We are “talking about talking about tapering,” said U.S. Federal Reserve Chair Jerome Powell earlier this year, as a strong economic recovery increased the risk of an inflation spike. Tapering refers to slowing the pace of the circa $120 billion of bonds that the Fed purchases each month, $80 billion of which are U.S. Treasury…
Morgan Stanley Investment Management has reiterated its focus on investing in those seeking out those companies that are delivering high and sustainable returns on operating capital. In their recent ‘Global Equity Observer’ update, William Lock Head of International Equity, reiterated the power of compounding returns and the characteristics his team continue to covet. Every professional…
Pinnacle Investment Management (Pinnacle) a multi-affiliate investment management firm with over $89 billion in assets under management has acquired Winston Capital Partners for an undisclosed sum. Winston Capital Partners was founded by Stephen Robertson and Andrew Fairweather who had been working alongside Pinnacle for several years in the distribution of the Coolabah Capital suite of…
Perennial Value Management, long known only for its value stock-picking prowess, this week closed the third iteration of the Private to Public Opportunities Fund. The raising was fully subscribed, hitting the $200 million cap that was put in place to ensure maximum flexibility for the portfolio managers, including Ryan Sohn. The fund is a unique…
The Financial Services Council (FSC) has introduced its Women in Investment Management Charter (WIM Charter). The purpose of the WIM Charter is to help improve gender balance in investment management, through the introduction of additional accountability and transparency mechanisms to enable organisations to achieve their desired, self-nominated, gender diversity target. As part of its commitment, First…
Claremont Global founder Bob Desmond may well have one of the most interesting CVs among Australia’s leading portfolio managers. Born in Zimbabwe, he cut his teeth in investment markets in both Africa and the UK before settling in Australia and building what is now a $1 billion global equity business. Formerly the Evans and Partners…
Despite being among the top performing asset classes over the last 12 months, and longer term for that matter, the ability for financial advisers to access the global smaller companies’ sector has been limited at best. The options are, however, beginning to improve, with the launch of New York-based Royce Investment Partners by Franklin Templeton,…
Another week, another gut punch for the financial advice industry. With the exodus of financial advisers from the industry showing no signs of slowing, the flagging of further increased in the cost of doing business were no doubt an unwelcome surprise. The fallout from the Royal Commission continues to hit the small and medium business…
How difficult is it to be a successful growth manager in today’s turbulent markets? Let’s hear from Francyne Mu, a portfolio manager of the Franklin Global Growth Fund. Growth stocks have driven global equity markets higher over the past few years, but greater volatility in early 2021 may suggest that growth investors face a more challenging…
In recent years there has been a large increase in the number of ESG-related investment products on the market, fuelled by increasing demand from consumers who are more aware of where they are investing their money. According to the Responsible Investment Association of Australia (RIAA), about 60% of Australia’s $3 billion-plus investment management market is…
