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Who curates Firstlinks?

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Firstlinks (previously published as Cuffelinks) is a community sharing both the knowledge and the battle scars of experience from an informed and impartial point of view, without pushing products or promoting services.

Cuffelinks was founded in 2012 by Graham Hand and Chris Cuffe and was acquired by Morningstar Australasia in October 2019. 

Graham Hand

Graham Hand is Managing Editor of Firstlinks and Editorial Director at Morningstar.

Graham has 42 years’ experience in financial markets, starting at the Commonwealth Bank in 1976 where he headed New Issues before becoming General Manager, Capital Markets. From 1988, he was Deputy Treasurer at the State Bank of New South Wales, and from 1995, he was Managing Director, Treasury at NatWest Markets Australia.

Graham then embarked on full-time writing and consulting roles, where his clients included AMP, Westpac, Commonwealth Bank, Colonial First State, CUSCAL, Travelex and Arab Bank. He consulted to Colonial First State from 2001 and was appointed General Manager, Funding & Alliances in 2007, managing the funding for the largest geared share funds in the country, peaking at $10 billion, and establishing seven boutique asset management businesses across all asset classes.

In 2001, Graham’s first book, Naked Among Cannibals, an analysis of the evolution of Australian banking, featured in the Top 10 Business Books in Australia for several months. His first novel, Beyond Lucas Heights, was published in 2005. He wrote a monthly column on banking and funds management for CFO Magazine, and his articles have appeared in Euromoney, International Financing Review andMoney Management magazines, as well as websites Crikey and Banking Day.

Graham has an honours degree in economics from the University of NSW and a Diploma from the Securities Institute of Australia (now the Financial Services Institute of Australasia).

Prior to joining Morningstar, Graham was a Director of the Listed Investment Company, Absolute Equity Performance Fund (ASX:AEG, the listed version of the Bennelong Long Short Equity Fund) and a member of the Compliance Committee of Lazard Asset Management Pacific Co. He is currently a Director of Wealth02, and unconflicted, low cost managed account platform solution for advisers

Leisa Bell, Assistant Editor

Leisa Bell joined Cuffelinks in 2013 as Assistant Editor and is also Editorial Associate at Morningstar.

Leisa has spent most of her career in the banking and finance industry, from specialising as a credit analyst to financial publishing. For 15 years, she worked across multiple levels of banking (retail, business, treasury, corporate and investment banking), both domestic and international. After a career break to raise children, she spent five years managing a small finance consultancy before joining a fledging Cuffelinks in 2013, assisting with editing, publishing and business administration.

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Most viewed in recent weeks

Who's next? Discounts on LICs force managers to pivot

The boards and managers of six high-profile LICs, frustrated by their shares trading at large discounts to asset value, have embarked on radical strategies to fix the problems. Will they work?

Four simple things to do right now

Markets have recovered in the last six months but most investors remain nervous about the economic outlook. Morningstar analysts provide four quick tips on how to navigate this uncertainty.

Welcome to Firstlinks Edition 374

Suddenly, it's the middle of September and we don't hear much about 'snap back' anymore. Now we have 'wind backs' and 'road maps'. Six months ago, I was flying back from Antarctica after two weeks aboard the ill-fated Greg Mortimer cruise ship, and then the world changed. So it's time to take your temperature again. Our survey checks your reaction to recent policies and your COVID-19 responses.

  • 9 September 2020

Reporting season winners and losers in listed property trusts

Many property trust results are better than expected, with the A-REIT sector on a dividend yield of 4.8%. But there's a wide variation by sector and the ability of tenants to pay the rent.

Have stock markets become a giant Ponzi scheme?

A global financial casino has been created where investors ignore realistic valuations in the low growth, high-risk environment. At some point, analysis of fundamental value will be rewarded.

Every SMSF trustee should have an Enduring Power of Attorney

COVID-19 and the events of 2020 show why, more than ever, SMSF trustees need to prepare for the ‘unexpected’ by having an Enduring Power of Attorney in place. A Power of Attorney is not enough.

Latest Updates

Weekly Editorial

Welcome to Firstlinks Edition 376

The US tech index, the NASDAQ, peaked on 2 September 2020 at 12,058 and closed three weeks later at 10,793. On the same days, Apple hit US$137.98 and then fell to US$110.08. These falls of 10% and 20% seem high but both were simply returning to their early August levels. It's hardly a rout when a month's gains are given back. The bigger issue is whether such a stock correction will scare off the retail 'Robinhood' traders.

  • 24 September 2020
Interviews

Interview Series: What’s new in a global innovation fund?

For many global tech companies, COVID has boosted their revenues and pushed share prices to all-time highs. We are on the cusp of amazing technical advances and there are plenty of new opportunities.

Shares

Five reasons why Tesla is the everything bubble embodied

As fewer professionals actively research the merits of a company’s prospects, stocks become disproportionately driven by capital flows. Prices disconnect from fundamentals and there's no better example than Tesla.

Retirement

Three retirement checks for when you have enough

Not every retiree needs to gun for higher returns, but a conservative portfolio can court its own risks, especially with bond rates so low. But some retirees prefer to settle for a lower income.

Shares

Hide and seek: the FX impact on global equity investments

As more Australians tilt their investments to global equities, they often overlook the exchange rate risk and fees. The move from US57 cents to US73 cents in six months shows the unhedged impact.

Economy

When America sneezes, the world catches a ...

The recovery from COVID-19 is looking more like a K-shape, with some companies doing well while others struggle. The pandemic seems more akin to a black swan, exogenous shock than a structural downturn.

Retirement

How the age pension helps retirees cope with losses

It's often overlooked how wealthier couples can fall back on the age pension if a market loss hits their portfolio. The reassurance is never greater than in a financial (and now epidemic) crisis.

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