NewsBite

Joshua Peach

Today

ESG is out of favour as Donald Trump returns to the presidency.

Macquarie, IFM-backed net zero group suspends itself as Trump looms

The world’s biggest climate finance alliance cited “different regulatory and client expectations” in starting a review and making its membership list secret.

  • 54 mins ago

This Month

Regal chief investment officer Philip King.

Regal’s King brothers split their stake to attract ETF investors

The high-profile investment house has posted strong returns and made big acquisitions in the past two years. Now it wants to get onto the S&P/ASX 300 Index.

ANZ thinks a cut from the RBA next month is likely after fresh inflation data this week.

ANZ joins forecasters betting on February RBA rate cut

It and Commonwealth Bank agree that mortgage holders may finally get some relief next month, but they are the only two majors predicting that.

Local shares are set to open higher.

ASX falls; Westpac gets downgrade; Star dives 17pc

Australian shares closed lower on Friday, banks drop. ANZ calls February rate cut. Star extends losses. Oil and iron ore advanced. The Aussie hits new two-year low.

  • Updated

ASX dips in broad sell-off, retail sales rise; Star slumps 25pc

Australian shares close lower in broad sell-off. Retail sales growth rose in November. UBS downgrades Lovisa, Star tumbles 25p. And sell-off hits Aussie bonds.

  • Updated
Advertisement
Bronte Capital co-founder and chief investment officer John Hempton.

Bronte Capital turns to journalists to revive returns

The famed short seller is turning to journalism to fill a role in its investment team identifying “suspect people” and hoping to reverse its underperformance.

Flows to Phil King’s Regal Partners are outpacing former industry leader Magellan.

Regal Partners tops $18b as Magellan falters

Phil King’s Regal shows little sign of slowing down as former industry leader Magellan fails to gather its former momentum.

Local shares are set to open little changed amid a weak lead from Wall Street.

ASX extends rally as core inflation slows; CBA tops 1pc gain

ASX closes 0.8 per cent higher as core inflation cools. Banks and miners rally, lifting index. CBA tops 1pc. Avita Medical plunges. Bitcoin rally short-lived.

Magellan co-founder Chris Mackay’s says there’s a bubble in non-public markets.

Magellan co-founder Chris Mackay lambasts private credit in tirade

The fund manager behind MFF Capital has taken aim at the “story tellers” spruiking high returns and low risks outside the scrutiny of public markets.

US markets have been on a tear for the past two years.

Veteran financial crash survivor warns of 2025 Wall Street bubble

After successfully navigating some of the worst collapses in financial markets history, Perth’s Willy Packer says US shares are flashing red.

Australian investors are pouring money into the US sharemarket, following its best two-year performance in  quarter of a century.

Australians pour record $5b into Wall Street as bulls run wild

Investors are hoping the US can pull off a ‘three-peat’ after the world’s most important equity market capped the best two years in a quarter-century.

The meme stock moments that gripped Australian investors in 2024

In a year that ushered in the return of GameStop mania, Australia’s retail investors were looking closer to home for their next rocket ship.

December 2024

It has been a volatile end of the year for the ASX, but some fund managers see big opportunities to pick up good companies for a bargain.

Three cheap ASX stocks fund managers are snapping up

It has been a volatile end to 2024 for the sharemarket, but some fundies see big opportunities to pick up stakes in good companies for a bargain.

The best and worst ASX stocks of 2024

The stocks that did the most damage in 2024 – and the ones that ruled

One fintech darling has more than tripled in the past 12 months, but the same can’t be said for lithium stocks on the front line of the EV slowdown.

Local shares are set to open higher.

ASX snaps five-day losing streak as banks climb; Data3 dives10pc

Shares advance on Commonwealth Bank rise. Rio Tinto and BHP to build ‘green’ plant. Another Star Entertainment departure. Oil slips and gold holds steady. Follow updates here.

  • Updated
Advertisement
The ASX 200 is set to open lower.

ASX lower as HMC dives 10pc; bitcoin hits record

Shares slip as iron ore prices fell overnight, sending miners lower. Investors sell DigiCo and HMC post IPO. Follow for more.

US president-elect Donald Trump.

ASX to fall, Santa rally on hold as Federal Reserve mulls Trump 2.0

Australian shares are set to drop at the opening bell on Monday as traders sour on the post-election surge that’s driven markets for much of the past month.

Miners take ASX lower; Star Gold Coast CEO resigns

Shares drop; Insignia confirms Bain bid; Iress eyes dividends; Macquarie cuts Ventia share price; South32 wins on Worsley; subdued start for DigiCo; Morningstar cuts Mirvac, Woodside. Follow updates here.

  • Updated
Andrew Tate illustration

The Australians inside Andrew Tate’s online ‘university’

Leaked member data from the controversial influencer’s “financial education platform” reveals its popularity.

Local shares are set to open higher, as megacap techs rallied anew.

ASX extends losses as Downer, Ventia tumble

Shares slip; jobless rate drops to 3.9pc; Coronado gets green light for Queensland mine; oOh!media to cut costs; Cettire confirms block sale; Pilbara CEO loads up on stock. Follow updates here.

  • Updated

Original URL: https://www.afr.com/by/joshua-peach-p536zp