Changes are happening - please bear with us while we update our site. Click here to give us your advice and feedback.
Changes are happening - please bear with us while we update our site. Click here to give us your advice and feedback.
Platinum Asset Management Ltd (ASX: PTM) is an Australian based fund founded in 1994 that is focused on global equities. Platinum was co-founded by one of Australia’s most respected investors, Kerr Neilson who is still the company’s largest shareholder (owning about 40%).
Both benchmarks weakened into the close, as both the S&P/ASX200 (INDEXASX: XJO) and All Ordinaries (INDEXASX: XAO) fell 0.2% on Friday.
If you care about investing in ASX shares with high returns on capital (CFROIC), Breville Group Ltd (ASX: BRG), James Hardie Industries (ASX: JHX) and Credit Corp Group Ltd (ASX: CCP) should be at the top of your watchlist.
The S&P/ASX200 (INDEXASX: XJO) gained another 0.4 per cent on Tuesday with a broad-based rally managing to overcome a selloff in the energy sector. The staples and utilities sectors were strongest gaining 1.3 and 1.4 per cent, with healthcare and financials not far behind. Energy, however, fell by more than 2.3 per cent on a weaker oil price and talk of further intervention.
The All Ordinaries (ASX: XAO) and S&P/ASX 200 (INDEXASX: XJO) fell on Monday following a weak lead from global markets. The All Ords and ASX 200 opened the first week of June with a 0.5 per cent fall, pulled down by the likes of Magellan Financial Group Ltd (ASX: MFG) shares.
The S&P/ASX 200 (ASX:XJO) remained resilient on Wednesday, finishing 0.3% higher as the EML Payments (ASX:EML) share price made headlines.
Here are my key investor takeaways from the week that saw the S&P/ASX 200 (INDEXASX:XJO) drifting lower, along with all three US benchmarks.
The S&P/ASX 200 (INDEXASX:XJO) finished 0.5% higher on Friday as GrainCorp (ASX:GNC) and Platinum (ASX:PTM) shares made headlines.
The S&P/ASX 200 (ASX: XJO) gained 0.3% on Monday as Perpetual (ASX:PPT) and Pendal (ASX:PDL) shares were in the news.
The S&P/ASX 200 (ASX: XJO) gained another 0.3% to begin the week as Woodside (ASX:WPL) and Telstra (ASX:TLS) shares made headlines.
