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Martin Currie, the active equity specialist investment manager of Franklin Templeton, says “as the global economy returns to growth, investors looking to catch the growth wave should be looking to emerging markets.” Alastair Reynolds, Portfolio Manager of the Legg Mason Martin Currie Emerging Markets Fund, agrees and says “Take one example. In 2021, the global…

Bitcoin, together with all the major cryptocurrencies, is taking a major beating this morning, after China came out and reiterated that “digital tokens cannot be used as a form of payment,” effectively banning the cryptocurrency. Bitcoin is now at its lowest level since early February, and Ethereum has lost more than 7%, with both cryptocurrencies…

Another weekly gain, inflation headwinds, Kogan canned, IPOs pulled The ASX200 (ASX:XJO) finished Friday on a positive note, up 0.2%, delivering a weekly gain of the same amount. For the day, only the materials and energy sectors finished lower, the latter on concerns of a boost in supply from Iran. The consumer staples and healthcare sectors were…

Shares bounce back, Victorian budget disappoints, mixed unemployment result The ASX200 (ASX: XJO) clawed back most of Wednesday’s losses, adding 1.3% on Thursday as the risk-on environment returned. The rally was powered ahead by the tech sector, 4.3% higher, along with property trusts, up 2.6%, and consumer discretionary stocks, up 1.7%. It was Qantas (ASX: QAN) that drove the…

Markets turn red, EML Payments dumped, China flags iron ore pressure The ASX200 (ASX:XJO) dropped the most in three months, finishing down 1.9% as a multitude of pressures hit the market. The materials and energy sectors both fell by around 3.0%, the former sold off after Chinese representatives flagged their intention to reduce the country’s reliance on…

They say that career risk is among the biggest factors that drives the perceived underperformance of most active managers. The evidence suggests that as successful managers attract more capital and their remuneration increases, they tend to regress back to the benchmark. But why is this so? With success comes more assets under management and eventually…

It was roughly 10-years ago now, that Nick Griffin, Chief Investment Officer at Munro Partners, marched into our Melbourne office and gave a presentation on how a Bookstore would one day turn into a Superstore. We thought he was crazy. Remember when Amazon sold only books? It’s hard to imagine that it was that same…

It’s mid-May 2021, hopes are swelling that the pandemic may soon be behind us as vaccines are distributed around the globe, and inflation fears are rising as investors look to some form of normality. What investors may find is that it is becoming tougher to generate similar double-digit returns that we saw last year in…

ASX hits four day high, gold shining again, growth bubble stalling  The ASX200 hit a four-day high, finishing 0.6% to the positive on Tuesday; showing the short-term focus of the market at the moment. The energy and materials sectors were the biggest contributors, jumping by 1.6% each. For energy, it was the case of oil prices hitting…

Dip buyers emerge, ASX moves higher, EML Payments enters trading halt, Nuix continues to fall The ASX200 (ASX:XJO) fell throughout the day despite a positive open, finishing 0.1% higher as dip buyers emerged following last week’s unexpected sell-off. The IT and energy sectors were the stories of the day, with the former returning to normal heading 1.2% higher…

2020 was an interesting year. Horrific bushfires, a pandemic followed by months in lockdown and a recession, just to top it off. But amid all the chaos, the economy staged a remarkable recovery opening up an opportunity for a gig economy to flourish. Coronavirus brought forward digitisation and working autonomously. This meant employers and employees…

As investors start to look past the pandemic, the economic cost and scarring from Covid-19 has been significant. The International Monetary Fund (IMF) says “unlike the 2008 crisis, emerging markets and developing economies are expected to suffer more scarring than advanced economies”. In the same way that the US and Australia were able to provide…