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Financial Planner’s morning report – Wednesday

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.

Drew Meredith | 17th Jun 2020 | More
Institutional investors reveal COVID-19 impact

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…

Drew Meredith | 17th Jun 2020 | More
  • Financial Planner’s morning report – Tuesday

    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…

    Drew Meredith | 16th Jun 2020 | More
    Financial Planner’s morning report – Monday

    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’.

    Drew Meredith | 15th Jun 2020 | More
  • Financial Planner’s morning report – Friday

    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.

    Drew Meredith | 12th Jun 2020 | More
    JB Hi-Fi expects big profit jump in FY20

    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),…

    Jaz Harrison | 11th Jun 2020 | More
    Upcoming webinars and virtual round tables

    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 –…

    Annabelle Dickson | 11th Jun 2020 | More
    It’s gotta be bonds?

    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…

    Geff Gebler | 11th Jun 2020 | More
    Simple rules for creating a lifelong investment portfolio

    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,…

    Owen Raszkiewicz | 11th Jun 2020 | More
  • Magellan’s next generation ETF is a ‘potential game changer’

    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…

    Annabelle Dickson | 11th Jun 2020 | More
    Financial Planner’s morning report – Thursday

    The ASX 200 (ASX:XJO) managed to hold onto a small gain on Wednesday, adding 3.5 points despite dropping 1% at the open. CSL Ltd (ASX:CSL) almost singlehandedly floated the market, with its 2.6% rally adding 10 points to the ASX 200 alone.

    Drew Meredith | 11th Jun 2020 | More
    Financial Planner’s morning report – Wednesday

    The ASX 200 (ASX:XJO) delivered a sixth straight day of gains, taking the run to over 6%, as it finished up 2.4% on Tuesday following the public holiday in Victoria.

    Drew Meredith | 10th Jun 2020 | More
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