Dear %%first_name%%,
Given the substantial outperformance of ‘growth’ stocks over the past decade, and particularly last year, there’s currently a robust debate around whether it’s time to switch to a more ‘value’ oriented portfolio. In his article today, Charlie Aitken gives his view on value-vs-growth and checks it against the Oracle of Omaha’s. An interesting read.
Environmental, Social and Governance (ESG) ratings of companies has become a key issue in institutional investing in the past decade. Tony Featherstone says that almost half of all assets professionally managed in Australia are now put through responsible filters. Some actively managed funds in sustainable investing also have a good record and are a smart way to improve risk-adjusted returns, through better assessment of ESG risks, such as climate change. Tony looks at 5 active and passive funds to improve long-term portfolio sustainability – and returns.
In Buy, Hold, Sell, What the Brokers Say, following the big January rally and ahead of the profit reporting seasons, broker analysts have been really busy, with 13 companies getting an upgrade and 15 being downgraded.
Finally, in Questions of the Week, Paul Rickard answers readers’ questions about overlapping with international ETFs; buying LICs at a premium; and whether NAB shares are a hold.
Sincerely,
Peter Switzer