mood as energy & financials weigh on market

Tristan K'Nell
Tristan K'Nell CCZ Statton Equities

The Australian share market deep in the red on the back of lower oil and commodity prices overnight, with some heavy selling from the opening bell to see a risk off mood today. The selling continued into the afternoon, hitting a daily low around 2:30pm to be trading down 86... Show More

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Moody's bank downgrade: Cause for concern?

James Gerrish
James Gerrish Market Matters / Shaw and Partners

Yesterday evening Moody’s downgraded Australia’s “big 4” banks, plus 8 smaller ones, from Aa2 to Aa3 on their long-term rating, while leaving their short-term rating unchanged. So Moody’s have finally joined the bank knocking party, the ratings agency who missed the whole GFC, so should we be concerned? Show More

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Crunch time for Australian bank investors

Alex Pollak
Alex Pollak Loftus Peak

Fund managers are closing shop (Altair), calling the top (Kelly) and selling out (Hunter Hall). In the five months since January 1, the Australian market has picked up just 2%, compared with over 8% for a US market still hyped up on the Trump trade. Most of the damage has... Show More

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CEO INSIGHTS – Week Ending 2 June 2017 by NAOS Asset Management

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

"Backdoor listings are problem in Australia. There are some examples – Vocus is the only one people keep quoting – where it's worked. But they were a pretty big company by the time they listed, which is different than effectively backdoor listing a start-up because it can't raise money any... Show More

The single biggest issue for Australian assets

Livewire Exclusive

In a recent interview with Dr Philipp Hofflin, Portfolio Manager at Lazard Asset Management painted a scenario in which strong downward pressure on the Australian Dollar would force the RBA’s hand to raise rates, to avoid importing inflation. He said it would be “very difficult for asset prices and households,... Show More