When it comes to investing, Australians forego their ‘globetrotter’ reputation and rarely look past local companies. In consumption, however, we are far worldlier and have embraced international brands such as Apple, Samsung, Google, BP and Toyota. Show More
This year MSCI said it plans to add 222 mainland Chinese A-shares to their index. This heralds a further emergence of China (and more broadly Asia) as a signficant market to look out for. We see a range of opportunities in Chinese ports, telecom and select consumer companies. In Japan... Show More
This week the news was overrun with announcements by car makers expanding their electric vehicle ambitions. Elon Musk presented SpaceX's plans for colonisation of Mars, as well as rockets that could allow commuting to anywhere on Earth in an hour - for the price of an economy ticket. And Google... Show More
India is home to the world’s largest biometric identity program. The Unique Identification Authority of India has spent seven years collecting fingerprints, iris and facial scans for over 1.167 billion enrolled citizens. The World Bank's Chief Economist, Paul Romer, described it as "the most sophisticated ID program in the world". Show More
Korea is the epicentre of escalating geopolitical tensions between the US, China and North Korea yet the KOSPI Index is near all-time highs. EAI analyst Eric Fong recently visited Seoul and the Demilitarized Zone (DMZ). The cosmetics and travel sectors remain poor risk/reward while the technology sector continues to offer... Show More
One of Samsung Electronics’ flagship products, the Galaxy Note 7 smartphone, has become infamous for its tendency to catch fire. Or as Reuters put it, “Samsung’s latest invention: a fireproof box for Note 7 return.” The company’s attempt to satisfy Note 7 owners has been poorly executed and the Note... Show More
A key change across the Antipodes Partners’ Funds over the quarter has been a broadening of the technology cluster to take advantage of observed valuation dispersion. Similar to the technology bubble and subsequent “tech wreck” at the turn of the century, the market’s focus has narrowed around higher growth “winners”... Show More
Market opened positive and then sold down gradually to finish slightly positive. Our market was waiting to see the global reaction before moving positive. The US Fed move is now firmly in Dec. The US election worries are also subsiding as Republican candidate’s debate performance was not seen by either... Show More
Jacob Mitchell, Chief Investment Officer at Antipodes Partners, says it's more than just the quality of the business that drives investor returns, it's also about the price you pay to invest. "Your returns from the investment, as opposed to your returns from the business, rely on the starting value." Mitchell... Show More
Platinum Asset Management says they're "excited about [Samsung's] Organic Light Emitting Diode (OLED) business... novel designs, are lighter, thinner and more durable compared to glass-based screens. Second generation flexible OLED displays may indeed be flexible for the final user, but there is still some distance to go before the technology... Show More
Technology has always been at the core of both product and production innovation in transport. Ford’s greatest innovation was more in the revolutionising of the modern assembly line, which lowered production costs and made cars widely accessible, than the Model T itself. On the product side, technology has improved the... Show More
South Korea is increasingly viewed as the “Bermuda Triangle” of financial markets. Value investors have in recent times been swallowed up by a market that has retreated to levels not seen since the Global Financial Crisis. The lure of low starting valuations have been overwhelmed by the usual chorus of... Show More
