Monthly Update – February 2019Download here
Monthly Update – January 2019Download here
Stock Insight – Lifestyle Communities
“Grow old with me. The best is yet to be” ~ Robert Browning
Lifestyle communities is a Melbourne based developer and manager of affordable independent living communities. It capitalises upon the growing demand for affordable quality retirement living. In this quarterly stock insight Paul Biddle, Portfolio Manager, dissects the investment case for Lifestyle.Download here
Monthly Update- December 2018Download here
Monthly Update – November 2018Download here
AFR: Value vs growth investing: proceed with caution
Stewart Oldfield reports in the AFR on the current dynamic between value and growth investing, picking up the recent quarterly stock insight written by Martin Byers.
Celeste Funds Management is often described as a value manager but it argues growth or value labels are less important than seeking share price outperformance regardless of investment style.
The fund manager recently highlighted investment platform business Netwealth as a stock often described as an expensive market darling but which it believes is likely to outperform over time.
Full article: https://www.afr.com/personal-finance/shares/value-vs-growth-investing-proceed-with-caution-20181114-h17wlg
Monthly Update – October 2018Download here
Stock Insight – Netwealth
Growth or Value? It doesn’t matter, capturing alpha is the objective.
This article explores the Celeste investment process with the specific example of Netwealth.
Netwealth is a high growth stock with a high valuation. Martin Byers, Senior Investment Analyst, explains how we see value in this investment.Download here
RE Notice to Investors
The Financial Ombudsman Service will be replaced by the Australia Financial Complaints Authority (AFCA) for complaints involving financial services products.Download here
Monthly Update – September 2018Download here