July 2017 Newsletter | In this edition we discuss biases created by the availability and accessibility of information. ... Read more
Auscap Fund rated ‘Recommended’ by Lonsec and Zenith
The Auscap Long Short Australian Equities Fund has been assessed by Lonsec and been given a 'Recommended' rating. This was followed by Zenith once again rating the Fund 'Recommended' The full Lonsec report can be accessed here. Lonsec Product ... Read more
Is holding cash a decision or an output?
June 2017 Newsletter | In this edition we discuss the cash position of the Fund and how it reflects the opportunity set rather than any view on the direction of the stockmarket. ... Read more
Understanding intrinsic value
May 2017 Newsletter | In this edition we discuss the concept of intrinsic value and its relationship to stock prices. ... Read more
Compounding capital considerations
April 2017 Newsletter | In this edition we discuss how compounding returns are affected by positive and negative performance. ... Read more
Is active management complementary in a concentrated market?
March 2017 Newsletter | In this edition we discuss active management in the context of a highly concentrated domestic market. ... Read more
Unintended consequences of ultra-low interest rates
February 2017 Newsletter | In this edition we discuss how leverage has continued to increase post the Global Financial Crisis in various ways across different countries. ... Read more