Profit season reaction shows investors’ priorities: Martin Currie  

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Investors’ responses to the profit reporting season suggest that the market is still rewarding those companies that can produce results in a weak revenue environment, rather than rewarding those investing for the future, according to Legg Mason’s Australian equities affiliate, Martin Currie Australia’s analysis of market reaction to the results. Profits in the year to […]

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ASIC facilitates crowd-sourced funding by public companies

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The Australian Securities and Investments Commission (ASIC) has released guidance for public companies and crowd-funding platform operators to support them in using the new crowd-sourced funding (CSF) regime, which commences on 29 September 2017. ASIC Commissioner John Price said, ‘Crowd-sourced funding provides an opportunity for small to medium-sized businesses to access an alternate source of […]

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Commentary on North Korea – markets developing ‘Kim-fatigue’

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“The most likely scenario for U.S./North Korea relations remains an uneasy status quo. First, outright military conflict seems unlikely. North Korea will continue to irritate the US and Asian allies with missile tests, but Pyongyang surely recognizes that any strike would bring an overwhelming response. “Likewise, the US has few good options for effectively reining […]

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Man Group announces strategic partnership with Grant Samuel Funds Management

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Man Group yesterday announces a strategic partnership agreement with Grant Samuel Funds Management (GSFM), positioning Man Group and GSFM to offer new investment products to retail investors in Australia and New Zealand. GSFM will additionally become primarily responsible for retail distribution of Man Group’s flagship Man AHL Alpha (AUD) fund. The partnership will leverage Man […]

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Perpetual Corporate Trust appointed Responsible Entity of Ophir’s High Conviction Fund

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Highlighting the growing need for independent Responsible Entity (RE) providers, Perpetual Corporate Trust has been appointed as the RE of Ophir Asset Management’s High Conviction Fund. Perpetual Corporate Trust General Manager Andrew Cannane said: “Our expertise as an independent RE is in higher demand than ever as we see an increase in responsible entity transactions, […]

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ANZ Wealth white paper advocates change for sustainable insurance industry

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ANZ Wealth yesterday released Life insurance: the case for change, a white paper analysing challenges shaping the life insurance sector, including shifting consumer expectations, increased scrutiny and regulation, pricing pressure and high-tech disruptors. ANZ Wealth Head of Life Insurance, Gerard Kerr said: “The white paper examines how we can build a sustainable industry that protects […]

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RBA policy suggests mining slump is over, says Principal Global Investors 

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Global economic engine is chugging along “The synchronised global economic expansion now underway is the latest in a series of transitions the world economy has recently experienced. In 2015, the world was near recession from the surge in the U.S. dollar and the collapse in oil prices that began mid-2014. Last year, a recovery began after […]

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The time is right to invest in emerging markets

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Investing in emerging markets is not for the faint hearted. When people get nervous about equities, they tend to sell out of emerging markets and vice versa.  Unexpected political problems, such as corruption or weak economic growth, can also quickly derail a market.  However, there are many reasons and strong structural trends supporting emerging market […]

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CPD: Australia, the lucky country (or is it?)

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Has Australia dodged another recession bullet? Since 2012, one of Australia’s biggest economic threats has been the collapse in mining investment. It was the associated capex boom pre- and post-GFC that sustained Australia’s economic performance. But as projects came to an end in 2012, there was an expected drag on that performance. Enter the Reserve […]

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Global market and economic review

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The market ended last week in a cautious mood, with Florida in a state of emergency due to Hurricane Irma and the continued fears that North Korea would carry out another missile test over the weekend. Investors were wary and safe haven assets were well bid. As the worst case scenario for Irma failed to […]

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