Dynamite fishing is a term used in angling to describe damaging behaviour that accidentally kills whatever else happens to be in the water nearby the fish that are the target. It … Read More
Vladimir Putin and the butterfly effect
European inflation stays high, forcing US rates up This month’s bogey was European inflation, which was up to 9.1% for the twelve months to August, so still increasing. Energy and food … Read More
Disruption continues despite ‘technical recession’
The recession we don’t seem to be having Source: FrankHH, Shutterstock Markets had braced for impact following the US Federal Reserve rate hikes (+2.25% so far this year) with expectations of … Read More
Half-year in review: is the worst over?
Global sharemarkets changed direction abruptly in mid-November 2021, with the trigger the ‘hot’ US inflation reading for October – it rose to +6.2% year-over-year, almost guaranteeing the US Federal Reserve would … Read More
Semiconductors: The Next Big Opportunity?
Interest rate hikes, inflation, geopolitical tension… our Portfolio Manager Anshu Sharma discusses semiconductors (chips) and why we think they are so important over the next three to five years.
What happens to disruption during a recession?
Hard and soft landings (recession versus not) are now the talk of the day, with a growing list of companies reporting hiring freezes and other cost controls along with lower forward … Read More
Financial Newswire: Loftus Peak a ‘Star Manager’
Below is Yasmine Masi’s Financial Newswire article ‘Don’t miss the forest for the trees′ which was originally published in the Financial Newswire on 30 June 2022. For the original article on … Read More
Responsible Investment update: reducing the world’s carbon footprint
An important part of Loftus Peak’s Responsible Investment Policy – and the group’s investment philosophy since inception – is the belief that the world will move away from energy generated by … Read More
Strong earnings, weak markets
Inflation is here and so interest and other costs will rise, which means that margins will be squeezed. Less of each dollar of revenue will go to shareholders, making returns harder … Read More
Loftus Peak’s Alex Pollak sticking by his firm’s holdings in Netflix
Below is Ticky Fullerton’s article ‘Loftus Peak’s Alex Pollak sticking by his firm’s holdings in Netflix′ which was originally published in The Australian Business Review on 22 April 2022. For the … Read More
Companies spearheading disruption hit value territory
Estimated dollar content of silicon in the car as at 2030. Note: BOM = bill of materials – i.e. cost of goods sold Source: McKinsey, Intel Semiconductors sell off The semiconductor pull-back … Read More
Portfolio positioning in a time of uncertainty
War in Ukraine The unprovoked conflict in Ukraine has unleashed a human tidal wave of misery, dislocation and death, the scale of which has not been seen since World War … Read More