Investor short-sightedness to the detriment of returns

From

The Australian sharemarket has doubled investors’ money since the bottom of the GFC – something that seemingly goes unnoticed by many commentators – and investors are risking potential returns by concerning themselves with future economic uncertainty, according to Bennelong Australian Equity Partners’ investment director, Julian Beaumont. Studies into the psychology of loss aversion show investors feel losses

continue reading

Reporting season wrap: where to now for investors

From

The ASX was up strongly in February, indicating a positive investor reaction to reporting season, says Julian Beaumont, investor director with BAEP. “The market mood was somewhat nervous leading into reporting season, with many fund managers perceiving significant earnings risk. Stirring these nerves, the few downgrades pre-announced before February were treated harshly, even when they

continue reading

Synchronised global growth proving good investment opportunities

From

The global economy is experiencing synchronised growth creating good opportunities for investors locally and internationally, according to Bennelong Funds Management’s investment partners. Julian Beaumont, investment director at BAEP, says the upcoming ASX reporting season will be closely watched by the market, but the expectation is that it will be generally positive. “Despite a strong last

continue reading

Current market risk overstated – BAEP

From

While it is wise to be wary in today’s market environment, there is no need for investors to feel overly anxious about the outlook for investment markets, says Julian Beaumont, investment director at BAEP. “The key thing for investors to keep in mind is that now isn’t the time to panic about things like whether

continue reading

Look for companies set to benefit from innovation

From

Despite recent talk about ‘disruptors’ and the impact that new companies can have on traditional marketplaces, investors shouldn’t assume that ‘innovation’ necessarily means disruption and fear the worst for their portfolio. “Innovation and disruption are part of capitalism, and have been happening for a long time,” says Julian Beaumont, investment director at Bennelong Australian Equity

continue reading

Turnarounds offer good opportunities but also high risk for investors

From

Companies on the cusp of achieving a turnaround in their fortunes can offer savvy investors the opportunity to invest in quality that may not be readily apparent to others; however successful turnarounds are rare and often difficult to identify in advance, says Julian Beaumont, investment director at BAEP. “The idea of identifying opportunities that are

continue reading

The art and science of quality

From

Quality. As an investment term, it’s often touted, but not always well understood. Julian Beaumont of Bennelong Australian Equity Partners (BAEP) explains the term and how to use it to orientate long-term investment returns. A bias towards high quality companies naturally comes with the question of how to define quality. The answer is not straightforward

continue reading

Bennelong Twenty20 Fund ‘highly recommended’

From

After just five months in the market, the Bennelong Twenty20 Australian Equities Fund has received a ‘highly recommended’ rating from Zenith Investment Partners*. The fund is managed by Bennelong Australian Equity Partners (BAEP) and combines a passive, market cap weighted exposure to the S&P/ASX 20 Index with an actively managed investment in a selection of

continue reading

Short-termism a challenge for investors

From

Australian share market investors are increasingly focused on unsustainably quick gains rather than long-term growth, says Julian Beaumont, investment director at BAEP, in his recent paper entitled: A long story told short. “We no longer own equities, we rent them. Three decades ago, the average holding period for Australian shares was more than six years.

continue reading

Risk management to challenge investors

From

Equity and property markets are continuing to adjust to changing economic drivers, meaning investors must do their research carefully if they are to manage risk, according to Bennelong Funds Management’s boutique managers. Julian Beaumont, portfolio manager at Bennelong Australian Equity Partners (BAEP) said reporting season was largely as expected, but there were signs of challenges

continue reading