‘Sufficient income for life’ the new retirement paradigm

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In a major update on their research-based approach to retirement income portfolio construction, leading active equity investment manager Martin Currie Australia reaffirms that retirees need to rethink the use of typical defensive portfolios based on risk/return theory and adopt a ‘sufficient income for life’ approach. Martin Currie highlights in their newly released research paper[1] that the sufficient

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Martin Currie expands ESG analysis to include Carbon Value at Risk and U.N. Sustainable Development Goals, focus areas include modern slavery and climate change

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Martin Currie, the active equity specialist investment manager of Franklin Templeton, and steward of A$25 billion in assets under management as of February 28, 2021, has significantly enhanced its analysis of environmental, social and governance (ESG) factors. In its newly published annual stewardship report[1], Martin Currie outlines its activities over the past year, which include mapping

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Zenith upgrades the Legg Mason Martin Currie Equity Income Fund rating to ‘Highly Recommended’

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In its most recent sector review, Zenith Investment Partners (Zenith) has upgraded the Legg Mason Martin Currie Equity Income Fund rating to ‘Highly Recommended’. Launched June 2011, the Legg Mason Martin Currie Equity Income Fund has since been at the forefront of retirement income solutions in Australia. The objective of the strategy is to provide a sustainable

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Springtime value for Australian equities

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Legg Mason’s affiliate Martin Currie says that despite the ‘green shoots’ in consumer spending leading into the recent reporting season and company results being broadly in-line with expectations, the EPS revisions by brokers post-results had the worst ratio of downgrades to upgrades in over 10 years[1]. Martin Currie Australia’s Chief Investment Officer, Reece Birtles notes: “The ‘green shoots’

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Budget surplus to drive consumption

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The Federal budget is expected to be in surplus for the first time since just prior to the global financial crisis in 2008. Economic forecasters are suggesting a surplus level of around A$15 billion. Ahead of today’s Federal budget, Reece Birtles, Chief Investment Officer, Martin Currie Australia, a Legg Mason Affiliate, says: “The Australian economy

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What we’ve learned so far, this reporting season – Proposed franking changes front of mind

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Australia’s semi-annual reporting season is almost coming to an end. Profit results are being clouded by negative sentiment on politics, financial conditions and house prices. “But politics is also creating an interesting dynamic for dividends and capital management,” notes Reece Birtles, Chief Investment Officer, Martin Currie Australia, a Legg Mason equities investment affiliate manager. He

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Reporting season dominated by cost pressures and high P/E- What does this mean for investors?

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The current Australian reporting season has largely overlooked the fundamentals, instead rewarding stocks with high P/E ratios regardless of lackluster earnings, according to the active equity specialist Martin Currie, an affiliate of Legg Mason, one of the world’s largest funds management groups. Martin Currie Australia, Chief Investment Officer, Reece Birtles says that despite the positive economic backdrop,

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Reporting season wrap-up: This time it’s different!

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Strong sales growth across industry sectors was a stand-out feature of the February 2018 reporting session, according to the active equity specialist Martin Currie, an affiliate of Legg Mason, one of the world’s largest funds management groups with A$962 billion in funds under management[1]. Martin Currie Australia Chief Investment Officer (CIO) Reece Birtles says that

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Martin Currie predicts value stocks to shine in 2018

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Martin Currie Australia, a leading Australian equity affiliate of the global fund manager Legg Mason, says low volatility, high-quality, high-growth stocks could suffer in a growing economy – as well as being vulnerable to increasing discount rates from higher bond yields. In its 2018 Active Outlook report, Reece Birtles, Chief Investment Officer, Martin Currie Australia,

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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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