December 2014
The S&P/ASX 300 Accumulation Index finished November in the red, posting a 3.24% loss, weighed down by the heavy falls in both the Energy and Consumer Staples sectors. Telecommunications and Healthcare were the only two share market sectors to post a gain for the month. To see how all the Ralton portfolios fared, please click…
December 2014
Executive summary The Chinese government has recognised the need to transition the country’s growth model from debt-driven fixed-asset investment to a more sustainable household consumption model. The Chinese residential property market is now in a recession on key metrics and what we know today is likely being factored in by the financial markets, although the…
November 2014
The S&P/ASX 300 Accumulation Index rebounded strongly in October, posting a 4.27% gain with Financials and Telecommunications the top performing sectors. Energy was the main detractor from returns as a falling oil price weighed on the sector. To see how all the Ralton portfolios fared please click on the relevant link below. Ralton Australian Shares…
October 2014
Despite a strong start, the S&P/ASX 300 Accumulation Index recorded a loss of 0.56% for the September quarter. The top performing sectors were Healthcare and Telecommunications. To see how all the Ralton portfolios fared please click on the relevant link below. Ralton Australian Shares SMA Ralton High Yield Australian Shares SMA Ralton Leaders SMA Ralton…
September 2014
The August reporting season saw the share market make modest gains, as the S&P/ASX 300 added 0.64%. Energy and Healthcare were the best performing sectors. To see how all the Ralton portfolios fared please click on the relevant link below. Ralton Australian Shares SMA Ralton High Yield Australian Shares SMA Ralton Leaders SMA Ralton Smaller…
August 2014
In the lead up to the August reporting season July was a strong month for the sharemarket, as the S&P/ASX 300 added 4.41%. Materials and IT were the best performing sectors. To see how all the Ralton portfolios fared please click on the relevant link below. Ralton Australian Shares SMA Ralton High Yield Australian Shares…
July 2014
For the 12 months to 30 June 2014 the S&P/ASX300 accumulation index was up 17.3%. However, the S&P/ASX300 accumulation index fell 1.5% in June, its first month of negative returns since January 2014 (CYTD +2.9%). Geopolitical risk heightened during June as fighting in Iraq intensified and the oil price moved up in response. The US…
June 2014
The Australian share market continued to move higher during May with the S&P/ASX300 accumulation index rising by 0.7% for the month. The US S&P500 hit a new record high during the month and rose 1.9%. May is traditionally “confession season” for corporates and for the past 5 years there have been a slew of profit…
May 2014
The S&P/ASX300 accumulation index added 1.7% for April, building on the gains of the first quarter. Global equity markets were typically positive, although the Japanese Nikkei was the clear exception, losing 3.5%. Equity market sentiment was once more hampered by geopolitical tensions in Russia and Ukraine. The region is important in terms of both energy…
April 2014
The S&P/ASX300 accumulation index was essentially flat across March returning just +0.2% for the month, although still +2.0% for the quarter. Global equity markets ended the quarter little changed (MSCI Global +0.8%, USD). Equity markets contended with a flare-up of geopolitical tensions as Russia annexed Crimea, and increasing concerns around China’s economic health. Additionally, the…