Written by Paul Miron, Managing Director, Msquared Capital At the beginning of 2022, I posed the following question to an audience of sophisticated self-directed investors: Is Private Credit the new megatrend in Australia? It is important to remember these were carefree times when the official cash rate was at a historic low of 0.10%, and terms…
April 26, 2023
When good debt turns bad: How the rise in rates led to bank collapse
Written by Paul Miron, Managing Director, Msquared Capital For the first time since the GFC, the fragility of the global banking system has come into question as the 16th largest bank in the US collapsed, and one of Europe’s premier investment banks, Credit Suisse, sought rescue from the Swisse National Bank. How is it that a…
September 11, 2019
ATO scrutiny on SMSF Trustees re investment strategies
Content provided by LBD Group The ATO in September 2019 have written to 18,000 SMSF trustees where they believe the Fund holds more than 90% of its investments in a single asset or in a single asset class. They are concerned that the Trustee’s investment strategy may not be in compliance with the Superannuation legislation. …
September 5, 2019
Inverse yield curve
Content provided by Thinktank On 14 August, the three major US sharemarket indicators went into a tailspin; the Dow Jones Industrial Average was down 3.1 per cent, the S&P 500 2.4 per cent and the Nasdaq three per cent. And the villain in all this market selling? The inverse yield curve. For Australian investors waking…
August 22, 2019
Reflections from an investor
Content provided by Magellan Financial Group Written by Hamish Douglass, Chairman and Chief Investment Officer, Magellan Financial Group Insights gathered from years of investing include thoughts on how to find the right investments, how to let investments work for you, risk management and the best temperament to have when investing. However, as the prices of…