The return of value

One of the anomalies of the equity market over the past few years is that value stocks have underperformed growth. For the best part of the last century, buying stocks that were cheap was the best way to make gains.…

The return of value

Fund managers have pointed to a “value bounce” in September, with more value-oriented stocks returning to favour. And they see the trend continuing. Reece Birtles, the chief investment officer of fund manager Martin Currie Australia, says value stocks are more…

Company earnings growth is sustainable, says Martin Currie CIO

For investment manager Reece Birtles, the bullish takeout from around 160 S&P/ASX companies reporting their December half results was a broad-based increase in sales. Birtles, who is Martin Currie Australia’s chief investment officer, said 38 per cent of companies reported…

Media stocks back in favour

It is unusual to see ‘old’ media stocks, such as Fairfax Media and Nine Entertainment, on analysts ‘buy’ lists and receiving good reviews from investment managers, but both stocks are currently enjoying a moment in the sun. Martin Currie Australia…