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 »
ASX 200 rose nearly 3% during the past month, setting another record high above 9000 points. The year-on-year gain is about 11%, including the impact of ‘Liberation Day’ which now seemed a minor distraction. Most ASX listed companies have reported FY25 numbers during the month. Companies missing earnings expectations have been punished, even if the miss
August 2025 Insights Read More »
Another strong month in financial markets. The ASX 200 improved nearly 2%, following the lead from the USA, with the S&P 500 up about 3% resetting record highs. In the US, technology stocks have fuelled record market growth in recent months as investors focus on the AI expansion. So far, around 80% of S&P 500
July 2025 Insights Read More »
June was another eventful month, particularly from a geopolitical perspective. Offshore, we witnessed an escalation of conflict in the Middle East, followed by a recent ceasefire. Investors appear more circumspect in their approach to the daily news flow, including the prospect of a significant war. During June, the S&P500 rallied about 3%. Domestically, the ASX
June 2025 Insights Read More »
