"Carnage" is a word that comes to mind when thinking about the Australian telecom industry at the moment. Shares of major telecom players are down anywhere between 50% - 70% over the last couple of years, mainly due to: -...

Telstra has been a core portfolio holding for many investors after being privatised at $3.30 per share in 1997. Today the stock is trading at $2.81, well below its initial public offering price 21 years ago. The difficult...

Ted Franks from Pengana's WHEB Sustainable Impact Fund insightful view on Smurfit-Kappa which after listing on the Dublin and London stock exchanges in 2008 was widely regarded as on the brink of bankruptcy.

Welcome to my second annual letter. This month marks 7 years since the inception of the GCAF Program. As always, the purpose of this letter is twofold: to provide you with information on new developments at Tomas Capital and discuss the...

President Trump's latest tweets and interviews clearly indicate that he intends to go ahead with his trade wars. This is bad news for China, and even worse news for China's regional suppliers like Australia, Japan, Malaysia, Singapore,...

It's getting predictable isn't it? The Donald tweets, the rest of the world reacts and equity markets shudder. Blame the 24-hour news cycle, event driven macro traders, fake news or almost anyone with an opinion (in my...

Pengana Capital Group Limited (ASX: PCG) is pleased to announce a 15% distribution for the 6 month period to 30 June, 2018 for investors in the Pengana Emerging Companies Fund ('the Fund). The distribution will be paid on 13 July 2018.

Pengana Capital Group Limited (ASX: PCG) is pleased to announce a 15% distribution for the 6 month period to 30 June, 2018 for investors in the Pengana Emerging Companies Fund ('the Fund). The distribution will be paid on 13 July 2018.

Our Feature in this Quarterly is on Quality Investing, and why it can't be done algorithmically. We discuss the three facets that matter to us when we are making an assessment of a company's quality - the strength of a...

It was just over a year ago that Coles admitted to the Fair Work Commission that as much as 60 percent of its workforce would be better off under the award - the minimum employee wage and benefits mandated by the state. The source of...