Sort By
  • Newest

  • Newest

  • Oldest

  • Author Name

  • Author Name

  • David Chaplin

  • Drew Meredith

  • Giselle Roux

  • Greg Bright

  • James Dunn

  • Lachlan Maddock

‘Think differently to the next guy’: Paradice on why fundies falter

“If you have style drift and you move into the latest hot thing, you’re gonna get whipsawed… That’s usually the death knell of a fund manager, that style drift.”

Lachlan Maddock | 12th Aug 2022 | More
The ‘high powered mutants’ are driving the bear rally

It’s the end of an era as the bear emerges from hibernation. So who’s staying in, and who’s doubling down? It’s fear and loathing season, but equities continue to rally. This is funny to watch, for the simple reason that it gives us an opportunity to imagine the kind of investor partaking in (and driving)…

Lachlan Maddock | 2nd Jun 2022 | More
Morningstar’s wake-up call for theme-dreamers

Global research house, Morningstar, has prepped investors for disappointment amid a boom in thematic funds. In a new report on the sector, the researcher notes that while thematic funds have experienced record growth in recent years as well as outperformance, history suggests the good times won’t last for long. “Over the past 15 years, more…

David Chaplin | 20th Apr 2022 | More
  • Don’t take blue chips for granted: Marks

    Today’s investors are “riding for a fall”, according to Oaktree Capital founder Howard Marks. Markets could well be in for a repeat of the Nifty Fifty. When Howard Marks was just starting his career in finance in 1969, the preceding 20 years had been “a “mostly unchanging backdrop… in front of which events and cycles…

    Lachlan Maddock | 26th Nov 2021 | More
    You can’t teach an old manager new tricks: Hyperion

    Active manages have failed to heed changing times – and changing markets. But while Hyperion doesn’t do “concept stocks”, it’s got its eyes on plenty of disruptors. The great elephant in the room for active managers has been their inability to outperform the index long-term. Around 93.4 per cent of international equity managers and 86.3…

    Lachlan Maddock | 26th Nov 2021 | More
    The rise and fall (and rise and fall) of thematic investing

    The 2020s are set to be the years of thematic investing – but so were the early 2000s. And the more things change, the more they stay the same. One of the problems in thematic investing is figuring out what’s a theme and what’s just plain old trendy. But that problem is also a problem…

    Lachlan Maddock | 8th Oct 2021 | More
  • Why Cathie Wood believes in the ‘super-crazies’

    Implausible doesn’t mean impossible. But it remains to be seen whether the “creative destruction” that ARK Invest is banking on can trump the possibility that we’ve been in a bubble all along. They’re what legendary investor/prophet of doom Jeremy Grantham calls “super-crazies” – the wildly overvalued assets that start to appear shortly before the bubble…

    Lachlan Maddock | 23rd Sep 2021 | More