In Practice

Retailers at all-time highs, market to open strongly as tech rally continues The ASX 200 (ASX:XJO) fell another 0.8% today, as weaker than expected earnings result and more pessimistic view from the US Federal Reserve impacted sentiment. Most weakness came from the healthcare and financial sectors, representing a substantial portion of the market, however, the…

Another investment platform is due to arrive in NZ within weeks under the ‘Flint Wealth’ brand. It is an equal partnership between Brisbane-based Research IP, run by well-known Australian advisery market identity Darren Howlin, and NZ’s Harbour Asset Management and Trustee Executors.

We’re in the second week of reporting season and it’s been a mixed bag of results.

GAM Investments As has become the norm in these unique circumstances, GAM Investments, the Swiss-based 170bn asset manager will be running it’s Asia Conference virtually this year. GAM have always stood out as industry leading managers with a particular specialty in alternative and absolute return strategies, including their Systematic and Alternative Risk Premia options. The…

Positives all round, JobKeeper extended, RBA bearish The ASX 200 (ASX:XJO) finished the week 1.3% higher after gaining 0.6% on Friday. Materials (4.4%) and Energy (4.9%) were the standouts as commodity prices remained in a sweet spot of surging demand but supply chains struggling under COVID-19 restrictions. The Federal Government extended its JobKeeper program to…

The ASX 200 Index hit a high of 7,197 points on the 20th Feb before falling all the way down to 4,402 points on the 23 March 2020. A 38% drop from top to bottom.

With July coming to a close, it’s time for reporting season – and this year, it’s not going to be pretty.

What we have learned from the Covid-19 crisis

Andrew Canobi from Franklin Templeton shares insights with James Dunn From The Inside Network on whether you should buy global bonds in Australian dollars.

INBrief
Henrik Andersson – Apollo Capital

What a month, with markets rallying again, capping off the strongest quarter for the ASX in more than 20 years. The technology-focused Nasdaq reached all-time highs and the S&P 500 had its best quarter since 1938. The month continued the ‘changing of the guard’ trend, with the old-fashioned, capital intensive sectors, such as property, energy…

The ASX 200 (ASX:XJO) followed a negative lead from Wall Street, falling 1.5%, albeit on lower volumes amid the beginning of school holidays. The market traded as low as 2.2% throughout the day, with chronic underperformers in the property sector like Unibail-Rodamco-Westfield (ASX:URW) seeing significant tax loss selling as 30 June nears.