Super fund members have been “spared the worst,” while the outperformance of the top ten funds was generated by active management and chunky allocations to private markets.
The hunger for sustainable investing continues apace with Perennial winning a $100 million mandate from Mercer Investments for its Better Future small- and mid-cap strategy.
While value has been the winner of the recent market rout and growth the loser, a zealous adherence to either style could see managers burned by economic downturn.
Jeremy Grantham’s “wild rumpus” appears to have well and truly begun. But it might only be the beginning of a gloomy period for markets. Jeremy Grantham, chief investment strategist of GMO and part-time prophet of doom, has been unusually quiet of late. One would expect the severe market dislocation we’ve been experiencing since the start…
With a new CEO at the helm, the charitable listed investment companies (LICs) first set up by Geoff Wilson in 2014 will now start funding organisations focused on addressing mental health issues before they occur. The two Future Generation LICs, focusing on domestic equities (Future Generation Australia, ASX:FGX) and global equities (Future Generation Global, ASX:FGG),…
While markets have so far shrugged off the inevitable rate rises, there’s plenty more to come – and the global outlook keeps getting gloomier. The Federal Reserve’s decision to unleash massive monetary stimulus in the early days of Covid-19 (and in nearly every economic crisis before it) ushered in a brief golden age for markets….
A time of great change is upon global markets – and the ‘winners’ that everybody is backing might not be the winners at all. It’s essentially an orthodox view among fund managers that the incumbents in any industry will “win” the transition to green energy. After all, they already have the infrastructure in place, stable…
Implausible doesn’t mean impossible. But it remains to be seen whether the “creative destruction” that ARK Invest is banking on can trump the possibility that we’ve been in a bubble all along. They’re what legendary investor/prophet of doom Jeremy Grantham calls “super-crazies” – the wildly overvalued assets that start to appear shortly before the bubble…
The recovery from 2020’s “massive period of turbulence” hasn’t lifted all boats, and there are still plenty of bargains to be had if you know where to look. Gareth James, Morningstar’s Sydney-based equity research strategist, expects Link Administration Holdings (ASX: LNK) , for instance, to bounce back from “a tough few years” of regulatory changes…
