2018 was another eventful year for markets around the world, but what lies in store for the next 12 months for investors? Andrew Milligan, Head of Global Strategy, outlines Aberdeen Standard Investments’ 2019 global markets outlook. Here are five key takeaways. Show More
In our first monthly letter for the year, we highlighted that 2018 was unlikely to be a ‘set and forget’ year for investment strategy. As we approach the second half of 2018, macro uncertainty and cascading geo-political risks continue to impact markets and seem likely to befriend us for the... Show More
“In the short run the market is a voting machine but in the long run it is a weighing machine.” Show More
Over the past quarter, much of the small-cap index outperformance over large caps has been due to the excellent returns of small resource companies. Given their cyclical nature, is that a reason to look elsewhere? The following note makes it clear that we think not. Show More
ANZ has reported full year cash profit of $6.9bn - up 18% and in line with analyst expectations. However, a fall in its net interest margin has disappointed investors, sending ANZ shares down about 2%. Show More
Ramsay Health Care (RHC) has reported a 12.7% lift in Core Net Profit after Tax of $542.7 million, while posting a weaker than expected $488.9 million full-year net profit for the 2017 financial year. Show More
Medibank Private Limited (MPL) reported group net profit of $449.5 million, better than markets had expected for the 2017 financial year. The headline result was boosted by stronger investment returns helping to offset lower revenue from its Medical health division. Medibank’s full year result was impacted by a fall... Show More
Energy producer, Santos Limited (STO) reported a net profit of US$156 million for the first half of 2017 against a US$5 million loss in 2016. The company has been in a rebuilding phase over the last 18 months and is well on the way to meeting its renewed strategy under... Show More
Woolworths (WOW) returned to profitability in FY17, posting a $1.5bn profit for the 12 months ended 25 June 2017, thanks to strong sales momentum at its core supermarket chain late in the year. While the headline result is a huge improvement on the $1.2bn lost last year, due to billions... Show More
The world’s largest mining company, BHP Billiton’s (BHP) full year numbers were a vast improvement on this time last year as the rebuilding phase nears completion. That being said, BHP’s underlying profit was below market expectations even with a massive 454% lift on last year. Show More