Education (advanced)
Volatility is an indication of risk. The more volatile the price (or return) of a security, the greater its risk. This simple relationship explains why bonds are less risky than shares. Volatility in returns is one of the key differences between the two asset classes and (spoiler alert) therein lies the answer to protecting your portfolio against excessive volatility. We demonstrate this point by assessing the performance of various CBA securities in the wake of last month’s China stock market meltdown
Company updates
CML Group released its FY15 results on 27 August 2015
Company updates
PAYCE Consolidated Limited (PAYCE) reported a strong set of results for FY15 last week
Company updates
Insurance Australia Group Limited (IAG) reported a slightly disappointing FY15 net profit after tax (NPAT) of $728m, down from $1.2bn a year earlier
Company updates
Net profit after tax up 24% on 1H14, despite a USD150m increase in the gross cost of catastrophe claims driven by the worst series of weather events in Australia since 2011
Trade opportunities
Concerned about China? We have constructed a ‘Short China’ portfolio for investors worried about a downturn in the Chinese economy
Company updates
CBL Corporation Limited (CBL) has produced another strong set of (1H15) results and continues to beat management forecasts
Company updates
Last week AXA SA released its 1H15 results. In a word ‘boring’ (remembering boring is good for debt investors)
Company updates
On 5 August 2015 Genworth Mortgage Insurance Australia (Genworth) released its 1H15 results with a 25% fall in net profit
Company updates
Old Mutual has posted a strong set of 1H15 results overnight