ETF Securities has won the race to list Australia’s first cryptocurrency ETF, ending a long drawn out battle among ETF providers. Australia’s first Cboe exchange-listed bitcoin and Ethereum ETFs are set to launch on Thursday, giving investors long-awaited access to both cryptocurrencies. A delay stalled the previous launch date of April 27. ETF Securities and…
In the wake of Covid lockdowns in Shanghai, investors are being warned to remain alert to shifts in China’s zero covid policy. According to Datt Capital founder and chief investment officer, Emanuel Datt, “China is the engine room of the global economy, and any further extension of lockdowns geographically will weigh heavily on the global…
Last week I met with Monochrome Asset Management’s chief operating officer and head of digital markets, Jeff Leal, to chat about all things Bitcoin and crypto. The asset manager is one of the few daring enough to launch its own Monochrome Bitcoin Fund, which is a capital-growth fund offering a regulated and familiar investment vehicle…
Unlisted Australian Direct Property has emerged as the standout investment sector throughout Covid-19. The cream of the sector has rewarded investors, with some returns above the 40 per cent mark, outpacing most ASX sectors. And it comes at an opportune time, just as the RBA announces an interest rate rise on the back of a…
Australia’s leading micro-investing app, Raiz (ASX:RZI), posted its 3Q financials late last week, and they came in largely as expected. The platform has burst through the $1 billion funds under management (FUM) level, recording a rise of 46.7 percent year on year to $1.02 billion at the end of the quarter. Some of the highlights…
A stock that often flies under the radar is packaging company Orora (ASX:ORA), whose shares are hitting all-time highs with no sign of stopping. In fact, from its pandemic low-point of $2.20 in September 2020, the stock has gained 77 per cent, to $3.89. And, unlike most Covid-Winners, whose share prices have reversed post-Covid, Orora…
Stockbroker and wealth manager Morgans has released its “best ideas” paper, which outlines the broker’s best ideas offering the highest risk-adjusted returns over a 12-month timeframe supported by a higher-than-average level of confidence. They are also the broker’s most preferred sector exposures. Here are six of its best picks: Wesfarmers (ASX:WES) – Large-cap idea –…
The March quarter is well and truly over. Unfortunately, the war in Ukraine is not. Chart 1: World equity market returns – March Quarter 2022 Looking at the world chart above, equity markets tumbled across the board in the quarter, except for some small pockets in Singapore and Australia. According to Ausbil, much of it…
The demand from investors for “sustainable” investment products has doubled in the past two years. There are now so many options available for investors to choose from, it can be difficult to choose the right product that aligns with one’s sustainability goals. If you aren’t sure what stocks to buy, a good way to gain…
From humble beginnings, when it listed on the ASX in April 1996, Steadfast Group (ASX:SDF) has grown exponentially, and is now Australasia’s largest general insurance broker network, comprising brokerages with more than 500 offices across metropolitan and regional Australia and New Zealand. Considered a market leader and an innovator in insurance broking, Steadfast has been…
