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Former Commonwealth Bank executive Adam Bennett has been appointed as Suncorp’s chief information officer. He was previously at Commonwealth Bank for over 15 years and was most recently group executive business and private banking, executive general manager of local business banking and chief information officer for the bank’s retail and business banking divisions. He will…

A new take on environmental, social and governance (ESG) investing has emerged with the launch of a fund tackling sustainable opportunities in the water and waste management sectors. Fidelity International recently launched the Fidelity Sustainable Water and Waste Fund in Australia. In what is an under-researched sector, the fund seeks to deliver strong risk-adjusted returns…

CNBC reportedly coined the phrase ‘Kangaroo’ market today with commentators giving on predicting its direction. The term best describes the daily experience of investors as the market ‘bounces’ around.

Global asset manager State Street Corporation released a survey of institutional and sovereign wealth investment professionals last week. The report offered insights into a survey of 640 executives spanning defined benefit funds (33%), corporate pension plans (25%) insurance (32%) and sovereign wealth funds. The report was commissioned through data collection group CoreData and provided some…

Fed to the rescue The ASX 200 (ASX:XJO) caught up to Wall Street’s Friday falls, dropping another 2.2% and taking the losing streak to three consecutive days. The weakness was driven by a combination of cyclicals and the financial sector, with energy down another 3.4% along with consumer discretionary. Wesfarmers Ltd (ASX:WES) lead the sector…

It was a mixed end to the week for the ASX 200 (ASX:XJO) falling 1.9% but recovering from intra-day lows of 3.4% as US markets showed investors were ‘buying the dip’.

Sharemarkets around the world capitulated on Thursday as concerns of a second wave of the Coronavirus hit the US, the S&P 500 shedding (SPX:IND) 5.9% with only one constituent, grocery retailer Kroger’s Inc. (NYSE:KR) posting a positive return.

JB Hi-Fi (ASX: JBH) has given another update to the market. It’s expecting a big profit jump in FY20. About the company JB Hi-Fi is one of Australia’s largest device and home appliance retailers with its network of The Good Guys and JB Hi-Fi stores. JB Hi-Fi was established in 1974 by Mr. John Barbuto (JB),…

As working from home has become the new normal for most people, there are still many opportunities for advisers and investors to cut through the noise and hear insights from some of the best investment managers and research teams from a range of webinars and virtual roundtables being hosted online every day. Mirae Asset –…

The toughest asset sector in an investment portfolio is the fixed income. Putting aside the difficulties in convincing an investor to have an allocation to fixed income when the conversation is sprinkled with mind-numbing terms such as duration, curves, and spreads, the even greater problem is low yields. Blind Freddie (rubbery etymology, with likely reference…

Last year, one of Australia’s leading investors and fund managers walked into my office for a recording of The Australian Investors Podcast. I had just been scribbling some notes on my whiteboard about philosophy, discount rates and practical aspects of investing in high growth companies for the long run. He saw some of my chicken scratches,…

Magellan Financial Group has done some back office re-engineering to develop what it claims is the next generation of active exchange traded funds – a “one unit” product that allows investors to transact through off-market applications and through the Australian Securities Exchange. Magellan subsidiary Airlie Funds Management has listed the Airlie Australian Share Fund on…