Markets

Sentiment shifts US market rallies, JB Hi-Fi (ASX:JBH) sold off, Seek (ASX:SEK) under short attack It’s looking like a tough end to October after what has been a very strong month.  The ASX 200 (ASX:XJO) fell 1.6% on Thursday due to a weak global lead.  As highlighted, new economic restrictions are combining with a market…

Progress on diversity across the whole investment industry has remained disappointingly slow, according to a paper from Willis Towers Watson (WTW), the global investment consulting, funds management, and insurance broking firm. It has decided on direct engagement with fund managers to pick up the pace. In its paper published yesterday (October 26), entitled ‘Diversity in the…

Inflation returns, Coles (ASX:COL) sales boom, US staggers down 3%, ASX to open over 1% lower The ASX 200 (ASX:XJO) staged a solid comeback after a weak opening, finishing 0.1% higher.  The strength came from the consumer staples and IT sector, up 1.8% and 3.0%, with some new and old names contributing.  On the newer side, was grocery retailer Coles Group (ASX:COL)…

RBA: Recession is over, ASX200 slumps 1.7%, stronger open ahead The ASX 200 (ASX:XJO) finished off the day’s lows falling 1.7% on Tuesday after a weak global lead.  The good news in Victoria is being offset by a raft of new lockdown measures across Europe and signs the pandemic is unlikely to slow soon.  On…

ASX falls, Coca-Cola Amatil (ASX:CCL) under offer, IPOs now falling flat The ASX 200 (ASX:XJO) weakened 0.2% to start the week, with the announcement of a release of Victorian Stage Four restrictions not enough to trigger a rally.  The IT and Banking sectors lead the market lower, with Westpac Banking Corporation (ASX:WBC) falling 0.4% after…

Four years ago, old high-school buddies Nicholas Quinn and Jesse Moors were taking in the sunshine at a café on Melbourne’s Southbank, when they decided to take their mutual interest in stock market investment to the next level. Quinn, a former PwC global tax specialist, and Moors, formerly a business development manager at CPA Australia,…

Managed Accounts, or Managed Discretionary Accounts (MDAs), are a relatively new investment solution available to consumers and financial advisers following recent advances in platform technology. MDAs have evolved to a point where advisers can offer clients a broad range of investment assets and clients have complete visibility of the investments held in their portfolio. What…

Superannuation research house Chant West released their latest update on the performance for the September quarter. Industry groups quickly jumped on the news highlighting the fact that “nearly eight months after the COVID-19 crisis, superannuation funds have clawed back nearly all of the losses”, according to Research Director Mano Mohankumar. Looking closely at the data,…

The concept of ESG has been a key driver of fund flows, but most importantly marketing strategies, in recent years. Nearly every fund manager worth their salt has a well-written ESG strategy, outlining its views on the most important issues facing investors, management, and boards. Not to mention the expanding set of “sustainable” and ESG-focused…

Another negative week for the ASX, Trump-Biden debate, Link (ASX:LNK) undervalued The ASX 200 (ASX:XJO) finished 0.1% lower on Friday keeping the index in negative territory for the week, down 0.2%.  The IT sector was the highlight, adding 1.8%, behind strength in Afterpay (ASX:APT), Zip Co (ASX:Z1P) and Link Administration (ASX:LNK).  Management of LNK responded to the $5.20…

Volatility continues, ASX pares losses, Healius (ASX:HLS) delivers, AMP (ASX:AMP) sold off, positive morning ahead The ASX 200 (ASX:XJO) pared early losses to finish down just 0.3% on Wednesday, with oil prices the biggest detractor.  The oil sector fell 1.8% as oil prices pushed lower on concern of weaker demand.  Woodside Petroleum Ltd (ASX:WPL) reported quarterly production had…

Calvert Institute, the Responsible Lending arm of asset management Eaton Vance, this week released an extensive analysis on the real impacts that corporate governance practices are having on financial performance. The sector and connection between the two has until this point been under-researched and likely under-appreciated, particularly on a global scale. In conducting its research,…