Tesla

Often used to describe a particular type of investment style – for example, the High Conviction Equities Fund – “conviction” is all the rage in equity markets today. This type of strategy usually holds between 20-30 stocks (or any other asset, for that matter) which are considered high-quality blue-chip investments that have a strong competitive position and high market…

ASX finishes higher on volatile day, US stimulus passed, Treasury Wine (ASX:TWE) now a takeover target The ASX200 (ASX:XJO) rallied strongly on the Labour Day public holiday for Victorians, opening 1.7% higher but giving up gains during the session to finish a more modest 0.4% higher. Much of the positive moves were driven by the materials sector,…

ASX down but positive week, energy shines, asset management dispersion  The ASX200 (ASX:XJO) fell 0.7% on Friday but managed to deliver a positive return for the week, finishing 0.6% higher. The commodities sector was hardest hit on Friday, falling 2.0%, with the IT sector continuing to fall as valuations are reset in response to higher bond rates….

ASX on the cusp of five months of gains, Seek (ASX:SEK) sold off on split, energy sector boom The ASX200 (ASX:XJO) rallied 0.9% on Tuesday, overcoming a weak start with the energy and oil sector powering the market higher. Woodside Petroleum (ASX:WPL) and Origin Energy (ASX:ORG) added 5.7% and 3.6% respectively after the oil price gained 4% overnight on signs…

Last week, investment research firm Morningstar Australasia announced the finalists of the 2021 Morningstar Australia awards. Some of the big names include First Sentier Investors, Franklin Templeton and Hyperion Asset Management – all in the running to win the prized fund manager of the year award. Each of these funds has delivered exceptional returns to…

Part 2 – Apollo Capital Fund It has been a busy few months for Bitcoin and the cryptocurrency world. Bitcoin’s price rocketed to an all-time high of US$51,785 this month on reports that Tesla would now accept bitcoin as payment for its cars and other products. And so, while the price of cryptocurrencies has started…

Are your clients asking you why they don’t hold Tesla? If they have an exposure to lithium? Are they looking for an exposure to the renewable energy boom? ETF Securities’ Battery Technology and Lithium ETF, carrying the ASX ticker ACDC, has been seeing significant inflows from investors, as interest in Tesla and all things sustainable…

Machines and the Mind Around 70%-80% of equity market volume is driven by algorithmic trading. There are a host of actors in this process, from hedge funds, exchange-traded funds (ETFs) and commodity trading advisers (CTAs). It also includes fundamental investors that refine their positions, for example, “percentage of volume” (POV) execution that matches ‘buy’ or…

The Dr Cathie Wood-led ARK Investment Management is facing a different kind of pressure as 2020 draws to a close. According to Bloomberg, ARK’s ETF distributor, Resolute Investment Managers, is seeking to exercise an option acquired in 2016 to buy a controlling stake in the business. The ARK Invest strategy has been a clear winner…

Investors are piling into COVID-hit international companies amid a share trading boom. According to ASIC’s analysis of trading volumes during the COVID period, share trading volumes among retail investors have doubled. With that in mind, international share trading has become a lot easier, but can still come at a substantial cost, with added tax implications,…