After a decade of pointing out that China was not heading for a financial crisis, we have changed our minds. Recent trends suggest that problems are building in China's corporate bonds, small banks, and consumer loans. We think that a...

L1 Capital International is an independent active manager of global equities. We apply a detailed investment process built up on a fundamental assessment of quality and value. We aim to deliver attractive risk-adjusted returns by...

So bad its good? International and domestic economic indicators have turned negative in recent months. Major central banks responded to this and the weak financial markets in late 2018. In fact, policy makers pivoted from...

In this research report we look at the probable outcomes of the upcoming Royal Commission into the Australian aged care industry, and why we are taking a contrarian view on the sector.

- Caltex is a leading Australian fuel retailer with a 25% market share which operates in an industry with very high barriers to entry. - It controls the full value chain of its product and logistics giving it a comparative advantage...

Loftus Peak has posted a strong January - see what drove that, and what Loftus Peak's biggest winners have been since inception nearly five years ago (hint: it's not just FANG)

The internet is fast becoming split between US control or sponsored and China controlled or sponsored. This article will in no way comment on the security concerns that have been raised by many countries. There is no doubt that the...

Spectrum Asset Management's Australian Corporate Bond Overview - February 2019. This is an educational article designed to help investors understand the statistics, facts and analysis of the Australian corporate bond market.

We have had extensive discussions within our investment team and come to the conclusion that space exploration and travel could throw up some of the greatest investment opportunities of our lives. Albeit early, we feel it is important to...

There appears to be a competition among Australian financial commentators of late about who can give the most bearish outlook on residential property prices. First down 5%, then 10%, 15%, 20% and recently 25%. The truth is no one really...