News

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…

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…

Volatile week ends at records, Star withdraws offer, Silverlake swimming The ASX 200 (ASX: XJO) managed to deliver another positive week, despite finishing just 0.1% higher on Friday.  The benchmark added 0.6% over the week, pushed higher by a recovery in the healthcare sector, which added 4.7% behind CSL Limited (ASX: CSL) being 5.7% higher despite any real news….

Miners send ASX to record, lithium boom 2.0, Zip tanks The ASX 200 (ASX: XJO) powered to a record close despite a bumpy start to the week, with the materials sector sending the market 1.1% higher. Materials jumped 2.2% and energy 2.5% with healthcare being the only detractor as the cyclical story returned. The highlight was lithium…

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…

Reality bites, Oil Search gets a bid, AUD hits seven month low Defensive earnings remained sought after on Tuesday with the healthcare sector outperforming once again, adding 1% behind CSL Limited (ASX: CSL) which finished 1.3% higher. Growing global outbreaks of the Delta strain have shaken markets but the ASX 200 (ASX: XJO) was able to overcome an initial…

ASX hit, defensive rotation begins, Oil Search loses MD, Telstra takes on China  The ASX 200 (ASX: XJO) strengthened throughout the day, ultimately finishing 0.8% lower despite being as low as 1.1% during the morning session. The mining and energy sectors were weakest on concerns of a global outbreak of the Delta variant, with both falling by…