Today
First Sentier talent lands at Ellerston Capital
Street Talk understands Ashok Jacob’s firm has added First Sentier portfolio manager Jack Briggs to its ranks.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Yesterday
Magellan fund redemptions put shareholders on edge
Anxious shareholders were rattled by the $800 million in funds under management that walked out the door from the Magellan Global Fund in July.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Opinion
- Superannuation
This $300b super fund is making a monster move to stocks
Australian Retirement Trust has decided that a big chunk of its members will do a lot better with their pension nest egg invested in riskier assets.
- Jonathan Shapiro
This Month
Brokers reveal ‘bargain’ stock picks after ASX meltdown
Analysts are hunting among the rubble of this week’s sharemarket crash, which they say has created an opportunity to snap up some growth and cyclical stocks at bargain prices.
- Alex Gluyas
Investors warn global rout may have not gone ‘far enough’
Goldman Sachs, JPMorgan Asset Management and Capitol Group warn that volatility in the market is likely to persist after Monday’s brutal sell-off.
- Joanne Tran
Portfolio head exits ETF powerhouse Global X as departures mount
Street Talk understands head of portfolio management Cliff Man is on his way out the door after more than a decade with the firm.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Ex-RBC banker launches real estate IM with Iris Energy deskmate
Street Talk understands co-founders Bom Shin and Kevin Ghazi have just come off an Asia roadshow and are actively looking at deals.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Lessons from 40 years of investing, from one value investor to another
Dougal Maple-Brown discusses his family’s decision to sell the famed Sydney boutique founded by his father, the late Robert Maple-Brown.
- Joshua Peach
- Opinion
- Hedge funds
From Ackman to AFIC, fund manager discounts persist
Bill Ackman’s failed attempt to float the largest ever closed-end fund shows that a high profile and even a solid track record isn’t always enough to win.
- Jonathan Shapiro
Pinnacle funds under management hits record $110b
The multi-affiliate investment manager recorded a 20 per cent jump in assets in 2023-24, with international clients accounting for the bulk of net inflows.
- Joanne Tran
July
Domacom fund suspended from accepting new money after NDIS closures
Property investment platform Domacom has been blocked from raising new funds following a Financial Review probe into aggressively marketed NDIS investments.
- Updated
- Jonathan Shapiro
Royal London equities hotshot Peter Rutter finalises Pinnacle deal
Rutter’s Australian clients were, this week, told the new shop has been christened Lifecycle Investment Partners, and should be up and running by end of the year.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Exclusive
- Venture capital
Rich Chinese investors join $1b hunt for Aussie VC funds
A fund manager for rich Chinese investors is trying to raise $100m for venture capital investments, joining a crowd of operators trying to raise over $1 billion.
- Yolanda Redrup and Paul Smith
- Opinion
- Chanticleer
CBA isn’t the only valuation puzzle for Australia’s biggest LIC
AFIC has almost $1 billion tied up in CBA stock, and is watching its eye-watering valuation closely. But it’s not CEO Mark Freeman’s only worry.
- James Thomson
The biggest risk in a Trump-Harris race for the White House
New York-based Australian fund manager Matthew McLennan from First Eagle argues that the lack of a fiscal hawk in the presidential race works in gold’s favour.
- Matthew Cranston
Perennial prepares to unleash war chest on small caps
After a bruising few years for the money manager’s smaller companies fund, Andrew Smith is readying his team for the next big buy: the August reporting season.
- Sarah Jones
Funds hit as Trump shadow looms over green energy
Fund managers are scrambling to assess what a Republican win in November could mean for the billions of dollars earmarked for green investments.
- Joshua Peach
First Sentier sells down COG Financial stake; Barrenjoey on trade
Barrenjoey’s equities desk crossed two lines in COG Financial Services just ahead of the market close on Thursday.
- Sarah Thompson, Kanika Sood and Emma Rapaport
‘Don’t wait until it’s too late,’ warn ASX small-cap managers
Local fund managers are telling clients to start moving money out of large caps before Australia catches up to the US in the global inflation race.
- Joshua Peach
Eildon Capital on former boss’ M&A radar
Street Talk understands that Brisbane-based property fund manager and financier Trilogy Funds is weighing an acquisition of Eildon Capital.
- Sarah Thompson, Kanika Sood and Emma Rapaport
