Weekly Insights 6-10 September Economics here and abroad…AustraliaValue traders showed up on Friday after the week’s significant sell-off with the S&P/ASX200 (ASX:XJO) finishing 0.5 per cent higher. Almost every sector was higher, barring healthcare which fell 0.7 per cent after outperforming on Thursday, but by far the highlight was another rally in base commodity companies….
Neobank Volt has joined forces with cryptocurrency exchange BTC Markets (BTCM) to offer its banking services to its investors. It is the first partnership of its kind in Australia where a neobank and a cryptocurrency exchange have joined forces. It comes after the traditional Australian banks were accused of “de-banking” cryptocurrency operators, by denying them…
With reporting season over, the market shifts its focus back to Covid-19, the percentage vaccinated, and the likely impact lockdowns will have caused on company earnings. In some cases the impact will have been a positive one, but in many cases it will have been a negative. Roger Montgomery, founder and chief investment officer of…
Last week, Australia hit a significant turning point in its fight against Covid-19. The Federal Government outlined guidelines for states to follow by reopening most sectors of the economy for people once 70% of adults in the state have had two vaccine doses as early as mid-October. It’s a massive shift from what the…
The Australian IPO market is again heating up, with a handful of new listings hitting the bourse this week, many taking the opportunity to raise capital following the pandemic. According to the HLB Mann Judd IPO report, there were 74 IPOs in 2020, raising a total of $4.9 billion. The first half of 2021 has…
Stockbroking house Morgans has released its ‘best ideas’ research note for September. The paper outlays some of Morgan’s best ideas that offer the highest risk-adjusted returns over a 12-month timeframe supported by a higher-than-average level of confidence. Here are six of the firm’s best picks: Universal Store (ASX:UNI) – UNI’s main activity is the selling…
“Responsible” investments in Australia continue to grow at a mammoth rate, with their popularity soaring toward $1.3 trillion in 2020. This year’s Responsible Investment Benchmark Report, published by the Responsible Investment Association of Australia (RIAA), has shown assets under management (AUM) up $298 billion, or 30 per cent, to $1.281 trillion in 2020 pulling the…
Small and mid-cap global equity specialist, Bell Asset Management, this week released a paper outlining its best ideas for the rest of the year. In the paper, titled “COVID Opportunists,” the group has identified six global leaders that have emerged stronger through the pandemic. During a year when Covid-19 ravaged company earnings, these six companies…
What will the world look like in 2030? It’s an interesting question. With the rapid rate of technological change that has taken place, especially during the pandemic, the picture of 2030 is hard to imagine. Most of us struggle to look ahead more than a few weeks. Predicting the future with any level of…
Back in July this year, we covered the launch of L1 Capital’s L1 Catalyst Fund, which focuses on unlocking company value via shareholder activism. The group also runs a successful long-short listed investment company (LIC), with the shares now trading at around $2.50, well above the IPO price of $2. From its lows hit in…
