Investment research

Executing climate investment principles a major challenge

Institutional investment managers and retirement fund trustees around the word are struggling to deal with the practicalities of incorporating climate risk principals into their investment practices, a new survey has found. While a number of international standards and conventions have…

Global small cap managers struggle to perform

Investors who are used to the success of local small cap managers will be surprised to discover it doesn’t always work the same way at the global level. Morningstar’s latest research says active fund managers in the global small cap…

A bad year for active Aussie equity managers

The 2018/19 financial year was a particularly difficult one for active Australian equity managers, with fewer than 10 per cent of them able to beat the market index. Over the longer term, about 20 per cent of active Australian equity…

ESG investors happy to fill the policy void

The rise of impact ESG investing is a reflection of the failure of governments to address community concerns about environmental, social and governance issues. Speaking at the Financial Service Council (FSC) Summit in Sydney yesterday, Fidelity International portfolio manager Kate…

Retirement income estimates have a ‘remarkable’ impact

The inclusion of estimates of lump sums and income streams at retirement in super fund member statements can have a significant impact on member behaviour, new research has found. Until recently, most funds gave members only their current balance, leaving…

Household financial comfort declines

Australian household financial comfort has fallen due to the weakening labour market and the halt in income growth, according to ME Bank’s latest six-monthly Household Financial Comfort Index. Household comfort amongst employment significantly declined in the past six months, with…

ETF economies of scale an important consideration

Investors considering different exchange traded fund options will usually have a better outcome selecting a bigger ETF over a small one, according to new research. Morningstar has analysed the trading history of listed funds and found that big ETFs have…

Fewer IPOs give better results

It was a sluggish start to the year for initial public offerings (IPOs), with a fall in the number of new listings. But share price performance was better than previous years. Only 23 new listings made it onto the ASX…

Antares investors ‘should look elsewhere’

Morningstar has advised investors to take their money out of one Antares Capital fund and has put another under review, following staff movements at the fund manager. Morningstar says investors in Antares High Growth Shares “should look elsewhere” after the…

Allan Gray, Platypus upgraded in latest Zenith review

Zenith Investment Partners has upgraded two Allan Gray funds to ‘highly recommended’ in its latest Australian Shares Large Companies review. Allan Gray Australia Equity Fund and Allan Gray Australia Stable Fund join 14 other funds rated ‘highly recommended’. They include…