Insights

As part of its strategic plan for expansion, Andrea Waters has joined Bennelong Funds Management (Bennelong) as a Non-Executive Director. Andrea will also Chair Bennelong’s Audit, Risk and Compliance Committee.

The month of May was particularly brutal for a number of US and Australian retailers. In the US, GAP, L Brands, Macy’s Nordstrom and others reported weaker than expected or declining sales and profits. 

The impending Brexit vote on European Union (EU) membership on 23 June 2016 will be a defining moment for Britain and Europe, and could have significant ramifications for global equity markets. Greg Goodsell, Global Equity Strategist at 4D Infrastructure, examines whether Brexit may be a catalyst for further EU exits, with Italy a possible candidate.

Bennelong Long Short Equity Management (BLSEM) has had both their Funds, the Bennelong Long Short Equity Fund and the Bennelong Market Neutral Fund (the Funds), reinstated with a ‘highly recommended’ rating by Zenith Investment Partners (Zenith).

It’s the time of year when the nation’s economic eyes turn to the Federal Budget. The fact we have an election in the following weeks adds more than the usual scrutiny to the “bottom line”. Both sides of politics talk of “budget repair” and the need to get back to surplus.

Greg Goodsell, Global Equity Strategist at 4D Infrastructure, looks at the converging problems of excessive government debt and deteriorating population demographics in many parts of the developed world. Governments have some policy options, but there are no easy solutions and the problem is not going away.

Global listed infrastructure is a relatively new asset class, but it is becoming increasingly popular as an integral part of a truly diversified investment portfolio through its combination of attractive attributes.

Greg Goodsell, Global Equity Strategist at 4D Infrastructure, looks at the often quoted relationship between listed infrastructure stocks and rising interest rates

Investment themes play an important part in the Quay investment process. Our regular readers would be aware of our favourable view towards parts of the US housing market.