Markets

According to experts, higher inflation would be the worst possible scenario for long-term or long-duration bond owners like Jamieson Coote, yet the team is welcoming the challenge, highlighting a number of issues that tend to be misunderstood by less experienced investors. Chief among these is the forgotten “carry and roll” strategy that has actually delivered…

Market weakens, CBA enters BNPL space, Corporate Travel sell down The ASX200 (ASX:XJO) fell 0.5% on Wednesday, following a confluence of global factors. It was a mixed day with six of the eleven key industry sectors falling but energy and materials remaining under pressure. The iron ore price has remained strong, however, both BHP Group (ASX:BHP) and Rio Tinto (ASX:RIO) fell as other commodity…

ASX200 follows global markets higher, economic data flows, inflation of little concern, Metcash (ASX:MTS) continues to deliver The ASX200 (ASX:XJO) finished another 0.8% higher on Tuesday, with every sector but energy and materials delivering positive results for the day. CSL (ASX:CSL) continues to catch up on the market after a slow start to 2021, adding 2.3%. The company…

ASX delivers small gain, Future Fund leads renewables deal  The ASX200 (ASX:XJO) finished slightly higher, adding 0.1% to commence the week.  The IT sector continues to feel a great deal of selling pressure with Afterpay (ASX:APT) falling another 4.5% as investors continue to pivot towards more sustainable, undervalued sources of returns. The share price is now nearly 30% off…

A key plank of the highly touted Your Future Your Super legislation is the ‘performance test’ that will apply to industry super funds and other My Super products. The sector had been somewhat immune from targeted regulation for several years, outside of aggressive questioning from Parliamentary committees and sailed through the Royal Commission ultimately unscathed….

In this article we compare infrastructure heavyweights Magellan and ClearBridge (previously known as RARE Infrastructure) and their strategies. While Magellan and its CEO Hamish Douglass need no introduction, the house’s infrastructure fund is run by Gerald Stack. He joined Magellan in 2007 and is concurrently head of investments, head of infrastructure and portfolio manager; he …

Neuberger Berman, a US$405 billion ($527 billion*) global multi-asset manager, this week highlighted the opportunity arising in credit markets amid the bond and equity market selloff. Commenting on recent events that have seen the 10-year US Treasury bond begin 2021 at a yield of 1.0% and reach 1.6% in recent weeks, the firm’s chief investment…

ASX gains on travel boost, inflation expectations tempered, but confidence key The ASX200 (ASX:XJO) finished the week strongly, adding 0.8% on Friday, enough to deliver the second straight week of gains. Stimulus was at the top of the agenda this week, with a combination of comments by the Reserve Bank of Australia and the Federal Government setting the direction of markets….

ASX falls flat, travel stocks on fire, more disruption in energy sector  The ASX200 (ASX:XJO) once again failed to capitalise on a strong US lead, finishing the day flat. Once again, dispersion continues to increase with share price movements between companies and sectors elevated. Today it was the travel sector benefitting, with the industrials sector finishing 1.0% higher…

Gold miners surge, technology recovers, iron ore price down 6%, ASX lower The ASX200 couldn’t capitalise on the strong lead from US technology stocks overnight, falling 0.8% as the lack of growth opportunities came to the fore. Afterpay (ASX:APT) returned to strength jumping 7.5% after announcing the acquisition of Pagantis, a BNPL provider with a European presence.  All eyes, however,…

ASX stronger, Greensill risk expands, Vocus (ASX:VOC) deal confirmed  The ASX200 finished 0.5% higher in a mixed day for the market, with the IT and materials sectors remaining the primary drags on performance. The industrials sector which includes a number of infrastructure and more cyclical companies was the highlight, adding 1.1% with the likes of Transurban Group (ASX:TCL) and Sydney…

News broke this week that one of Vanguard’s popular ESG or Environment, Social and Governance-focused strategies may not have been as true to label as one would expect. According to reports and the group’s website, the benchmark index tracked by the fund did not measure up to the name. Holding 4,500 individual fixed income securities,…