News

Bank stocks suffered significant losses yesterday with the major four down between 2.8% to 3.9%. The financial sector has been one of the worst performing sectors this year as fear of a property market crash and bank regulation and scandals plague share p

The oil price remains around US$30 a barrel and has fallen significantly in recent times, although the implications of this are not all negative. Lower oil prices benefit a number of businesses, and at the same time lower oil prices are stimulatory for th

Overnight also saw mining giant Anglo America cut its iron ore production, which is a significant positive for the Australian majors BHP and Rio Tinto, in our view.

This week it was announced that US based Insight Venture Partners has launched a takeover bid for Diligent Corporation (DIL). If approved, Diligent shareholders will receive NZ$7.39 (US$4.90) in cash for each share – a 31% premium over Diligent’s closing

‘Mining to dining’ is a key thematic underpinning the model portfolios. We believe that a growing middle class, particularly in Asia, is set to put considerable pressure on global agricultural resources going forward. Australasia is set to directly be

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Recent data from Meat & Livestock Australia shows beef sales to China surged six-fold in three years to a record AU$917 million in 2015 and highlights our “dining boom” investment theme. One of our key agricultural portfolio holdings is Elders (ELD.AX) wh

Over the last few days both the Australian dollar and NZ dollar have made significant gains against the US dollar, up to US$0.72 and US$0.67 as the US dollar has fallen across the board.

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