US Independence Day, mixed fortunes on the ASX, Sydney Airport takeover bid It was a rough start to the week for the ASX 200 (ASX: XJO) which opened as much as 1% higher before finishing broadly flat. Most sectors closed lower, IT and retailers were down around 1% with no overseas lead due to the US Independence Day holiday….
ASX finishes at record high, The Reject Shop downgrades, energy leads the week The ASX200 (ASX: XJO) broke 7,300 points for the first time, ultimately finishing up 0.5% on Friday and 1.6% for the week; three consecutive records. On Friday it was 4X4 parts supplier ARB Corporation Limited (ASX: ARB) and Origin Energy (ASX: ORG) leading the way, jumping 6.3% and…
ASX pares losses, defensives in favour again, Nuix downgrades again The ASX200 (ASX:XJO) trimmed losses to just 0.3% despite falling as low as 1.6% during the session. The selling pressure was driven primarily by the energy and property sectors as concerns about spiking global COVID-19 cases impacted confidence. The recently listed Nuix Ltd (ASX:NXL), a big data and analytics…
Simon Wood and Tobias Bucks from Ausbil Investment Management share insights on the greatest smaller company opportunities.
Longlead Capital Partners, the boutique long/short equities manager formed by two key players in the success of Regal Funds Management, has launched a traditional unlisted unit trust to allow better access to its strategies among Australian and New Zealand investors. Longlead, founded by Tim Campbell and Andrew West in 2014, has so far produced some…
Despite being Australia’s most important trading partner and closest neighbour, Asia remains largely undiscovered and under-appreciated by Australian investors. The region now represents 60 per cent of the global population, has 50 per cent of all consumers and contributes 70 per cent to GDP growth. The immediate Asian growth trend is expected to accelerate as…
