CPD: Local investment properties vs going global

From

Your house and the Australian share market Some domestic investors seek diversification by coupling Australian shares with domestic investment property (usually residential). However, we would argue that – at the extreme – these two asset classes could turn out to be highly correlated. How so? Consider the following: more than 35% of the S&P/ASX 200 […]

continue reading

Opportunity lies in quality companies for domestic equities, says DNR Capital

From

The Australian equity market continues to look relatively cheap, despite having produced positive returns for seven out of the past eight years, according to leading equity fund manager DNR Capital. “This is an extended run by historical standards and the price-earnings multiple of the market is trading towards the upper band,” says DNR Capital Chief […]

continue reading

Two compelling investments for the year ahead

From

Many typical investments don’t seem to offer much of a bargain these days. Government bond yields are well below long-term averages, thanks in part to the secular economic environment that PIMCO has dubbed The New Neutral, but also thanks to major central banks having suppressed long-term interest rates via ultra-low (sometimes negative) policy rates and […]

continue reading

Investors need to set realistic expectations for high-yield bonds

From

High-yield bonds have been on a solid run due to improving economic data, tightening credit spreads and fund inflows. Although they can play a strategic role in long-term portfolios, investors shouldn’t expect the current streak to continue forever says Kelley G. Baccei, High Yield Portfolio Manager at Eaton Vance, a leading global asset manager. “Indeed, […]

continue reading

CPD: Estate planning made simple

From

 An investment bond gives you certainty and simplicity in estate planning. Clients spend a lifetime saving and building their wealth, however without an effective estate planning solution, families can face dire consequences on death. These consequences may include: distribution to the wrong beneficiaries high legal fees lengthy delays in accessing estate proceeds erosion of wealth […]

continue reading

Australia’s all-weather banks

From

Does air quality in Beijing have anything to do with the property market in Australia? The answer is probably yes. Life in Australia, with its promises of clean air, abundant sunshine, quality education and universal healthcare, has attracted people from around the world. This demographic trend has had profound effects on the country’s housing market […]

continue reading

Field of screens: why eSports are the next frontier in global sport

From

The economics team at Payden & Rygel, manager of GSFM’s Payden Global Income Opportunities Fund, delves into the world of eSport, potentially the next great driver of consumer markets. It’s Friday night at Madison Square Garden—one of the most venerated entertainment venues on Earth. Sponsor banners adorn the packed arena. Inside the stadium a sell-out […]

continue reading

CPD: Global equities – Three key questions for 2017

From

Q1. With global equities almost back to new highs, should we treat this as a sign of optimism or a cause for concern in 2017? Some of the key changes that have taken place in markets over recent months are that: US growth prospects have improved, with President Trump’s policies likely to result in higher […]

continue reading

Political uncertainty makes gold great again

From

The gold price has surged back above US$1,200 per ounce as investors have poured back into the safe haven asset to protect themselves against uncertainty from Trump’s failure to provide clear details on how he plans to make America great again, according to Russel Chesler, Director, Investments & Portfolio Strategy, VanEck Australia. Gold ended 2016 […]

continue reading

Smaller IPOs deliver best returns in 2016: OnMarket report

From

Smaller initial public offerings (IPOs) easily outperformed larger IPOs on the Australian Securities Exchange (ASX) in 2016, while company floats as a sector delivered much better returns than the broader share market, according to OnMarket 2016 IPO Report. IPOs returned an average of 25.4%, more than triple the 7.5% delivered by the benchmark S&P/ASX 200 […]

continue reading