The new financial year has begun much as the previous one ended. Geopolitical tensions in the Middle East continue to dominate investor sentiment, primarily through their impact on energy markets. Oil prices have moved higher again in recent weeks as markets assess the potential for supply disruptions and the broader implications for global inflation. Crude […]
July 2026 Insights Read More »
The ASX 200 has risen approximately 1% during June, taking gains for the 2025/26 financial year to around 2.5%. Including dividends, the S&P/ASX 200 Accumulation Index has returned approximately 6%, highlighting the importance of income in Australian equity returns. Australia has lagged many developed markets over the past year for two primary reasons. Firstly, the
June 2026 Insights Read More »
The ASX has declined around 1.5% over the past month, underperforming the US market, which gained approximately 5%. The key influences on the Australian market were interest rates and the Federal Budget, particularly the potential impact on asset prices. Financial stocks represent a significant portion of the ASX and have faced pressure from higher mortgage
The ASX rose 3% over the month—an impressive result given the geopolitical backdrop. However, it lagged the US S&P 500, which gained 13%. While much of the uplift came from mega-cap technology stocks, the broader US market was also strong, with the S&P Equal Weight Index returning 6.8% for the month. Markets with greater exposure
April 2026 Insights Read More »
The past month has been one of the most impactful periods we have experienced since our inception in 2003 — and yes, we have been around longer than many multinational wealth management firms. The ASX 200 declined 6.5% this month, broadly in line with US markets. A key driver of this volatility is the rising
March 2026 Insights Read More »
The February–March 2026 reporting season is now well underway, with many ASX-listed companies reporting earnings and updating guidance. Market expectations are improving, with consensus forecasts pointing to a return to positive earnings-per-share (EPS) growth in 2026following several years of subdued performance. This rebound is led by the resources sector, with additional support from banks and
February 2026 Insights Read More »
The key drivers of the market in 2025 where stock and sector specific as well as the result of macro factors. The list of policy decisions, back-flips and general abundance of information led to volatile markets. Dip-buyers were rewarded as global markets absorbed, or became immune to, the daily inundation of new information – much
January 2026 Insights Read More »
Australian Market At the time of writing (25 November), the domestic market is down nearly 6%, reflecting another period of heightened volatility and mixed news-flow. Inflation is now expected to remain above the RBA’s 2-3% target band into mid-2026, while unemployment has edged lower. Together, these factors have reduced the likelihood of a near-term interest
November 2025 Insights Read More »
Global markets continue to reach record highs, buoyed by encouraging U.S. corporate earnings and sustained investment in artificial intelligence. In the U.S., around 30% of S&P 500 companies have now reported results, with an impressive 87% exceeding earnings-per-share (EPS) expectations. Over the past few days, several bellwether firms — Microsoft, Alphabet, and Meta Platforms —
October 2025 Insights Read More »
Over the past month, the ASX 200 has declined about 0.75%, not including dividends of around $25bn paid to investors during September. When adding dividends back, investors are up again over the past month. Dividends Paid this Month (per week) Source: Coppo The market remains resilient despite some negative stock and sector specific news. Energy stocks
September 2025 Insights Read More »
