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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…

Commodities as an asset class have always inspired vigorous discussion, from academics who question the risk premia to investors who are wary of the relatively short cycles. But the current environment is looking very good, at least on the cyclical front. Two of Australia’s most experienced commodities specialists, brothers Andrew and Mathew Kaleel, believe that…

Omega Global Investors has broken out of the image of being a fixed-income only house through the launch this month of an ‘equity income’ fund, run by new recruit John Moore. The move coincides with the opening of a Sydney office. Omega is a Melbourne based boutique which started out in 2008 in indexed and…

The AIMA Australia Forum, the biggest hedge funds and alternatives conference on the Australian calendar, is expanding by offering concurrent streams for attendees this year. The Forum is on September 12 at the Sofitel Wentworth in Sydney. Against the backdrop of improved investment conditions and a resurgence of interest in alternatives strategies, according to a…

by David Chaplin ANZ Investments has reshuffled and added to its Auckland-based team after repatriating some core portfolio management functions from Australia where the bank’s wealth division is looking to outsource manufacturing. In a note to clients, ANZ says the newly-established Investment Implementation Team (IIT) in Auckland would now host a raft of responsibilities formerly…

Bob Henricks, well-known Queensland industry fund trustee, has joined the board of Coolabah Capital, the $1.2 billion credit manager, which has strengthened both its governance and management in recent weeks. The manager has also recruited Ashley Kabel, a former hedge fund manager, as a portfolio manager. He joins from Cambridge Strategies in the UK where…

“If it ain’t broke, then break it” is not a bad way of thinking for active fund managers – not just contrarians and value managers; all active managers. And, it seems, journalists can help with that thought process. According to Matthew Benkendorf, the CIO and managing director of global manager Vontobel Asset Management, his portfolio…

Here’s a party trick: how many factors are there? Most investment professionals can name a dozen or so. Chris Briant, the managing director of Parametric Portfolio Associates in Australia, believes there are at least “several hundred” but only a handful that really matter. Parametric, the global specialist implementation manager, has recently started to push its…

BNP Paribas Investment Partners believes that European assets may be at a turning point compared with US assets. But the global manager thought the same thing about this early last year too. So its optimism is cautious. Visiting Australia and New Zealand last week, Daniel Morris, the firm’s London-based investment strategist, said that the earnings…

Passive investing could pose a threat to global financial stability if the sector’s growth continues unabated, according to a new International Monetary Fund (IMF) study, published last week. In an updated chapter to its ‘Global Financial Stability’ report, the IMF says the prolonged low-rates, low-return period has given a tailwind to the “already remarkable growth”…