This week, First Sentier made headlines with its decision to hand $14 billion back to investors. The firm, with $238 billion under management and owned by Japan’s Mitsubishi UFJ Trust since 2019, announced that it would close its Australian fixed income, global credit, emerging companies, and equity income units.
The firm’s global head of investment ...
The more I write about retirement, the more I learn. And the more aware I become of what seems to be an alternate reality or parallel universe when it comes to how much money Australian retirees will actually need.
On the one side is the rather chirpy spin which paints a vision of an ideal retirement, presumably available to most, underpinned by secure ...
Year to date, the ASX 200 is up 1%. That gain, however, is yet again lagging the performance of key US indices.
The difference in performance is not something that only happened this year. The US has been outperforming for 16 years, which is the longest streak ever. The size of the performance gap has equally never been as wide, with the gap truly ...
As the custodian of other people’s money not only are we focusing on the preservation of capital, but we are constantly seeking out relative value opportunities as well. These opportunities, which present constantly, are largely a function of a combination of the complexity of the underlying securities and the relatively unsophisticated investor base ...
In a recent article on Firstlinks on the extraordinary growth in the Magnificent Seven, the US’ mega-cap tech giants, and the resultant level of concentration in the S&P500 and Nasdaq indices, one reader commented that the level of concentration seen in US markets is actually rather low compared to other developed markets. And also that the current ...
Copper has been used by humans over for well over 10,000 years. More than ever, this ancient metal is a key driver behind humanity’s technological progress, from AI to net zero.
However, demand for this often-underappreciated metal is outstripping supply, driving up prices and potentially hampering the pace of development. Copper is at the heart of ...
It’s fair to say REITs have not been flavour of the month for some time. The lacklustre investment flows into U.S. REIT mutual funds and ETFs shown in the chart below says it all.
You have to go back quite a way to find the last period the sector was truly in vogue. Curiously, it was arguably in the lead up to the GFC.
Reflecting on this period, the ...
This is an edited transcript from a recent Standard Deviations podcast episode by behavioral finance expert, Dr. Daniel Crosby, which offers a sneak preview of an essay from his upcoming book, The Soul of Wealth.
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Even if we achieve one success after another, you and I will still fall short of the accolades earned by Alexander the Great, the ...
I love looking back through history as it can provide context to the present, and perhaps a glimpse into the future.
Records of financial history in Australia are generally poor. However, I recently stumbled across data from the now defunct database of the Australian Centre for Financial Studies. It shows the top 10 listed companies in Australia dating ...
In a recent article, I compiled a list of 16 ASX stocks that you could buy and hold forever. The idea for the article came from Warren Buffett’s shareholder letter this year, where he identified Occidental Petroleum and five large Japanese conglomerates - Itochu, Marubeni, Mitsubishi, Mitsui, and Sumitomo – as companies that he expects Berkshire ...
All Australians are equal. But when it comes to superannuation and tax, some Australians are more equal than others.
The super honeypot
Given its near $4 trillion size and relative immobility, superannuation has long been seen as a taxation honeypot for government and Treasury. It should thus have not surprised when in February 2023, Prime Minister ...
In Australia, baby boomers, born between 1946 and 1964, are shaping the housing landscape with their unique preferences.
Today, this cohort are between 60 and 78 years of age. There are over 4.1 million baby boomers in Australia, and this generation is expected to grow by 133,500 people per annum over the next five years.
If this happens, baby boomers ...
This week, First Sentier made headlines with its decision to hand $14 billion back to investors. The firm, with $238 billion under management and owned by Japan’s Mitsubishi UFJ Trust since 2019, announced that it would close its Australian fixed income, global credit, emerging companies, and equity income units.
The firm’s global head of investment ...
The more I write about retirement, the more I learn. And the more aware I become of what seems to be an alternate reality or parallel universe when it comes to how much money Australian retirees will actually need.
On the one side is the rather chirpy spin which paints a vision of an ideal retirement, presumably available to most, underpinned by secure ...
Year to date, the ASX 200 is up 1%. That gain, however, is yet again lagging the performance of key US indices.
The difference in performance is not something that only happened this year. The US has been outperforming for 16 years, which is the longest streak ever. The size of the performance gap has equally never been as wide, with the gap truly ...
As the custodian of other people’s money not only are we focusing on the preservation of capital, but we are constantly seeking out relative value opportunities as well. These opportunities, which present constantly, are largely a function of a combination of the complexity of the underlying securities and the relatively unsophisticated investor base ...
In a recent article on Firstlinks on the extraordinary growth in the Magnificent Seven, the US’ mega-cap tech giants, and the resultant level of concentration in the S&P500 and Nasdaq indices, one reader commented that the level of concentration seen in US markets is actually rather low compared to other developed markets. And also that the current ...
Copper has been used by humans over for well over 10,000 years. More than ever, this ancient metal is a key driver behind humanity’s technological progress, from AI to net zero.
However, demand for this often-underappreciated metal is outstripping supply, driving up prices and potentially hampering the pace of development. Copper is at the heart of ...
It’s fair to say REITs have not been flavour of the month for some time. The lacklustre investment flows into U.S. REIT mutual funds and ETFs shown in the chart below says it all.
You have to go back quite a way to find the last period the sector was truly in vogue. Curiously, it was arguably in the lead up to the GFC.
Reflecting on this period, the ...
This is an edited transcript from a recent Standard Deviations podcast episode by behavioral finance expert, Dr. Daniel Crosby, which offers a sneak preview of an essay from his upcoming book, The Soul of Wealth.
----
Even if we achieve one success after another, you and I will still fall short of the accolades earned by Alexander the Great, the ...
I love looking back through history as it can provide context to the present, and perhaps a glimpse into the future.
Records of financial history in Australia are generally poor. However, I recently stumbled across data from the now defunct database of the Australian Centre for Financial Studies. It shows the top 10 listed companies in Australia dating ...
In a recent article, I compiled a list of 16 ASX stocks that you could buy and hold forever. The idea for the article came from Warren Buffett’s shareholder letter this year, where he identified Occidental Petroleum and five large Japanese conglomerates - Itochu, Marubeni, Mitsubishi, Mitsui, and Sumitomo – as companies that he expects Berkshire ...
All Australians are equal. But when it comes to superannuation and tax, some Australians are more equal than others.
The super honeypot
Given its near $4 trillion size and relative immobility, superannuation has long been seen as a taxation honeypot for government and Treasury. It should thus have not surprised when in February 2023, Prime Minister ...
In Australia, baby boomers, born between 1946 and 1964, are shaping the housing landscape with their unique preferences.
Today, this cohort are between 60 and 78 years of age. There are over 4.1 million baby boomers in Australia, and this generation is expected to grow by 133,500 people per annum over the next five years.
If this happens, baby boomers ...
