Markets

According to think-tank Climate Bonds Initiative, green bonds were created to fund projects that have positive environmental or climate-related benefits. They typically fall into the basket of “use of proceeds” bonds where the capital raised is earmarked for green projects, but remain secured by the issuer’s entire balance sheet. Calvert Research & Management, an Eaton…

While listening to a conference by multi-asset investment manager, Ruffer LLP – an event we covered here – it became evident that most portfolios are inadequately prepared for the future that lies ahead. While UK-based Ruffer is little-known in Australia, the group manages over GBP$21 billion ($37.5 billion) across most asset classes, and recently received…

Milestone Group has extended the rollout of its new pControl asset allocation offering to Asia-Pacific to service increasing demand due to greater complexities of front and middle-office requirements in the use of funds-of-funds and other third-party investment structures. The ‘pControl Asset Allocation’ product is based on the platform built by the Australian-bred global group’s pControl…

Swings and roundabouts, ASX to open lower, Kogan (ASX:KGN) smashed to finish the week The ASX200 (ASX:XJO) finished January 0.3% higher, the third straight positive month, despite swinging from a 1.2% gain to a 0.6% loss on Friday. Over the week it was the materials and energy sectors, down 7.0% and 10.6% respectively, which placed the greatest…

Markets go risk off for a day, trading mayhem continues, Fortescue Metals (ASX:FMG) record production The ASX200 (ASX:XJO) dropped at the open after a negative lead from the US, ultimately finishing down 1.9% for the day; the worst in several months. 90% of companies fell, with Unibail-Rodamco-Westfield (ASX:URW) a rare outperforming jumping 14.5%. The growth favourites were among the…

A new commodities super-cycle is underway, with price increases starting to resemble the resources boom that took place during the mid-2000s. During this time, the prices for commodities used for steel and energy production i.e. iron ore, coal and natural gas, skyrocketed. Global demand for these commodities rose sharply and so did prices. The increase…

ASX down 0.7%, reality setting in, Reliance Worldwide (ASX:RWC) jumps on overseas sales The ASX200 (ASX:XJO) awoke from the long weekend falling 0.7% on the back of weakness in the materials and energy sectors. The iron ore price remains one of the key drivers of daily market performance with its 3% fall overnight sending Fortescue Metals (ASX:FMG) down 6.4% and BHP Group 3.4%…

Founder and Senior Portfolio Manager Nick Langley at RARE Infrastructure, now named Clearbridge Investments, has put out a short note outlining the infrastructure sector as one area that remains bright despite the pandemic. According to Langley “there is a confluence of issues, events and realities that cause us to be extremely positive about the potential…

ASX200 0.4% higher, quiet day of news, Fortescue (ASX:FMG), Zip Co (ASX:Z1P) among the strongest The ASX200 (ASX:XJO) finished 0.4% higher on very light volume with most participants clearly opting for a long weekend. The consumer and IT sectors continued to outperform behind the likes of Zip Co (ASX:Z1P) and Kogan (ASX:KGN), which finished 2.6% and 3.8% higher respectively. Despite the…

ASX at 11 month high, Fortescue’s (ASX:FMG) bumper dividend, Lynas (ASX:LYC) in deal with US Government The ASX200 (ASX:XJO) reached an 11 month high this week, adding 1.3% for the week despite falling 0.3% in late trading on Friday. The commodities sector remains key to the market strength, with rare earth miner Lynas Corp (ASX:LYC) jumping 13.7% on Friday…

ASX200 pushes towards record, commodity reports, is Zip (ASX:Z1P) the new BNPL leader?  The ASX200 (ASX:XJO) benefited from a strong overseas lead and news that unemployment has fallen to just 6.6% to finish 0.8% higher. Surprise, surprise, technology was the leader once again, adding 2.7% after BNPL player Zip Co (ASX:Z1P) released a quarterly update. The group once again…

ASX200 jump again, BHP (ASX:BHP) records broken, Ansell (ASX:ANN) demand continues The ASX200 had another strong day, this time a combination of energy (1.34%) and IT (2.54%) sending the price higher. It seems overseas investors may have identified Afterpay (ASX:APT) as a cheaper alternative to their own Affirm (NASDAQ:AFRM) with the company hitting another all-time high today. BHP Group (ASX:BHP) released their…