Australia institutional insights

Latest news and insights from our investment floor

 
View [Weathering the earnings growth storm] Weathering the Australian storm

Weathering the earnings growth storm

Australian banks continue to endure many headwinds, some self-inflicted. Yet, the businesses manage to preserve a healthy level of cash flow generation.

3 December 2018
View [Six ways to assess if a board is competent and on our side] Six ways to assess if a board is competent and on our side

Six ways to assess if a board is competent and on our side

While governance quality is a hot topic of late, we see it is one of the longest-term dynamics between markets, management and a company’s fortunes. It is critical to a stock’s performance in the long term.

Active Insight 29 November 2018
View [New Zealand: Tapping into population-driven growth] New Zealand: Tapping into population-driven growth

New Zealand: Tapping into population-driven growth

Walking around central Auckland, change is evident everywhere. Despite my trip being mid-week, the streets were bustling with construction, and the restaurants full. The city is transforming from a distant regional centre into a cosmopolitan city on the world stage.

Active Viewpoint 14 November 2018
View [Plastic phase out - The investor view] Plastic bag in sea

Plastic phase out - The investor view

8 million tonnes of plastic waste enter our oceans each year. Is it time for investors to think about plastic phase out?

13 November 2018
View [Desperately seeking: Board accountability and active voices] At the AGM

Desperately seeking: Board accountability and active voices

It is clear from this remarkable AGM season that investors are looking for more accountability. But it needs to start at the top, and be held to account by active voices

Active Viewpoint 1 November 2018
View [Four key drivers for Australian markets and one caution] 4 key drivers

Four key drivers for Australian markets and one caution

We devote most of our resources to identifying insights that can generate long-term returns and minimise risk. But in the short-term, returns and risk can be driven by very different forces.

Active Viewpoint 31 October 2018
View [ESG - Don't just use the rear view mirror] Rear view mirror

ESG - Don't just use the rear view mirror

We are often asked why we don’t have a 100% exclusion of fossil fuels, or if we avoid the un-ethical banks. We recognise there is no 'perfect company', and that the past is not always a reliable indicator of the future

31 October 2018
View [Have US Markets run out of rocket fuel?] Have US markets run out of fuel?

Have US Markets run out of rocket fuel?

Markets around the world have fallen sharply so far in October, shaking investors out of their comfort zone. Why is this happening?

30 October 2018
View [Contagion contained] Istanbul overhead

Contagion contained

Turkey’s currency crisis in early August prompted an all-too familiar set of headlines. A predictable news flow that was eager to foretell that the crisis would deepen and inevitably spread across the entire asset class.

29 October 2018
View [Brazil's polarising election] Brasilia

Brazil's polarising election

After victory in the first round of voting, Jair Bolsonaro, the anti-establishment right winger, now appears to have a commanding lead over Fernando Haddad of the PT (workers’ party), ahead of Sunday’s election.

25 October 2018