Australian equity funds upgraded in latest Zenith review

Zenith Investment Partners has upgraded two Allan Gray funds to ‘highly recommended’ in its latest Australian Shares Large Companies review. Allan Gray Australia Equity Fund and Allan Gray Australia Stable Fund join 14 other funds rated ‘highly recommended’. They include…

Infrastructure funds offer investors ‘drawdown protection’

Infrastructure funds proved their worth during the global equity market sell-off in the December quarter last year, playing their role as high-yielding and defensive equity investments, according to new research. Zenith Investment Partners says that while global listed infrastructure funds…

Small cap managers that are delivering the goods

Active small company fund managers rose to the challenge of beating their benchmarks during last year’s volatile conditions, according to Zenith Investment Partners’ latest Australian Shares Small Companies Sector Review. While S&P Dow Jones Indices’ latest SPIVA Australia Scorecard shows…

October market fall sparks debate over index ETFs

While the index ETF market has grown strongly in Australia over the past few years, the sector has always had its sceptics. In the past week Zenith has published a review of smart beta ETFs questioning their ability to produce…

Heavy LIC discounting triggers corporate action

With the majority of listed investment companies trading below net asset backing, some LICs are under threat of takeover or wind-up, while others are working on ways to close the discount gap. Analysts caution investors against buying LICs trading at…

Real return funds underperform, value proposition remains

With volatility returning to the markets, investors may be looking for investment vehicles that make capital protection a priority. One such sector of absolute return funds, which have broad multi-asset mandates and tend to have a conservative approach. However, investment…

Researchers’ pick of long/short managers

Solaris Investment Management has emerged as a rising star in the increasingly popular long/short segment of the Australian equity funds management market, receiving good notices from two research houses in recent weeks. Zenith Investment Partners reports that there has been…

Demand for long/short funds grows as market matures

Investors are becoming increasingly cautious about the outlook for the Australian sharemarket, which has had a long bull run, and more are turning to long/short funds as a way of maintaining their exposure to shares, while adding some downside protection.…

Discounted LICs a good buying opportunity

Buying listed investment companies that are trading at a discount to their net tangible asset backing is a “valid investment strategy”, fund researcher Zenith Investment Partners has found. Zenith looked at the data of 51 LICs (each with a market…

Top fixed income managers named

Managed fund researcher Zenith Investment Partners has given its highest rating to four funds in its latest review of the Australian fixed income sector. It also found that the “critical success factors for outperformance” in the sector are changing. The…