In an environment of low interest rates and seemingly overvalued sharemarkets, advisers are naturally flocking to alternative asset classes to eke out returns. Yet not all alternative assets are created the same. The COVID-19 sell off and subsequent recovery has truly seperated the good from the bad. In this webinar, PIMCOs Chris Santore, will shine…
ASX 200 down 0.9%, Federal Reserve boosts US markets, AUD hits a 12 month high The ASX 200 (ASX:XJO) finished 0.9% lower on Friday and down 0.6% for the week; the second straight week of losses. Selling was broad-based but particularly coming from materials, down 1.8%, as Australia upped the trade war ante following PM…
It was a mixed day for the market, the ASX 200 (ASX:XJO) finished 0.2% higher despite trading up as much as 0.8% during the day.
Pandemic tailwind to flow into 2021 for Woolies Woolworths Ltd (ASX:WOW) delivered a weaker than expected result, despite a 6% increase in revenue to $63.6 billion for the financial year. Net profit fell to $1.166 billion with the biggest hit coming from the mothballed Hotels division. Sales revenue improved across the board with Australian and…
Benchmark-beating Stonehorn Global Partners, a specialist Asian equity team of ex-Macquarie personnel, has expanded its Australian team after a $300 million year. The team that gave up managing $4 billion in assets at Macquarie Equities to build their own business in 2019 have delivered exceptional returns in their Stonehorn Asia Equity All-Cap Fund, adding 18.6%,…
The ATO delivered some positive news, approving fractional property investment platform Domacom’s’ application to broaden the use of the $300,000 downsizer contribution.
The ASX 200 (ASX:XJO) fell 0.7% for the day pushed lower by dividend payouts from Telstra Corporation Ltd (ASX:TLS) and AGL Energy Ltd (ASX:AGL) among others.
The ASX 200 (ASX:XJO) finished 0.5% higher behind a strong rally in financials, up 2.5%, following positive comments on a potential COVID-19 treatment.
Qube Holdings Ltd (ASX:QUB) reported a 9% improvement in underlying revenue, increasing to $1.8 billion driven by a strong first half to the financial year.
Charter Hall Group (ASX:CHC) delivered one of the surprises of earnings season last week, once again exhibiting the importance of quality when it comes to investments in property.
