The Magellan Global fund’s exposure to Microsoft has boosted the fund as the stock became the beneficiary of the move to online working while hospitality exposure has been a detractor to performance. For more.
The average infrastructure fund has lost 15% during Q1 as the lockdown restrictions impact toll roads, airports and oil pipelines but this remains a higher rate of return than for Australian equities. For more.
Investors need to watch out among the recent capital raising as some companies could still struggle after the COVID-19 pandemic despite an attractive price, according to First Sentier Investors. For more.
Healthcare stocks have vastly outperformed industry sectors year to date, becoming the third-largest sector in the ASX 200, according to S&P Dow Jones. For more.
Bailouts are there to save jobs and businesses and the COVID-19 pandemic is a health and solvency crisis and shareholders have to pay their bit, Munro Partners believes. For more.
