CommSec's Tom Piotrowski speaks with BKI Investment Company (BKI) Portfolio Manager, Tom Millner about the company’s first half results, its low fee structure and investment opportunities in the infrastructure, financial & healthcare sectors. Show More
Strategists are constantly searching for high correlation relationships to guide investment decisions but the accompanying chart showing a zero correlation should guide the portfolio construction decisions of all resource sector investors. It shows the correlation in return rankings across all ASX-listed resources stocks in successive years. Cross-year correlations are typically... Show More
The largest gains in resource sector equity prices are currently from stocks classified as Phase I within the PortfolioDirect framework. Segmented model results are shown in the chart below. Show More
So you’re thinking of starting a portfolio, evaluating how your holdings have performed, or considering some portfolio spring cleaning? Show More
The PortfolioDirect resources equity model finished January ahead of the ASX 200 Resources benchmark for the ninth consecutive month and for all but three months out of the past 24.The benchmark did run slightly ahead of the PortfolioDirect macro model in the past week. Phase II companies lost ground against... Show More
We enter 2016 with a continued neutral stance with regard to growth versus defensive assets overall. With the global equity bull market maturing and entering its 8th year, risks appear evenly balanced. On the one hand, the rally remains underwritten by central bank support if need be, due to low... Show More
Rising copper metal inventories over the next several years, contrary to most recent expectations, would mean persistent downward pressure on prices. This is a realistic scenario against the backdrop of downgraded global growth forecasts . The PortfolioDirect investment report this week discusses the sensitivity of copper demand to changes in... Show More
A PortfolioDirect rating update for Excelsior Gold (EXG:AU) was completed recently. There was a time when the quality of a mining project was judged by how much capital its development required. Not now. Excelsior Gold has escaped the capital market burden confronting many other gold producers by striking a deal... Show More
Rating reviews for Blackham Resources (BLK:AU), Red 5 (RED:AU) and 88 Energy (88E:AU) have been completed recently. Coincidentally, all three are clawing their way back from investment histories which have required them to rehabilitate their investment presence. All have some way to go but have grounds for optimism about their... Show More
Kidman Resources (KDR:AU) and Sumatra Copper and Gold (SUM:AU) have both produced their first gold recently. They now both run modest sized operations reflecting pressures on the industry to start small and grow from internally generated cash. Both show evidence of being able to expand their resource base to add... Show More
