Market Watch
Market Watch
The 4 drivers of infrastructure investment
March 12, 2019
Since the 1970s governments have spent relatively less on vital infrastructure. With the aftermath of the global financial crisis constraining government finances, that underinvestment has continued. The private sector is stepping up to meet a surge in demand for new infrastructure - across water, energy, transport and communications -- and that is creating opportunities for...Read More
Earnings season and the Australian economy in focus
March 12, 2019
Right now, investors are focused on corporate profits. Australian companies are forecast to show earnings growth of between four and five per cent this results season, which is a modest result compared to recent years. This decline is in large part due to the deteriorating performance of the resources sector compared to recent results seasons....Read More
Top 10 ESG issues for 2019
March 12, 2019
Investors around the world take environment, social and governance (ESG) issues into account when deciding where to invest, how to invest and how to measure returns.The ESG issues most likely to come under the microscope this year include some old favourites and a few new ones. 1. Climate change Three years after the Paris Agreement...Read More
At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent. The global economy grew above trend in 2018, although it slowed in the second half of the year. Unemployment rates in most advanced economies are low. The outlook for global growth remains reasonable, although downside risks have increased....Read More
Four reasons the 2019 global economic outlook looks positive
January 21, 2019
Many investors have been rattled by falls in share markets and are fretting about what the new year may hold. But there are a number of reasons to suggest that after a weak 2018, 2019 will be better, and that a well-diversified portfolio should deliver reasonable returns. 1. This is a “mid-cycle” correction Firstly, while...Read More
Investor uncertainty and market volatility appear to be increasing as the economy continues to strengthen, leading to higher bond yields and eventual interest rate rises. Australian equity investors trying to navigate the choppy waters that lie ahead should ignore the day-to-day ‘noise’ of the markets and instead focus on seven key questions. The answers to...Read More
https://vimeo.com/291021827 The long-term rise in Australian home prices has led to a huge inter-generational transfer of wealth from the young to the old. A material reversal in property values will go some way to unwinding this, creating winners and losers amongst the generations. Australia has long had a love affair with home ownership, which is...Read More
https://vimeo.com/282266316 At AMP’s recent Amplify event, Mark Moore, Uber’s engineering director of aviation and Nick Earle from Hyperloop One, spoke about how innovation is likely to change the face of public transport. Emerging public transport systems are poised to free up road and rail systems, leading to less congestion and better use of infrastructure. As...Read More
The five big fears that shaped 2018
January 7, 2019
After solid returns and relatively low volatility in 2017, many investors entered 2018 fairly optimistic, however we expected returns would be more constrained and more volatile than they were last year. Looking at the big picture, global growth was good, we saw relatively low inflation globally and the Australian economy grew at a reasonable rate....Read More
Four reasons to invest in corporate bonds
January 7, 2019
While interest rates in the US are rising, Australia’s interest rates remain stubbornly low. That flows through to subdued returns from term deposits and government bonds, and many investors continue to be faced with the question of where to invest for income in a low yield environment. Corporate bonds – debt securities issued by companies...Read More