News

What attracted Facebook’s latest significant investor to invest in the tech giant? Is it the 85% gross margins, or its earnings per share growth of 180% year on year?

Evolution Mining Limited has announced a 2 for 15 accelerated, renounceable entitlement offer to raise $401m to support the acquisition of an economic interest in the Ernest Henry operation.

Is this the end of Quantitative Easing? Central Banks in July chose words over action, and ironically the Pen (words) was mightier than the Sword (monetary action). Central Banks had a win, as investors were confident, and jumped back into investing. Bond yields fell, share markets rallied. Everyone was happy.

Peta Tilse's interviewed by Kerrie Sydee, Financial Standard

This week there’s been a growing chorus by some of the world’s top investors to (as RBS famously said at the start of 2016) “sell everything”. This time around, it is coming from a couple of the “bond kings”. Bill Gross, head of Janus Capital told his clients this week that he, “doesn’t like bonds; doesn’t like most stocks; doesn’t like private equity”. Gross’s view carries some weight, given he is the former head of the world’s biggest bond manager Pimco.