Active management has successfully delivered alpha from Australian small companies over the long-term. Further, in periods when the dispersion of stock returns within the benchmark has been high, the median manager has delivered strong alpha. However, the ability to outperform the benchmark in periods of low returns dispersion (as has... Show More
Tin might be one of the world’s most strategic metals, but it’s not reflected in the price of the commodity. But with supply issues looming, this could well change in 2019. Show More
Having been buoyed earlier on by some positive clinical trials – notably from HIV drug house Biotron (BIT, 20c), the ASX-listed biotech sector is finishing the year on a bum note after a number of failed trials. Show More
To Vonex chief Matt Fahey, the intensifying rollout of the national broadband network (NBN) rivals the deregulation of the telecommunications sector in the 1990s as an opportunity for smaller challengers to pinch market share from the incumbent Telstra. Show More
Tech Mpire (TMP) 8c Show More
When Prince Harry supped on a ceremonial cup of kava during his and Megan’s recent visit to Fiji, he prioritised politeness to his hosts over the dangers of possible side effects from the mild narcotic – including impotence. Show More
While resources pundits regard copper as the commodity most reflective of the world’s economic strength or otherwise, the more obscure zircon arguably is an even better guide. Show More
This time last year, we nominated a high conviction small cap for Livewire in an out-of-favour sector, healthcare. One of our preferred exposures was Integrated Diagnostics (ASX: IDX). Pleasingly, developments since have either delivered on our expectations or exceeded them resulting in the share price being up 41% at the... Show More
Financials are deeply unpopular given the fallout from the Royal Banking Commission, pending legal actions and the prospect of being a political football into the 2019 election. So why is Aberdeen Standard Investments overweight financials in their small cap strategy? We sat down with Natalie Tam to find out. Capital... Show More
Given the current swooning stock market there’s plenty of talk about defensive stocks, but in the case of some of our listed defence suppliers that concept has a more literal hue. Show More