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Edition: 528

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Welcome to Firstlinks Edition 528 with weekend update

  • 28 September 2023
  • 9

While many fund managers claim ESG credentials, some go through the motions but maximising returns is paramount. If there's one area they should focus on more, it's a diversity of opinions among their analysts, especially at a time of rapid change in technology, fashions and consumer habits. 

The fascinating battle between Nick Bolton and Magellan

Nick Bolton wants to force Magellan to pay out the 7.5% discount on the Global Fund (ASX:MGF) options. Magellan will resist as it must act in the interests of all unitholders and the cost comes from Magellan itself.

Even Warren Buffett lost his edge 20 years ago

Even the fund managers who have out-performed since inception peak early, then suffer declining out-performance after that. It’s a guaranteed slide into mediocrity, even for greats like Warren Buffett, who peaked decades ago.

Investment opportunities in markets priced at extremes

Before the last few weeks, sections of US equity markets were rising rapidly, driving a more concentrated market and wide valuation dispersions. The extremes are creating cyclical and structural opportunities.

Jeremy Cooper on super becoming too big

The vast sum of money in super will dwarf the size of the ASX and our GDP in coming years yet allocation is not subject to any regulatory control. Where should super policy be housed and how should assets be invested?

Unique factors drive Industrial and Logistics property demand

Parts of commercial property are facing challenges from changing work habits, but in Industrial and Logistics, it's the opposite. Growth in online retailing and shortage of facilities is driving demand and rents higher.

Can Aussie banks rediscover their glory days?

Returns from the major banks haven't been great over the past ten years, though that could change with higher rates, less competition and cost savings opportunities. Some banks look better value than others.

Super concessions to overtake Age Pension costs

Super concessions are forecast to overtake the cost of the Age Pension in the 2040s. They're creating a skewed system of reward for higher super balances in retirement and will widen the gap between rich and poor.

Most viewed in recent weeks

An important Foxtel announcement...

News Corp's plans to sell Foxtel are surprising in that streaming assets Kayo, Binge and Hubbl look likely to go with it. This and recent events in the US show the bind that legacy TV businesses find themselves in.

Welcome to Firstlinks Edition 581 with weekend update

A recent industry event made me realise that a 30 year old investing trend could still have serious legs. Could it eventually pose a threat to two of Australia's biggest companies?

  • 10 October 2024

The quirks of retirement planning with an age gap

A big age gap can make it harder to find a solution that works for both partners – financially and otherwise. Having a frank conversation about the future, and having it as early as possible, is essential.

Welcome to Firstlinks Edition 578 with weekend update

The number of high-net-worth individuals in Australia has increased by almost 9% over the past year, and they now own $3.3 trillion in investable assets. A new report reveals how the wealthy are investing their money.

  • 19 September 2024

The challenges of building a portfolio from scratch

It surprises me how often individual investors and even seasoned financial professionals don’t know the basics of building an investment portfolio. Here is a guide to do just that, as well as the challenges involved.

The everything rally brings danger and opportunity

Most market players today seek quick rewards and validation of opinion. Outsiders willing to combine new technology with old-fashioned patience and focused analysis can prosper.

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