Zenith upgrades Tribeca Alpha Plus Fund to ‘Recommended’ as funds under management approach $1 billion

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The Tribeca Alpha Plus Fund has been upgraded to a ‘Recommended’ rating from research house Zenith, as its funds under management approach the $1 billion mark. The fund, managed by Sydney-based Tribeca Investment Partners and distributed by GSFM, offers investors an actively managed long/ short investment approach to Australian equities. The ratings upgrade comes two years

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Sydney COVID outbreak signals only (very) marginal tweak from the RBA despite strong labour market

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Even before the Sydney COVID-19 outbreak the prospect for any major shift in policy from the Reserve Bank of Australia (RBA) was remote. A cautious US Federal Reserve (the Fed) and the Sydney COVID-19 outbreak mean that any changes announced on 6 July will be very much at the margin only. That is not a

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CPD: Trend following strategies and crisis alpha

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Trend following strategies capture upward and downward trends in traditional markets; this has made such strategies popular alternative investments for financial advisers looking for assets uncorrelated with equities, bonds and property. This article from GSFM – which distributes the Man AHL Alpha (AUD) strategy – examines trend following strategies, how they can provide alpha during

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Market commentary: Markets focussed on May CPI; Fed being given the benefit of the doubt

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1. Markets focussed on May CPI. Fed being given the benefit of the doubt but there is doubt! All eyes tonight on the May CPI report. The market expectation is for a ‘headline’ rise of 0.4% mom or 4.7% yoy and for the ‘core’ arise also of 0.4% mom or 3.4% yoy. Such an increase

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Are you experienced? (Apologies to Jimi Hendrix)

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While continuing to acknowledge a more positive outlook as far as growth and employment are concerned, the absence of any “lived experience” of price or wage inflation will likely see the RBA continue with the application of historically high levels of monetary accommodation, at least in the very near-term. More importantly, I expect the Governor

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Markets give the Fed the benefit of the doubt – but there is doubt

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The inflation scare on the back of April’s CPI ‘blowout’ appears to have abated somewhat. A concerted effort from key Federal Reserve speakers, who have sought to cast any inflation as “transitory”, appears to have worked, as bond yields have retreated from their highs and equity markets have ground out rallies. Fed Vice Chair Richard

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CPD: Long/short investing – a strategy to capture equity market exuberance

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What is a long/short strategy? A long/short equity strategy is designed to take advantage of the upside of markets, while minimising potential downside risks. The strategy seeks to profit from share price appreciation in its long positions and price declines in its short positions and aims to provide investors with returns that beat the benchmark,

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Too much rather than too little remains the least risky pathway for the RBA

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There were no real surprises in RBA Governor Lowe’s Statement issued following the latest RBA Board meeting. While continuing to acknowledge a more positive outlook insofar as growth and employment are concerned, the absence of any evidence of significant price or wage inflation saw the Governor again stress that the  RBA will  continue with the 

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CPD: Moore’s Law and the race for the rest of the chessboard

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Gordon Moore, the famous founder of Intel, set forth his prediction in 1965 that the number of transistors per silicon chip should double every two years. In this this paper from GSFM’s investment partner, equity income specialists Epoch Investment Partners, Moore’s Law[1] and its support of the semiconductor industry is examined. Thanks to human ingenuity

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The wealth effects of climate change

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Addressing a group of financial advisers during a recent webinar, Munro Partners CIO Nick Griffin called climate change the ‘biggest S-curve’ – or greatest investment opportunity – of his lifetime. This article from GSFM Pty Ltd explores the S-curve and climate change, and what both mean for investors. Investing is a game of winners and

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