Medibank Private

Tuesday, November 25 2014

Medibank Private has announced it will list at a price of $2.15. We elected not to participate at this price on valuation grounds. Specifically we note: The bidding process was well run ensuring a good price for the Government but not leaving much on the table for institutional investors who were encouraged to “bid hard […]

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Dalton Nicol Reid wins Best SMA Portfolio 2014 by Lonsec

Friday, October 17 2014

Dalton Nicol Reid, boutique Australian investment manager, has been recognized for its work in Separately Managed Accounts (SMAs) at the prestigious 2014 Lonsec Awards. Dalton Nicol Reid’s Australian Equities High Conviction Portfolio was the winner of the SMA Portfolio Award. “It is great to win the accolades of our peers, and this is a fine […]

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Market Update

Tuesday, October 14 2014

The following market update could be read in conjunction with the Monthly Investment Review for September. Ebola and other concerns One of our concerns over the past month was that the US had not really had a pullback and that Australia could be dragged down if a pullback developed in the US market. Since month end we have […]

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Monthly Investment Review September 2014

Friday, October 10 2014

The past month has been weak for Australian equities and bonds as markets anticipate the end of quantitative easing (QE). This has driven a sell-off in the A$ and resulted in offshore funds exiting higher yielding Australian assets. This month we explore whether this presents a buying opportunity for investors. We present the key risks […]

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