Share trading app, Superhero, this week launched its new “technology-enabled” super fund for Aussies wanting control over their super fund’s investments without needed to register as a self-managed super fund (SMSF). After conducting research on the matter, Superhero found that “80% of people would like to have a say in how their super is invested,…
Economics Ahead… Monday China: Caixin Manufacturing PMI (JUL) US: ISM Manufacturing PMI (JUL) Tuesday Australia: Home Loans (JUN) Australia: Building Permits Prel (JUN) Australia: RBA Interest Rate Decision Wednesday Australia: Retail Sales Final (JUN) Australia: RBA Chart Pack China: Caixin Services and Composite PMI (JUL) Thursday Australia: Trade Balance (JUN) Friday Australia: RBA Statement on…
Turning the tide After years in the doldrums, fund manager DNR Capital is increasingly positive on Telstra’s outlook. The fund manager’s chief investment officer, Jamie Nicol, recently outlined how Telstra (ASX:TLS) has faced disruption head-on, preferring to focus on new opportunities which have enabled it to be an attractive investment once again. DNR’s focus is…
Service Stream (ASX:SSM) is a company that operates in the background of an infrastructure project and is critical to the maintenance of that project. The company is a constituent of the S&P/ASX 300 index, and provides integrated end-to-end asset life-cycle services to utility and telecommunications asset owners, operators and regulators across Australia. To put that…
Rio Tinto (ASX:RIO) – Has delivered a bumper profit which exceeded expectations. The iron ore miner recorded a 1H profit of US$12.1bn on the back of booming iron ore demand from Chinese steel mills. The record profit number is more than double last year’s US$4.75bn. Net earnings jumped by 271 per cent to a US$12.3bn…
Despite the NSW, Victorian and South Australian lockdowns and protests that followed, the Australian share market is hitting record highs, and moving from strength to strength. Corporates are cashed-up and are poised to deliver a dividends bonanza, starting from the big miners to the banks. Buybacks and special dividends will be a key theme as…
The first quarter of 2021 saw renewed confidence in global equity markets buoyed by hopes that the global distribution of the Covid-19 vaccines will ultimately turn the tide against the coronavirus. Fiscal stimulus and vaccine rollouts have far exceeded expectations causing equity markets to overcome bouts of volatility. As a result, the Dow Jones Index…
Boutique investment firm Datt Capital has posted a 26.9 per cent return for the 2019-20 financial year, beating its absolute return benchmark. The unique Datt Capital Australian Equities Absolute Return Fund invests in a concentrated portfolio of Australian assets across multiple asset classes, but primarily debt and equity; is industry- and market-cap-agnostic, investing solely in…
ETF issuer VanEck has teamed up with Bentham Asset Management to launch its first actively managed exchange traded fund (ETF) of global capital securities. Global capital securities are similar in many ways to the preference shares or hybrids we know and love in Australia, but issued by a more diverse range of companies, sectors and…
As concerns grow about record-breaking US and Australian equity market valuations, the nascent recovery in Europe is opening opportunities for value seeking investors. That’s the view of ETF Securities, the multibillion-dollar exchange traded fund issuer and manager. In a recent article, the ETF Securities research team highlighted a number of companies exposed to the recovery…
