David Brown, an experienced investment manager and fund CIO, plans to move from Melbourne to the idyllic island of Rarotonga for his new role, COVID restrictions permitting. He started this month as CIO of the NZ$189 million (A$176 million) Cook Islands National Superannuation Fund – a new position. A special focus of the position will…
When a 25-year-old English fund manager with £21 billion (A$37 billion) under management discloses it had made a sizable investment in bitcoin, it is bound to give the institutionalisation of the crypto currency a big kickalong. This is especially so when the manager regards bitcoin as a potential store of wealth and not an alternative…
Firmer finish for ASX, Afterpay (ASX:APT) on fire, China exports surprise The ASX200 (ASX:XJO) finished another 0.4% higher on Thursday with Afterpay (ASX:APT) a key contributor, jumping 9.7% and sending the entire tech sector up 4.7% for the session. The trigger appeared to be the listing of US competitor Affirm (NASDAQ:AFRM), which jumped 98% upon listing and seems to be bringing…
James Stewart from Ausbil Investment Management shares insights on which commodity offers the best supply-demand metrics.
Marcus Bogdan from Blackmore Capital Equity Investors goes IN60 with James Dunn from The Inside Network.
While distressed debt funds have mushroomed to record levels in major markets, helped by the belief that the pandemic is a once-in-a-lifetime opportunity, Asia has languished. Already a small market for the broader private debt alternatives asset class, Asian distressed debt funds in the market for capital have declined over the past five years, from…
Australian fund managers see opening new distribution channels and embracing digitalisation as their major challenges in a post-COVID environment, according to a survey by financial data communications group Calastone and UK publisher Funds Global Asia. The Australian survey, for which there were 44 respondents, was part of a larger global survey with 291 respondents. It…
Fund managers expect to double their technology spend from about 10 per cent of their operating expenses in 2019 to 20 per cent by 2023, according to a new study by Casey Quirk. The increase is driven by wanting to have broader and deeper ties to clients. The study, ‘Technology for the C-Suite: Driving Competitive…
Whether or not we are witnessing the early stage of an end to the longest drought for value managers in history, history tells us that when the rains come, it will be a deluge. Recessions and their aftermath are particularly good for value managers. At a client webinar organised by global value manager Pzena Investment…
Marcus Bogdan from Blackmore Capital goes in-depth with James Dunn from The Inside Network on the importance of process and discipline in successful investing.
