“I am unable to think of any critical, complex human activity that could be safely reduced to a simple, summary equation”. Jerome Powell, Chairman of the US Federal Reserve This quote seems apt given the three months that has just passed. Whether in terms of the impact of the pandemic, government and central bank responses,…
Leading investment bank JP Morgan this month released an article titled ‘Are commodities still a good inflation hedge amid decarbonization’. The piece, penned by Kerry Craig, Ian Hui and Gareth Lam, offers a detailed analysis of what may be one of the most popular ‘reflation’ trades occurring at the present time. One would struggle to…
It has been a difficult for years for the ASX, operationally at least, with a number of high-profile market outages impacting on trading and then the launch of their new website receiving negative feedback. Despite all the headlines the company remained remarkably resilient during the pandemic sell off, recovering short-term losses quite quickly and subsequently…
A recent comment from the chief investment officer of the massive CBUS industry super fund highlighted a theme that is becoming highly prevalent in the industry; the power of momentum. In an interview following what may be a record financial-year performance of around 19%, the CIO mentioned that the fund had made a $4 million…
As highlighted in this article the Listed Investment Company sector has become a major focus of fund managers and investors alike in recent months. Last week, Magellan announced that they will be converting their Magellan High Conviction Fund (ASX:MHH) into an active Exchange Traded Fund or ETMF. This comes shortly after the long-standing Monash Absolute…
Not a day goes by that we don’t hear about the massive semiconductor shortage created by the pandemic. Supply chains around the world which span Europe, Asia the US and most importantly Taiwan are struggling to come to terms with a massive surge in demand for computer chips at a time when the ramp up…
The name is synonymous with investing in Australia, yet Magellan Group remains non-existent in many direct share portfolios. Having been founded in 2006, the group under the leadership of Hamish Douglass has grown to manage over $100 billion in assets and deliver profits exceeding $200 million a year. I’ve always struggled to understand the investment…
Fear is a great selling tool; it may in fact be the best. This is a commonly accepted fact when it comes to media, particularly in relation to financial matters. Headlines that highlight the “$50 billion dollars lost” when the share market falls tend to forget to mention that the market is valued at more…
The end of the financial year is closing in fast after what has been a tumultuous period for many in Australia. Despite a reasonably uneventful year for superannuation legislation and policy changes, opportunities abound for superannuants and investors of all kinds. One of the most important roles of a financial adviser is to prompt and…
Prime Minister Scott Morrison took the opportunity at this week’s Liberal Party Meeting to confirm that the minimum pension drawdown standards would be reduced for another financial year. The so-called COVID-19 measures were set to apply for the 2019-20 and 2020-21 financial years in light of the ‘financial losses’ experienced by investors during the pandemic….
