News

Is There A Place For Both Passive And Active Asset Management?

April 2018 Newsletter | In this edition we take a different look at the passive versus active asset management debate and provide our thoughts on the current trend towards passive investing. ... Read more

Investing With Conviction: Reporting Season Report Card

March 2018 Newsletter | In this edition we discuss the reporting season and the earnings progress of the companies in which the Fund is invested. ... Read more

What to do in this market sell-off?

February 2018 Newsletter | In this edition we discuss the recent pullback in global stockmarkets and what it means for the Auscap portfolio. ... Read more

Delineating Diversification From Deworsification

January 2018 Newsletter | In this edition we discuss the risks of corporate diversification when an inferior asset is added to a high quality business. ... Read more

All I Want For Christmas Is A Dividend Or Two

December 2017 Newsletter | In this edition we discuss how dividends are a crucial component of the total return delivered by owning a share portfolio. ... Read more

Is effort correlated with investment performance?

November 2017 Newsletter | In this edition we discuss our view on whether short term investment performance is a function of effort, manager skill and/or luck. ... Read more

Are There Opportunities For An Active Manager In An Efficient Market?

October 2017 Newsletter | In this edition we discuss the circumstances under which we typically find compelling value-based opportunities for investment. ... Read more