Our Blackwattle Investment Partners Large Cap Portfolio Manager Ray David provides insights to the Australian Financial Review following Wesfarmers earnings results.
Read more below and in the AFR link:
Click here to read more
News
29 Aug 2024News
28 Aug 2024ASX investors paying ‘eye-watering’ prices despite weak earnings
Our Blackwattle Investment Partners Portfolio Manager Ray David discusses with the Australian Financial Review on the comparison of company valuations despite weak earnings.
Read more below and in the AFR link:
Click here to read more
Fund Updates
Bronwen Moncrieff Joins Blackwattle Investment Partners’ Investment Council
Blackwattle Investment Partners is pleased to announce the appointment of Bronwen Moncrieff to its Investment Council.
Bronwen brings over 26 years of distinguished experience in the investment industry, further strengthening our commitment to investment excellence.
Bronwen’s career spans a wide range of senior roles, including nearly 12 years as the General Manager & Head of Research at Zenith Investment Partners, where she led a team of 20 through industry, regulatory, and market changes.
Her deep expertise in the research and evaluation of investment managers has been honed through significant positions at notable firms such as the Future Fund, Lonsec, and Russell Investments.
“We are thrilled to welcome Bronwen to our Investment Council,” said Michael Skinner, Managing Director and CIO at Blackwattle Partners. “Her vast experience, research ability and analytical skill, will be invaluable as we drive to deliver outstanding results for our clients.”
Bronwen has been a CFA Charterholder since 1998 and is actively involved in the community, serving as a Board Director at Janet Clarke Hall, University of Melbourne, and volunteering as a puppy raiser for Guide Dogs Australia.
Bronwen’s addition to the Investment Council marks a significant step forward in Blackwattle Partners’ mission to enhance the quality of our investment decision making and portfolio construction.
About Blackwattle’s Investment Council:
The Blackwattle Investment Council aims to provide guidance, perspective, and critical thought to enhance investment decision making, and improve portfolio investment performance. The Council pushes our investment teams to be better.
Click here to view
Video
27 Aug 2024Lessons Learned – Navigating the Global Financial Crisis
At Blackwattle Investment Partners, we believe that sharing our personal stories and mistakes can offer valuable lessons.
Rather than hide from our mistakes, we believe that we should discuss them and continuously learn.
Here’s a story from our CEO’s Jarred Rubin’s early days in the financial markets that shaped his approach to investing.
Key takeaways from this experience:
1. Cycles Are Inevitable: Ups and downs are part of the journey, but it’s vital to maintain a long-term perspective and avoid getting caught up in the noise.
2. Stay Invested: Timing the market is incredibly difficult—almost impossible. Staying invested ensures you don’t miss out on market growth and the power of compounding.
3. Focus on Quality: Invest in quality businesses with the potential for long-term growth, especially during crises when opportunities arise at attractive valuations.
Click the video below to view:
News
21 Aug 2024Blackwattle: Beware the back half (of reporting season)
Our Blackwattle Investment Partners CIO Michael Skinner shares his views on how reporting season is going so far with ausbiz.
Key Points:
- The earnings overview of Australian ASX companies
- An observed trend of smaller companies performing better than larger ones
- Analysis of ResMed’s (ASX:RMD) market position and potential growth
Fund Updates
14 Aug 2024WEBINAR: What’s Happening in Global Markets – Risk or Opportunity?
Hear directly from our Global Portfolio Manager, Sunny Bangia, as he discusses the current slowdown in US labour markets, implications of the Yen carry trade unwind and opportunities ahead in global markets.
Please click the video below to hear more
Fund Updates
13 Aug 20243 Insights In 3 Minutes: Market Insights July
Our Portfolio Manager and Partner Tim Riordan discusses recent market events below:
1: July Market Performance
2: The Economic Environment and Earnings.
3: August Reporting
Please click the video below to hear more
Article
12 Aug 2024News Corp (NWS) – An Outsider With An Outsized Opportunity
What makes a successful leader? More importantly, what defines an exceptional leader?
In this note, Portfolio Manager Ray David discusses some traits of quality leadership such as capital allocation, cash flow, decentralized management, and the ability to make contrarian decisions to driver shareholder value creation.
Ray also draws parallels to Bill Anders’s turnaround of General Dynamics in 1991, and how a similar transformation is occurring at NewsCorp Inc led by CEO Robert Thomson.
Letter
8 Aug 2024Letter to the Board (ORA)
Blackwattle Mid Cap Portfolio Managers Tim Riordan and Michael Teran recently engaged with Orora (ORA) regarding their views on available levers to restore the company to a position of strength. To read a full copy of the letter sent to the Board of Directors please click the link below:
