The local sharemarket followed a weak global lead, falling 0.8 per cent on Wednesday but with the fear spreading to broader sectors of the market. In the opposite to yesterday’s trade, energy and utilities outperformed gaining 1 and 0.6 per cent respectively, with the materials sector also benefitting from a breather on Chinese selling. Whitehaven…
News that Beijing was set to follow Shanghai into massive lockdowns to avert the threat of Omicron sent global share markets into a shockwave in this shortened week. The S&P/ASX200 fell another 2.1 per cent with every sector lower, led by the materials and energy sectors which fell 5.1 and 4 per cent respectively. The…
“I believe that ESG is, at its core, a feel-good scam that is enriching consultants, measurement services and fund managers, while doing closer to nothing for the businesses and investors it claims to help.” All over the world, jaws are dropping at that statement, which could hardly be more incendiary for many people in the…
Global smaller companies, defined broadly as those valued anywhere between $300 million and $5 billion, are offering one of the most compelling valuation opportunities in 20 years, says Simon Wood of Ausbil Investment Management. Speaking at The Inside Network’s leading Equities and Growth Assets forum this month, Wood highlighted the unique opportunity set and its…
Magellan Financial Group (ASX:MFG) has remained in the headlines on a near daily basis, with continued uncertainty around the return of CIO and Founder Hamish Douglass. With outflows in recent months exceeding $20 billion, which is more than most fund managers in Australia hope to manage, naturally the attention has been heavily focused on the…
It was another positive day for the local sharemarket with retreating bond yields and more positive stock-specific news sending the S&P/ASX200 another 0.3 per cent higher. In a surprising turn, both the materials and technology sectors underperformed, down 2.6 and 1.6 per cent respectively, while the real estate and industrial sectors added over 2 per…
Industry-leading finance data and research consultancy bfinance this week released the results of its “snap” What are investors thinking now? study and survey. Completed amid the geopolitical and market upheaval in March 2022, the survey of 418 institutional investors across 39 countries offers a real-time insight into what they were concerned about. First and foremost…
“Better lucky than good” explained Max Swango, managing director of Invesco’s Global Real Estate Team when referring to the tailwind that has seen institutional-grade property become one of the most popular asset classes in the world. He wasn’t referring to bond yields, as many thought, but rather the massive shift in investment priorities and allocations…
‘A thief in the night’ was the title of Stephen Hayes’ session at last weeks’ Equities and Growth Assets Symposium hosted by The Inside Network. Tasked with confronting the most significant and pressing issue facing investors and asset allocators around the world, Hayes managed to summarise it quite simple ‘pricing power’ is what really matters….
“Where all men think alike, no one thinks very much.” – Walter Lippman This quote was the premise of one of Australia’s longest-standing investment managers, Paul Moore, when presenting at the industry-leading Inside Network Equities and Growth Assets Symposium this month. Commenting on the seemingly never-ending and ubiquitous “groupthink” that pervades investment markets, he suggests…
