There is a US$550 billion ($764 billion) market that is rarely considered by Australian investors. Convertible bonds (CBs) are barely used locally, while in the US and Europe these are a key component of a growing company’s capital and pension fund portfolios. To appreciate this market, we must consider why CBs make sense for an…
The S&P 500 Index reached a historic high on February 19th of this year, only to break that record less than six months later. On its face this sounds reasonable, however when considering the unprecedented nature of the events that transpired in-between, this is downright shocking. Over this six-month period the S&P 500 realised its…
Melbourne: ESG (Environmental, Social and Governance) is one of the fastest growing trends ininvesting globally. It has become part of the funds management zeitgeist, aided, in part, by research pointing to betterperformance by fund managers that favour companies with good ESG policies and practices.The recent decision by the Trump administration to restrict the ability of…
We are pleased to speak with Luke Laretive of Seneca Financial Solutions this week. Luke Laretive must be one of the most prolific sharemarket writers in the market, filling LinkedIn with insightful weekly insights. Laretive offers a unique view of the industry having started in a full-service broking house before going out on his own…
The $52 billion health sector focused industry fund HESTA announced the appointment of Alan Sheen as head of portfolio management this week. Sheen comes direct from the private sector, leaving the absolute-return firm he founded, Dalton Street Capital, to add further depth and support HESTA’s ambitious growth plans. Sheen will report directly to CIO Sonya…
Although the economic shutdown in Melbourne has put a dampener on property transactions, the world continues outside Victoria, with several major transactions as we pass through September. Specialist property fund manager Castlerock has added another key regional property to its Auslink Property Trust (No.2), spending more than $55 million to acquire the property at 45…
Rio Tinto Ltd (ASX:RIO) today announced that CEO Jean-Sebastian Jacques; head of iron ore, Chris Salisbury; and head of corporate affairs, Simone Niven, will be stepping down from their roles following the Juukan Gorge incident. While someone losing their job should never been seen as a positive, is this the first high-profile ‘win’ for the…
The possibility for government to increase superannuation taxes in response to the ballooningbudget deficit caused by COVID-19 could severely hurt member balances at retirement, according to a research note by the global implementation specialist manager Parametric. Raewyn Williams, head of research (Australia) and analyst Josh McKenzie, in a short paper titled“Will retirees pay the price…
With reporting season coming to an end, it’s time to hear from all the managers how they performance and the key themes that emerging from one the strangest months in recent memory. Insights into the future of investing What Japanification means & revisiting the value anomaly in a post COVID world? Moving to the growth…
Research on a blood test for the detection and monitoring of breast cancer has taken a step forward with the Federal Government announcing a $372,654 grant.
