paragon funds management

Joshua Baker

Pushpay offers a mobile payments and engagement product, specifically targeting the US faith sector. Pushpay has become a leading solution provider within this sector and has grown from nothing to processing an annualised equivalent run-rate of US$3b of giving to US churches, in ~5 years. Show More

John Deniz

We have previously discussed A$ gold as a hedge to global market volatility, and highlighted our particular interest in Australian gold producers that boast high-margin, low capital-intensity assets with solid mine life and/or exploration upside. Dacian Gold, discussed below, was acquired in a period of volatility, providing an attractive price... Show More

John Deniz

We initiated a short position in Telstra in February 2017, premised on rising mobile & broadband competition, which was likely to impact on Telstra’s growth outlook. Rising 10-yr bond rates make it a double-whammy for Telstra, which we also view as a bond-proxy. Show More

Paragon Funds Management

Nine months ago Paragon Funds Management wrote about their oil bear market view on Livewire “OPEC initiates a price war; implications”(click the https://www.livewiremarkets.com/wires/25260 ). They discussed that the US shale revolution and OPEC inaction (reluctance to cut supply) had led to oil markets being oversupplied by ~1.5m bbl/day and with... Show More