Strong momentum in the IPO market has continued unabated, with 61 new listings in the first half, according to the latest IPO Watch Australia Mid-Year Report issued by HLB Mann Judd. Marcus Ohm, partner in the firm’s corporate and audit services division, highlights that there was a significant increase from 12 listings for the same…
Platinum Asset Management delivered its quarterly report last week, which was largely a mixed bag of results. Five of the eight funds beat their respective benchmarks while the remainder missed. Of those that outperformed, the Platinum International Brands Fund, Platinum Global Fund and the Platinum Japan outperformed convincingly. However, one of Platinum’s biggest active funds,…
If you’ve been watching or own shares in the wealth platform space, you’d be punching the air in delight as the three innovative new generation platforms hit record highs amid a sea of consolidation and disruption. Netwealth and HUB24 are often labelled as the original pioneers of disruption as they began to threaten the status…
IPOs are a special breed of investment. Defying all the fundamental investment rules, a successful IPO can rise ten times its issue price all on the back of ‘hype’ or the potential for future earnings. A good example of this was online food ordering and delivery platform DoorDash in the US. Shares in the IPO…
Start-up hopeful TechLend is disrupting the lending market by offering homebuyers interest-free, paperless, bridging loans with same-day pre-approval. Having dubbed itself as the “Afterpay of home loans,” challenges lie ahead in the company’s mission to deliver for customers. The business is the brainchild of Aaron Bassin and mortgage broker Nick Jacobs, who had become frustrated…
Charlie Aitken’s AIM Global High Conviction Fund delivered a solid update to investors this week following an eventual financial year. In his role as portfolio manager, Aitken discussed individual stock ideas in the portfolio and the fund’s preference for businesses that could earn sustainably high returns on capital, while sticking with quality. While not shooting…
In its latest report, Morningstar has revealed its analysts’ economic outlook as well as top stock picks across 11 industry sectors. Published as part of the Quarterly Morningstar Australia and New Zealand Equity Market Outlook Q3 2021 report, the research firm has a number of strong positions. To sum it up, analysts found the broader…
For the first time in quite a while, Australia’s national telecommunications giant Telstra (ASX:TLS) looks to have turned a corner. Last week, the telco’s share price popped by 5.15%, and TLS is looking better and better every day. The stock has been quietly recovering, rising 27% in the year to date. The recent rise came…
Australia, ‘the envy of the world,’ emerged from the pandemic relatively unscathed while the rest of the world was brought to its knees. It’s times like this, that our ‘lucky country’ status (albeit, a status coined sarcastically by author Donald Horne in 1964) really rings true. Of course, it’s not just luck, thanks to the…
For those that aren’t Buying Now and Paying Later, get with the times. According to a survey conducted by e-commerce platform BigCommerce and PayPal; “62.5 per cent of respondents reported doing most of their purchasing online. Close to half said they’re discovering new products on social media at least once a month, and 66.7 per…
