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Investing basics: 5 things to look for this reporting season

February is once again upon us and Australian listed companies are reporting their half-year results. We've tapped one of Morningstar's equity analysts for the top five things he looks for when reviewing results.
stocks

Facebook, Amazon surpass expectations in Q4 earnings

Internet behemoths Facebook and Amazon have beaten market expectations in delivering solid earnings results for the fourth quarter of fiscal 2018.
markets

Global Market Report - 1 February

Australian shares are likely to open flat after a mixed session on Wall Street overnight.
markets

British PM returns to Brussels as Brexit clock ticks

A series of votes on amendments to May's Brexit plan has left the Prime Minister with a large task ahead as the clock ticks towards the scheduled date of EU withdrawal
markets

No rate hikes tipped for 2019 as Fed becomes more dovish

As expected, the US Federal Reserve has left rates unchanged, and adopted a 'patient' stance on future moves.
etfs

Index investors 'get what they don't pay for'

The late Vanguard founder, Jack Bogle, was a committed believer in index investing and the Cost Matters Hypothesis, says Morningstar's Russ Kinnel.
markets

Global Market Report - 31 January

Australian shares are expected to open higher as the big miners ride surging iron ore prices that have increased more than 10 per cent since Monday.
stocks

ETP sector's $42bn edges past LICs

Australian exchange-traded products held more than $42 billion by December last year, edging out listed investment companies total FUM for the first time.
funds

3 up-and-coming investment funds to watch

A knack for identifying companies capable of doubling sales, forensic fundamental analysis, and a trailblazing approach to bonds have put this trio of funds on Morningstar's radar. 
stocks

One of the most undervalued stocks you've never heard of

Automotive seat maker Adient may be trading at a discount of more than 70 per cent but investors looking for a quick kill will have to be patient, because the turnaround risks being long.
markets

Global Market Report - 30 January

Australian shares are set to follow Wall Street lower as fears mount that a slowing Chinese economy and tariffs will rattle US corporate profits.
stocks

TPG decision will shake-up Aussie telco sector

TPG's abandoning of its mobile network plans holds two powerful implications for the company and its competitors, particularly Telstra, says Morningstar's Brian Han.
retirement

SMSFs seek exotic investments amid asset class decline

Frozen semen, taxi plates, and water vending machines are among the most exotic assets popping up in the portfolios of SMSFs new analysis reveals, even as the asset class continues to decline in popularity.
stocks

4 tech giants look cheap ahead of earnings

It's a full week of earnings, with Apple, Amazon, Facebook, and Microsoft all trading in 4-star range ahead of their reports.
stocks

Apple iPhone sales slump 15pc in disappointing quarter

Apple's attempt to offset demand for slowing sales of its flagship product have backfired, after sales sagged during the holiday shopping season. 
retirement

Investors urged to keep calm in face of corrections

The wealth of Australian households could fall this year as property prices drop and as share prices possibly correct further.
markets

Global Market Report - 29 January

Australian shares are set to follow Wall Street lower as fears mount that a slowing Chinese economy and tariffs will rattle US corporate profits.
stocks

Top 10 articles of last week

The upbeat outlook for listed real estate trusts dominated coverage last week, while the debate over Labor's franking credits policy continues to rage, and super returns limped into positive territory.
personal-finance

Investing basics: 5 essential personal finance podcasts

Finance and investing can sometimes feel inaccessible and opaque. A good podcast is a great gateway for the curious to access the world of money.
stocks

Challenger knocked by PC concerns, margin pressures

Morningstar has tempered its outlook for Challenger Financial, on the back of management's slashed earnings guidance for the first-half of fiscal 2019 and regulatory uncertainty.
markets

Global Market Report - 25 January

The Australian share market appears poised to open higher following a mixed overnight session on Wall Street.
funds

Spooked investors, market sell-off create opportunity

US stocks are still considered broadly expensive, but consumer staples is one area where lower valuations are creating opportunity, says Morningstar Investment Management’s Bryce Anderson.
stocks

NAB follows suit, hikes mortgage rates

NAB has finally joined its big four rivals in hiking variable mortgage rates, citing funding costs and shareholders.
stocks

3 top ESG stock picks

Australian biotech CSL ranks among this multinational trio of successful stocks that meet a raft of environmental, social and governance criteria.
stocks

Aussie companies urged to return cash as franking debate intensifies

Australian companies are being urged to return cash to shareholders as investors face the prospect of Labor returning to office and axing cash refunds for excess franking credits.
personal-finance

Investors rethink property amid east coast price dive

Tumbling house prices may be forcing investors to question the merits of property investment versus other asset classes such as shares and bonds. 
markets

Global Market Report - 24 January

Australian shares are set for a subdued open as Wall Street struggles for direction, with Chinese trade tensions and global growth concerns offsetting positive US earnings reports.
personal-finance

Measuring sticks of the investment world

As a concept, the index has evolved hugely since Charles Dow created the first one in 1884, but what exactly are indices and what do they do?\n 
retirement

Superannuation returns scrape into the black

Super funds delivered their worst performance in seven years during 2018, returning an average of just 0.8 per cent across growth funds, research shows.
stocks

Mining for value in a shifting world

Parts of the mining sector still hold opportunity despite the changing dynamics of global energy consumption, slower Chinese growth and the rise of electric vehicles, writes Anthony Fensom.
stocks

Auto stocks sputter as global pressures mount

Job losses, falling sales, emission scandals and the rise of electric vehicles have harmed sentiment towards auto stocks, which are now trading at low valuations.
funds

International exposure can bring big benefits, says Morningstar

Minimising home bias within their portfolios should be a key focus for Australian investors in 2019, says Tim Murphy, director of manager research, Morningstar Australia.
markets

Global Market Report - 23 January

The Australian share market is tipped for an early slump as a gloomy global growth outlook and weak company forecasts end Wall Street's four-day rally.
stocks

Netflix appeal wanes amid cash burn, competition

Netflix ended 2018 on a strong note, but its ongoing use of cash and increasing competition from the likes of NBC, Universal and Disney hurt its prospects for 2019.
stocks

Sims Metals stocks dive after earnings disappointment

Stocks in metals and electronics recycling giant Sims Metal Management plunged 16 per cent yesterday after the company released a disappointing first-half earnings update.
stocks

Listed real estate set for another good year

AREITS are tipped to build on strong momentum and outperform the overall share market this year as investors adopt more defensive positions to combat volatile share markets.
funds

Why cash appeals when volatility peaks

Increasing your cash allocations can protect capital when the risk-reward trade off of being fully invested doesn't make sense.
stocks

5 undervalued global heavyweights

Telecoms, anti-cancer treatments and state-of-the-art computer chips are just some of the areas where Morningstar sees opportunities among global stocks.
markets

Global Market Report - 22 January

The Australian share market is set for a flat open following a downgraded global economic forecast, with no overnight lead from Wall Street on account of a US public holiday.
stocks

5 US mega-stocks set to announce earnings

Chipmaker Intel and household name tech firm IBM are due to announce quarterly earnings this week, alongside Procter & Gamble, Johnson & Johnson and Starbucks.
markets

US shutdown more 'sideshow' than market mover

As the US Government shutdown moves into its fifth week, investors have growing concerns about what it will mean for the stock market
markets

Global Market Report - 21 January

The ASX is tipped for an early lift on US-China trade optimist, but analysts fear the latest Chinese data will confirm a significant slowdown for Australia's major trade partner.
stocks

Top 10 articles of last week

Our look at how the big four banks will fare in a challenging year ahead topped last week's coverage, alongside a deep dive into five undervalued global stocks and the ongoing chaos that is Brexit.
etfs

Australian ETF industry to hit $50bn in 2019

Australia's exchange-traded-fund industry is expected to deliver another record-breaking year, hitting the $50 billion mark in 2019, according to one ETF provider.
etfs

Vanguard founder and ETF pioneer Jack Bogle dies

Millions of investors are better off because of Bogle's innovations and adherence to the notion that investing should be as cheap as possible and for the long term.
etfs

3 predictions for Australian ETF industry in 2018

Total assets under management within the exchange-traded funds industry could rise as high as $45 billion in 2018, says BetaShares' Ilan Israelstam.
markets

Global Market Report - 18 January

The Australian sharemarket is expected to open higher after Wall Street made solid gains overnight.
personal-finance

Investing basics: How to start investing with just $500

Think you have to have a wad of cash before you can try your hand at playing the market? Think again. We outline some ideas to pop your investing cherry.
funds

Finding good returns in alternatives

When all else is falling, alternative asset classes such as hedge funds, soft commodities, emerging market debt and banks loans can offer decent returns, says Morningstar's Brad Bugg.
markets

Key economic dates of 2019

Several key domestic events will occur in 2019, including the handing down of the banking royal commission's final report, and elections of both federal and state NSW governments.
markets

What Brexit chaos means for Australian investors

Australia remains relatively insulated from the Brexit drama playing out between the UK and European Union, insists Prime Minister Scott Morrison.
markets

Global Market Report - 17 January

The Australian share market is expected to open slightly higher after US stocks rose following Theresa May's defeat of a no-confidence vote in the UK parliament.
retirement

Industry shuns PC's 'best in show' super reforms

Representatives from across the superannuation sector have slammed the Productivity Commission's controversial 'best in show' list as disruptive, bad for the economy and harmful to consumers. 
markets

Global Market Report - 16 January

The ASX is expected to open flat after finance markets were pulled in opposite directions by optimism about the Chinese economy and pessimism about the  defeat of the proposed Brexit deal.
stocks

IOOF acquisition of ANZ OnePath on shaky ground after further delays

IOOF says its contract covering buyout of ANZ's pension and investments business OnePath has been delayed by at least three months, amid doubts over the deal's future. 
markets

Gold and copper bounce but trade war threatens prices

Spot prices for gold and copper rallied last week - but longer term, the trade dispute between US and China has weighed on metals prices.
markets

Theresa May loses Brexit deal vote in UK parliament

UK Prime Minister Theresa May has lost her Brexit deal vote in the House of Commons by 432 votes to 202 - the biggest UK government defeat in history
stocks

$2bn buyout for Navitas tipped to get green light

Morningstar expects the new offer for the adult education provider to succeed, lifting its fair value estimate by 5 per cent in response.
etfs

Changes ahead for ETF investors

The inclusion of mainland China shares in more indexes including S&P Global, an expanding menu of active ETFs, and the potential for more ESG-focused funds are among trends investors can expect in 2019.
personal-finance

Young Aussies focus on income goals over retirement

Younger Australians are more focused on short term financial goals; prioritising managing their income, expenses and savings over retirement planning.
stocks

Big four strong enough to withstand mounting pressures, says Fidelity

2019 is shaping up to be a challenging year for Australia's banks. But Fidelity International's Kate Howitt says the big four should be able to withstand the pressure.
markets

Global Market Report - 15 January

The Australian share market is expected to rise when it opens despite falls on overseas stock markets and base metals prices.
markets

Halting Brexit "catastrophic" says PM May

British Prime Minister Theresa May has warned MPs that failing to deliver Brexit would be catastrophic for democracy, two days before parliament is expected to reject her deal with Brussels.
stocks

Top 10 articles of last week

Our look at six downgraded global stocks worth considering led this week's coverage, alongside a $105bn cancer drug mega-merger, and why you should be sceptical about the 'January effect' and other myths.
stocks

IPO market tipped to stall as sluggish growth bites

IPO activity is expected to slow this year amid sluggish growth rates and expectations that tightening monetary policy will cap capital raisings.
stocks

Trade Me fair value boosted on strong likelihood of takeover

Morningstar has increased its fair value estimate for popular New Zealand classified website Trade Me after giving British private equity firm Apex Partners' takeover offer a strong likelihood of success. 
markets

Global Market Report - 14 January

The ASX is set to open higher, after base metals prices rose at the end of last week and US stocks pared losses, as hopes rise about an easing of US-China trade tensions.
fixed-income

What to expect from bonds in 2019

Fixed income assets will be even more important to investors’ capital preservation strategies this year than last, but some sectors are safer than others, says John Likos.
personal-finance

Investing basics: what is robo advice?

What are the benefits and risks of going robo for financial advice? And is robo advice right for you? 
personal-finance

3 Aussie robo-advisers and what they offer you

Whether you're completely turned off at the thought of automated financial advice, or keen to give it a try, so-called robo-advice is gaining in popularity around the world.
markets

Black Friday boosts retail spend but it may be short lived

Retail spending rose 0.4 per cent in November, beating market expectations, in a sign that Australians have embraced the Black Friday and Cyber Monday discount sales.
funds

Risk, return and the share price triple threat

The challenge of creating a quality-focused share portfolio using only Aussie stocks is one of several reasons why a broader focus is important, says Morningstar Investment Management’s Peter Bull.
markets

Global Market Report - 11 January

Australian shares are set for an early lift despite fading trade optimism, with investors awaiting the latest retail data.
stocks

Tax tips: guide to shareholding and trading as an investor

The key tax advantage for a share trader is that losses can be offset against other income.
stocks

Plastic packers hold up despite 40pc dive in oil price

An oil supply glut has prompted a reduction in Morningstar's near-term oil price forecast, but has failed to dent its positive outlook on plastic packaging companies Amcor and Pact Group.
stocks

Why a share price slump does not always mean buy

Disciplined investors always urge others to buy on the dips - but not all stock market falls create buying opportunities.
retirement

Super changes could mean $500,000 boost

Australians could retire with an extra $500,000 in superannuation if the federal government makes changes to the $2.8 trillion sector, according to a new report.
markets

Global Market Report - 10 January

The Australian share market is set to edge higher again as trade optimism between China and the US continues to lift global equities and commodity prices.
stocks

6 downgraded global stocks worth considering

Just because a company has been downgraded by Morningstar doesn't mean investors should sprint for the exits, writes Susan Dziubinski.
stocks

Fall in tech stocks no bar to Seek's prospects

The recent sell-off in tech stocks will have little effect on Seek's earnings outlook, says Morningstar, as the online job site looks to leverage its offshore expansion strategy.
personal-finance

The rational investor is dead

The banking royal commission and other inquiries have shown product disclosure regulations alone are not enough to protect investors, especially from themselves, says The Chaser’s Julian Morrow.
stocks

Schlumberger, Wells Fargo crack global best ideas list

Oilfield services giant Schlumberger has joined integrated utility Entergy Corp and financial powerhouse Wells Fargo & Co in Morningstar’s global equity best ideas list. 
markets

Global Market Report - 9 January

Australian shares are set to climb again as global markets rally on trade talks between China and the US, which have entered a third day.
markets

Banks brace for more Hayne pain this year

Australia's big banks are prepared for the worst ahead of the financial services royal commission's final report, which is due in a few weeks.
markets

US remains dominant macro theme in 2019

The resumption of a US-China trade war and the Fed’s ability to stave off recession are the most important global themes for Australian investors this year, says Morningstar’s Peter Warnes.
retirement

ASIC pushes ahead with fight for simpler super fees

The complex task of comparing fees charged by superannuation funds could soon get easier if new rules proposed by the corporate watchdog are enacted.
personal-finance

Beware the January effect and other investing myths

At this time of year, you’ll hear a slew of common investing myths, like the 'January effect'. Learn why you should be sceptical about seasonal market trends.
markets

Global Market Report - 8 January

Australian shares are set for a subdued open despite the imminent resumption of US-China trade talks, which helped fuel an overnight Wall Street rally.
funds

Emerging Asia and US equities appeal in 2019, says BlackRock

Global asset managers are looking to US equities and emerging markets to offer value in the new year despite ongoing geopolitical ructions. 
stocks

Healius rejects $2bn takeover bid

Australian hospital operator Healius has rejected an 'opportunistic' $2bn takeover offer from its largest shareholder.
personal-finance

3 ways to cope in tough investment markets

Drowning out the noise and creating personal policy statements are among Christine Benz's top tips for sticking to your strategy as the market downturn bites.
stocks

Top 10 articles of last week

A look back at 2018 topped this week's coverage, which also examined Macquarie Group and A2 Milk, and weighed a topic many couples disagree on: when is a good time to retire and how much money should you have saved?
markets

Global Market Report - 7 January

Early gains are tipped for the Australian share market after Wall Street surged on stronger-than-expected jobs data, while the Aussie dollar has spiked back above 71 US cents.
markets

For emerging markets, technology is the new manufacturing

Technologies like mobile banking, robotics, electric cars and online retailing allow EMs to accelerate growth.
personal-finance

How to invest in the face of risk in 2019

Trade wars, Brexit, recession risk and rising interest rates - Morningstar Investment Management have identified four key concerns and how investors should tackle them.
markets

How many times will the Fed raise rates in 2019?

The US Federal Reserve hiked interest rates in December to take its 2018 tally to four. Can investors expect the same in 2019?
stocks

Apple shares look attractive

Our US$200 fair value estimate for the iPhone maker is unchanged as stronger services and wearables revenue should offset China weakness.
markets

Global Market Report - 4 January

Australian shares are set to follow Wall Street lower as weak US factory data and a revenue warning from tech giant Apple stokes fears of a global economic slowdown.
stocks

5 US stocks to watch in 2019

Can Apple, Facebook and oil giant Exxon shares recover, will Tesla's Elon Musk stay out of the news, and will Pinterest justify its US$10bn price tag?
stocks

2 drugmakers agree to $105bn mega merger

Bristol-Myers Squibb Co says it will buy Celgene Corp for about $105bn, combining two of the world's largest cancer drug businesses in the biggest pharmaceutical deal ever.
stocks

Healius receives $2.02bn takeover offer

Australian hospital operator Healius has received a non-binding $2.02bn bid from a unit of its largest shareholder, China's Jangho Group, to buy it out.
stocks

2 undervalued narrow-moat ASX stocks

Financial powerhouse Macquarie Group and infant formula brand A2 Milk marked a stellar 2018 by changing key personnel and bolstering their competitive advantage.
markets

Global Market Report - 3 January

Australian shares are tipped to rebound after a dismal start to 2019, though the local dollar has dipped below 70 US cents for the first time in nearly three years.
personal-finance

Most popular investments of 2018

Telstra, the big four banks and global-equity active funds were among the most researched investments among Morningstar.com.au members in 2018.
markets

Australian housing slump well beyond city limits

The big two markets of Sydney and Melbourne continue to drive a housing downturn but fresh property data shows the slump went well beyond city limits in 2018.
personal-finance

Beware the one-metric approach to investing

Smart investors prize metrics for what they surface, rather than deride them for what they can't.
markets

Global Market Report - 2 January

Australian shares are set to slide on the first trading day of 2019, while a late New Year's Eve rise on Wall Street couldn't steer the US market away from its worst year since 2008.
retirement

Franking fright: Labor plan sparks SMSF investment switch

More than 60 per cent of SMSF trustees say their share portfolio would shift away from local to overseas equities, according to a SuperConcepts survey.