Risk on, Altium offer pulled, property rallies, Lendlease selling, and Kogan on track It was ‘risk on’ once again for the ASX 200 (ASX: XJO) with the market up over 1% during the day but ultimately finishing 0.8% higher. The strength was broad-based with just two sectors, industrials and IT finishing lower, as both materials and real…
Research firm Chant West this week released its superannuation industry report, tracking the performance of both industry and corporate super funds. Not unexpectedly, media headlines were dominated by the sector delivering the strongest returns since 1996-97. According to the firm’s analysis, the median My Super Growth plan delivered a return of 18.0% for the financial…
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…
Investment markets, driven by the proliferation of information and data, appear to be more short-term-focused than ever. Yet the most successful investors are typically those able to look beyond the short term, and identify the most important global and local themes occurring at any given time. An important part of this process is understanding what…
