Intel

Reimagining portfolios for tomorrow’s reality Increasing inflation volatility represents the greatest challenge to investors for a generation. A new regime and the collapse of the financial market status quo requires us to reimagine portfolios. No longer can we rely on yesterday’s logic. “Inflation is the endgame. Just brace for inflation volatility first.” Do we still…

With reporting season now upon us, it’s that time of year again when ASX-listed companies begin sending in their earnings results for the December half-year of 2021 (for some, who use the calendar year as their financial year, it’s full-year result time.) Market analysts and broking houses are expecting results to be a bit of…

“Optimism and opportunity” are the best way to describe the outlook for the Australian equity market in 2022 according to Reece Birtles, of Martin Currie. In his role as chief investment oficer, reading the broader themes is as important as assessing the underlying portfolio companies. As the headlines in the financial press remain fixated on…

That nasty word keeps popping up. Stagflation. And it’s a worrying sign of things to come. Expectations for future price increases have suddenly gone from ‘transitory’ to ‘temporary’ after a rise in Australian government bond yields had the RBA scrapping its ‘yield curve control’ policy which looked to peg 2024 government yields at 0.1%. Expectations…

Post-pandemic, the global economic recovery has been effective, buoyed by strong government stimulus, both fiscal and monetary. While most of the world suffered limited scarring, many of the policy choices that were made will have an enduring impact, according to JP Morgan. The group presented its 2022 Long-Term Capital Market Assumptions (LTCMAs) which gave a…

It was a busy week for the now three-year-old Australian Financial Complaints Authority (AFCA). Among the most important institutions in the financial advisery sector, the external dispute resolution body deals with complaints against most parts of the financial and investment sectors in Australia. A pre-determined review of the operations of the group found that it…

Superannuation research house Chant West, part of the Zenith Investment Consulting group, this week published their quarterly performance update on the industry fund sector. Despite the volatility experienced in March, which spanned both bond and equity markets, returns continue to surprise on the upside in March. Chant West’s research seeks to differentiate between the, at…

Global investment manager Pacific Investment Management Corporation (PIMCO) released the results of an extensive survey of Australian investors this week. The first of what will be a regular temperature check for investment markets, questioned 2,500 individual investors aged over 35 with liquid assets exceeding US$100,000 on key market indicators. The survey spanned five key Asia…

Loftus Peak, Australian global equities boutique, has become the second manager to launch a “quoted managed fund.” This looks set to become a strong trend in retail distribution, with a host of managers lining up for the new form of listing and an extra administrator entering this part of the market, Link Fund Solutions. The…

As is the trend this year, Melbourne-based Zenith Investment Partners held their annual Fund Manager of the Year awards online over the weekend. The session was hosted by John Nicoll, Head of Sales, and David Wright, CEO, both presenting remotely. In what was an incredibly difficult year for the finance industry, Wright stressed the important…

Clearly, we should have seen it coming. A launch party full of B-grade celebrities on a pristine beach in a cyclone ravaged region, it had all the hallmarks of a disaster. This week saw the regulator taking action against the Mayfair Platinum Group, including its subsidiaries IPO Wealth, Mayfair 101, and M-Notes among others. The…

The recent flow of banking industry data suggests that things will get worse before they get better, and investors may want to hit pause on any plans they have to increase their bank shareholdings. The latest Australian Bureau of Statistics data shows that demand for consumer and business loans is falling, and in remarks this…