Steadfast (SDF AU): Amwins and Dragoneer’s NBIO at A$6.00
While the offer is attractive relative to peer multiples, it is arguably opportunistic, as it is below the 52-week high and light compared with...
173 Views
Forsyth Barr General Insurance Digest Edition 15—Normal Seasonality Returns
Sector performance was mixed over the last three months. Tower (TWR) delivered a +4% total return, lagging QBE (+17%), but outperforming both SUN...
111 Views
US Healthcare Overhaul Stumbling, Singapore Cyclical Rally Looking Premature
The Republican replacement for ‘Obamacare’ has been announced and looks an incoherent mess – resurgent healthcare inflation will be a drag on...
1.8k Views
Asia Market Strategy: Is There No Stopping This Bull Run?
There was nothing new in Trump's speech last night, but the US stock market surged to new highs (again). Global reflation trade over next few...
354 Views
Case-Shiller Property Indices Hugely Misleading...and Different from Stocks (LT Invst Windows Tight)
This topic has nagged me for some time. Two months ago when the Case-Shiller Home Price Index “made a new high” and after new highs again this...
1.1k Views