Amazon

There is a hidden bifurcation in the S&P 500 that retail investors may not be seeing, but it has private investment manager Neuberger Berman showing a degree of caution.

ASX sinks, RBA’s taper tantrum, Lew hits Myer again The ASX 200 (ASX: XJO) closed around its lows on a busy Tuesday with the long-awaited monetary policy decision released at 2pm sending the market into negative territory. Every sector barring energy, which is benefitting from an OPEC impasse, finished lower with bond proxies including communications and healthcare…

It was roughly ten years ago now, that Nick Griffin, chief investment officer at Munro Partners, marched into the Melbourne office of Sornem Private Wealth and gave a presentation on how a bookstore would one day turn into a superstore. We thought he was crazy. Remember when Amazon sold only books? It’s hard to imagine…

Bank rally not enough, Westpac hike dividend, job ads continue to surprise The ASX200 (ASX:XJO) rose just three points to begin the week, with a powerful day from the financials sector (+1.4%) which represents some 30% of the index not enough to overcome broader weakness. Energy and materials continue to detract amid signs that inflation is being…

ASX struggles to another record, Sims upgrades guidance, lithium giants to merge The ASX200 (ASX:XJO) struggled to another record close, finishing just three points higher as a sell off in the energy sector, down -1.4%, offset gains in the mining sector, +0.8%. The news of the day was the planned merger between Australia’s pureplay lithium miners, Orocobre (ASX:ORE) and Galaxy (ASX:GXY),…

This year The Inside Network held its industry-leading Environmental, Social and Governance or ESG Masterclass with some of Australia’s leading thinkers from the sector, to engage with and discuss some of the biggest problems humankind is facing, and the role of investors and advisers in contributing to a more sustainable economy. Hosted by Giselle Roux,…

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%…

In hindsight, March 2nd, 2020, as the world started to get to grips with the scale of the global health emergency that was unfolding in the form of the Covid-19 pandemic, was an inauspicious time to launch a new investment product. In fact, the S&P/ASX 200 Index is down 19% since that day – after…