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markets
Firstlinks newsletter - 27 February
Ignore the noise and sit on your hands; Kunal Kapoor on investor success; are sin stocks good; coronavirus effects; insurance pricing; poll results.
funds
Fidelity International named Morningstar Fund Manager of the Year
Fidelity International scores twice at the Morningstar fund manager awards.
markets
Note from the editor - 29 February
Mission coronavirus; airlines and retail feel the fallout; why volatility is your friend; Buffett's faith in equities; beware yield ETFs; gold glistens; ESG investing.
retirement
Is your SMSF strategy legal?
You must explain how your fund's assets meet your investment return and income needs, the tax office says.
fixed-income
The case for emerging market debt
Lazard Asset Management's Arif Joshi demystifies emerging market debt and explains why it can offer excess yields.
personal-finance
Investing basics: A down-market survival guide for retirees
These five steps can help you take back control in uncertain times.
stocks
The new medical device company to watch
Spray-on skin maker Avita Medical has a chance of becoming the new standard in burns treatment, says Morningstar's Nicolette Quinn.
markets
Global Market Report - 29 February
Australian stocks are poised to extend their losses to a fifth day after another rout on most global markets.
stocks
Woolworths dodges the virus fallout
The supermarket giant’s supply chains are unaffected but it’s priced to perfection, Morningstar says.
markets
Hold cash, position defensively: asset managers react to outbreak
Strategists from Morningstar, Vanguard, BlackRock, Investors Mutual and other firms weigh in.
investing
Helping financial advisers help investors
Financial advice can deliver value but we must do a better job of showing what that is and measuring it, says Morningstar chief executive Kunal Kapoor.
funds
Morningstar Rating for Funds
The Morningstar Rating for Funds, often called the Star Rating, is a data-driven rating that measures how well a fund has performed compared to similar funds.
stocks
The Morningstar Fair Value Estimate
The Morningstar Fair Value Estimate tells investors what the long-term intrinsic value of a stock is, helping them see beyond the present market price.
stocks
The Morningstar Economic Moat Rating
The Morningstar Economic Moat Rating represents a company's sustainable competitive advantage. A company with an economic moat can fend off competition and earn high returns on capital for many years to come.
stocks
The Morningstar Rating for Stocks
The Morningstar Rating for stocks can help investors uncover stocks that are truly undervalued, cutting through the market noise.
markets
Global Market Report - 27 February
The Australian share market is set to open lower as investors watch for more news on the coronavirus outbreak that threatens to hurt the global economy.
stocks
Silver lining in G8's negative result
Australia's second largest childcare operator has had a rough ride but Morningstar says demographic tailwinds will help the company reverse its fortunes.
markets
Will gold prices keep rising?
Gold is the pre-eminent safe haven investment asset and had a strong run in 2019. But looking ahead, Morningstar analysts are less bullish.
personal-finance
'ESG is about building a portfolio for outperformance'
Morningstar CEO Kunal Kapoor explains the importance of ESG investing and why it's not simply a matter of avoiding guns, smokes and booze.
etfs
Adviser Research Centre: Managed Fund and ETF Model Portfolios
Morningstar Australasia's Director of Manager Research Tim Murphy provides the rationale behind Morningstar's approach to constructing its ETF and Managed Fund model portfolios.
stocks
4 takeaways from Berkshire Hathaway's shareholder letter
Warren Buffett addresses Berkshire Hathaway after his exit, the problem with corporate boards, and why equities are still the place to be long-term.
markets
Global Market Report - 26 February
Australian shares face another hammering after big falls on US equity markets overnight following a warning for Americans to prepare for the coronavirus.
stocks
Earnings wrap: Coronavirus strikes again, travel stocks in the crossfire
Sydney Airport, Auckland Airport and Qantas have been jostled by the outbreak, but analysts remain upbeat for the future.
stocks
NIB, Medibank earnings point to sector-wide weakness
Private health insurers are suffering as Australia's ageing population pushes up medical costs.
personal-finance
Volatility is here to stay - here's what to do
Morningstar's director of personal finance Christine Benz explains how investors - young and old - should navigate how the coronavirus, the US election and frothy stock prices.
markets
Global Market Report - 25 February
Australian stocks are set to dive again after fears about the spread of the coronavirus sparked a major sell off on global markets overnight.
etfs
Morningstar dumps Aussie yield ETF play from coverage
The BetaShares passive fund YMAX is expensive and its returns trail the index, says Morningstar.
stocks
Rising jobless rate hits retail
Shopping mall operator Scentre Group and consumer electronics retailer JB Hi-Fi suffer as rising unemployment adds to poor wages growth and high household debt.
markets
Morningstar runs the numbers
We take a numerical look through this week's Morningstar research. Plus, our most popular articles and videos for the week ended 21 February.
stocks
Why mining dividends are a flash in the pan
A near-record dividend payout from BHP reflects high iron ore prices and miners flush with cash, but these conditions won’t continue long-term, says Morningstar’s Mat Hodge.
markets
Global Market Report - 24 February
The ASX is expected to decline when it opens this week due to fears coronavirus is spreading across Asia and will increasingly impact global economic activity.
markets
Note from the editor - 22 February
Low rates 'for decades'; emerging market debt; virus and Chinese tech stocks; Aussie's fall; $1.5 trillion fund merger; portfolio rebalancing; earnings; tyranny of Theranos.
funds
Fund spy: efficiency and diversification of SMAs
Separately managed accounts offer some of the same benefits as managed funds, but without the pooled structure, providing greater visibility and control.
stocks
Beleaguered Pact turning a corner
The specialist packaging group has again withheld a dividend but margins are improving and it’s putting the money to good use, says Morningstar’s Grant Slade.
personal-finance
Investing basics: what your spouse must know about investing
Could your partner handle these issues without you?
stocks
Earnings wrap: Coronavirus hits WiseTech and Crown
Australian companies are suffering the consequences of the deadly coronavirus outbreak in China.
markets
Global Market Report - 21 February
Australian shares are poised to open softer following a record high on the local market and after US markets soured following a rise in coronavirus cases.
stocks
Investors ignore Wesfarmers, Coles risk at their peril
The disconnect between Wesfarmers' 3 per cent dip in operating profit for first-half 2020 and its "ritzy" share price is a prime example of investors ignoring risk, Morningstar says.
stocks
Chinese internet firms may prove immune to coronavirus
Ecommerce, online entertainment, education, and business services may see faster adoption rates in the long term, says Morningstar’s Chelsey Tam.
markets
Firstlinks newsletter - 20 February
Low rates for decades; Equity managers in cash; Not real disruption; Sustainable returns; Move to alternatives; No super mega fund; Check on SMSFs.
markets
Global Market Report - 20 February
Australia's share market is set to follow global markets higher as coronavirus fears abate.
stocks
Upbeat Carsales result defies flagging auto sales
Carsales.com's latest result proves there's life in the auto sector yet, despite the death of General Motors' Holden brand earlier this week.
funds
Fund giant Franklin Templeton to buy rival Legg Mason
$4.5 billion deal will put the combined group, which has $1.5 trillion in assets, in the top six of global asset managers by size.
stocks
Best Stock Ideas webinar | February 2020
Morningstar's Director of Equity and Credit Research Australia & New Zealand, Adam Fleck, is joined by members of the research team to discuss February's Best Stock Ideas list.
stocks
Brambles’ growth story intact despite headwinds
Wide-moat logistics company Brambles is poised for long-term growth following strong gains in its operations in the Americas.
stocks
Oil price fears boost Woodside's investor appeal
Investors are underestimating the growth potential of the Australian oil and gas company Morningstar says, as coronavirus dampens oil prices.
markets
Global Market Report - 19 February
Australians shares are poised for a cautious open after US markets and oil slid overnight on a coronavirus scare.
stocks
Telstra faces Vodafone-TPG tie-up
Morningstar equity analyst Brian Han reckons the Vodafone-TPG is a 75pc chance of proceeding but says there's a risk of overestimating its effect on Telstra.
stocks
Magellan on track to crack $150bn, but analysts wary
Hamish Douglass’s equities juggernaut screens as expensive despite a profit surge and higher dividend.
markets
Dollar’s slide good for investors looking offshore
A fall in the Australian dollar magnifies returns when international assets are converted into local currency. Conversely, a rise in the Aussie would decrease returns.
markets
Morningstar runs the numbers
We take a numerical look through this week's Morningstar research. Plus, our most popular articles and videos for the week ended 14 February.
stocks
AMP posts $2.5bn loss, dividend cut
AMP Limited has slumped to a full-year net loss and will not pay a final dividend.
personal-finance
What Theranos can teach us about human behaviour
Lessons from the fall of grace of the woman once considered to be the 'new Steve Jobs'.
markets
Global Market Report - 18 February
Australian shares are set for a flat opening as investors wait to take leads from local profit results and news.
stocks
Challenger bolstered by rising offshore demand
A Japanese sales bonanza and rapid returns from Challenger's UK pensions business have improved Morningstar's outlook for Australia's largest annuities company.
etfs
State Street closes fee gap as ETF investors chase value
State Street Global Advisers cuts fees, this time on its ASX200-tracking ETF.
stocks
Opportunity knocks with Chinese shares
China’s new economy sectors are forecast to rebound from the short-term sell-off and continue to do relatively well.
etfs
Staying on target: Portfolio rebalancing and ETFs
Exchange-traded products can help investors strike the delicate balance between being too hands-on with their portfolios and fiddling too much.
markets
Global Market Report - 17 February
Australian shares are expected to dip when trading resumes this week, with investors feeling cautious as the market teeters near record highs.
markets
Coronavirus: Market reaction in 6 charts
Global market reaction to the coronavirus outbreak has been mixed: Chinese shares have slumped, gold and the Japanese yen have rallied, but US stocks have bounced back quickly
markets
Note from the editor - 15 February
Telstra's rough week; Vodafone-TPG merger; CBA and CSL shine but remain overvalued; coronavirus gets a grim new name; sustainable investing; Aussie QE?
stocks
CBA result puts dividend fears to bed, NAB on track
Despite a profit dip there are many positives for CBA, including growth in mortgages and deposits and a strong balance sheet, says Morningstar equity analyst Nathan Zaia.
personal-finance
Investing basics: budget for a life together
Creating a joint budget is one of the first steps to a happy financial union.
funds
Fund Spy: Australian ethical funds bridging the gap
The performance gap between these Australian ESG funds and their plain vanilla equivalent is narrowing, but gains are in lock-step with rising oil and commodity prices.
markets
Global Market Report - 14 February
Australian shares look set for a quiet end to the week after world health officials eased fears of a sharp rise in coronavirus cases.
stocks
Doubts over James Hardie's bullish outlook
The building materials supplier's long-term North American market share forecast is too ambitious, says Grant Slade
stocks
UPDATED: Your guide to February Reporting Season 2020
Never miss a result. See Morningstar's handy list of more than 150 companies under coverage that will release earnings results during February Reporting Season.
stocks
JB Hi-Fi’s profit soars but Amazon looms large
JB Hi-Fi has staved off the Amazon threat for now, posting record profits and strong summer sales in the second half of 2019.
personal-finance
ESG and sustainable investing: a guide
Many people believe they will sacrifice return if they invest in line with their beliefs, so they figure they should hold their nose and stick with conventional investments. Not true!
markets
Firstlinks newsletter - 13 February
Cash is not just cash, is Aussie QE here? NAB hybrid contest, hold your winners, property flows, retirement gap, advice reduces worries, total return.
markets
Global Market Report - 13 February
The Australian share market is tipped for another rise after positive sessions on global markets as fears about the economic impact of the coronavirus eased.
stocks
Earnings: Transurban good first half, but Sydney disappoints
Transurban has confirmed a higher first-half payout on a toll revenue boost, despite a softening in traffic growth on several Sydney and Melbourne roads over the past six months.
stocks
Could Coronavirus hit China's luxury boom?
Morningstar analyst Jelena Sokolova looks at the potential impact of the coronavirus on the luxury goods sector.
stocks
Fortescue faces uphill climb
The near-term outlook for Fortescue Metals Group is strong but the twin tailwinds of high iron ore prices and buoyant Chinese demand may fade, says Morningstar.
personal-finance
Putting a price on financial advice
A 12 per cent spike in the cost of financial advice may be a deterrent, but have you thought about how much money your adviser could be saving you?
funds
Morningstar Australia Awards 2020: Finalists announced
A complete list of the nominees for the 2020 Morningstar Australia Awards.
personal-finance
A tipping point for sustainable investing
Investors are realising they must better understand how climate change is affecting their investments at the asset-class, regional, industry, and company levels.
markets
Global Market Report - 12 February
A flat open is tipped for Australian shares even though major US and European markets surged to fresh records overnight amid renewed coronavirus hopes.
stocks
Is there a window of opportunity at Boral?
Is there a window of opportunity at Boral? The buildings products maker has fallen 45 per cent since its high of $8.22 in February 2018.
etfs
Broaden your income with emerging markets debt
Emerging market bonds have generated returns of about 7 per cent over the past 15 years and ETFs offer a way to gain exposure to this asset class.
markets
Morningstar runs the numbers
We take a numerical look through this week's Morningstar research. Plus, our most popular articles and videos for the week ended 7 February.
retirement
Adding kids to your SMSF
Mixing money with family can be a recipe for disaster. But there are benefits in adding children to a self-managed super fund, providing it is carefully managed.
markets
Global Market Report - 11 February
The Australian share market is heading for a rise after positive US data prompted a bounce on Wall Street.
stocks
High house prices mask Mirvac's looming risks
Buoyant house prices underpinned Mirvac's interim profits for the first-half of fiscal 2020 but margins are at risk longer-term, says Morningstar.
stocks
Earnings Week 1: News Corp, Genworth, REA
News Corp posts weak result as it tries to trim the fat while housing conditions have boosted the fortunes of Genworth and REA Group.
stocks
4 healthcare stocks attractive on valuation and ESG risk
Morningstar's Karen Andersen explains how environmental, social and governance issues affect Big Pharma and biotech companies.
markets
Global Market Report - 10 February
Australian shares look set to open flat amid renewed global concerns about the coronavirus outbreak.
markets
Coronavirus dents shares, but impact may be limited
The outbreak will weigh on the earnings of leisure and education companies and those selling consumer goods into China, but experts say the effects will be short-term.
stocks
A tale of 3 dividend stocks
Government moves to cut power prices are hurting utility company AGL, as fellow yield stocks Shopping Centres Australasia and Dexus deliver stable interim results.
markets
Note from the editor - 8 February
The case for Whitehaven Coal; spray-on value: Avita Medical; how Morningstar finds its Best Ideas; Neobanks; gold ETFs; Noel Whittaker turns 80.
stocks
Coal case: why Whitehaven is a Best Idea
Lower costs, higher prices, and demand from Asia: key reasons why the miner's shares are going cheap, says Morningstar director of equity research Mathew Hodge.
personal-finance
Investing basics: 6 tips for finding sustainable dividends
Do you know how to spot a pseudo dividend? How can you tell if a company is putting its money where its dividend mouth is?
markets
Global Market Report - 7 February
Australian stocks look set to open slightly higher, buoyed by optimism on global markets.
funds
Are you happy paying LIC kickbacks?
Thousands of Australian investors are paying extra for listed investment companies because of fees to encourage product sales.
markets
Firstlinks newsletter - 6 February
Noel's Top 20 on his 80th; Hugh Mackay on our future; Cooper on retirement worry; more OK Boomer; global small caps; Future Fund changes; LIC results.
markets
Global Market Report - 6 February
Australian shares are poised for another climb after US and European markets rose on positive economic data and news of a possible coronavirus vaccine.
personal-finance
Neobanks take the savings fight to the big four
Online lenders offer ease and alluring rates but is it enough for you to close your account with a big four bank?
markets
Coronavirus: impact and opportunity
History shows that markets have rebounded from global epidemics and while there’s a short-term hit there are also discounts
markets
Global Market Report - 5 February
Australian stocks look set to rise following a rebound in most markets as China's stimulatory measures calm fears about the impact of the coronavirus.
stocks
Morningstar starts coverage of spray-on skin maker Avita Medical
Spray-on-skin maker Avita has had runaway success on the ASX. And it's not done yet, says Morningstar's Nicolette Quinn.
stocks
Coronavirus sends leisure stocks into buy zone
The outbreak is cutting a swathe through markets but the sell-off means 11 travel and leisure companies, including three from Australia, hold renewed appeal.
stocks
First Solar's future bright if it can eclipse rivals
The clean energy company should continue to appeal but must stave off competitors and continue boosting efficiency.
stocks
Two of Morningstar's Best Ideas
Morningstar's Adam Fleck explains how his team decides on which names to recommend and reveals a stock that is trading at a 30 per cent discount to its fair value estimate.
markets
Global Market Report - 4 February
Australian stocks are poised for a flat open despite a rally in US stocks overnight, including strong gains among tech stocks, and surprise strength in US manufacturing.
stocks
How to invest in clean renewable energy stocks in Australia
As Australia's devastating bushfire season brings climate change to the fore, these stocks and funds provide an entry point for investors seeking clean energy exposure.
markets
Morningstar runs the numbers
We take a numerical look through this week's Morningstar research. Plus, our most popular articles and videos for the week ended 31 January.
stocks
Whitehaven joins spray-on-skin maker in Best Ideas list
Demand for coal is expected to rise in Asia, while regenerative skin maker Avita is gaining ground in the US.
stocks
Behind Morningstar's Global Best Ideas list
A margin of safety and high analyst conviction are just two of the criteria behind this monthly selection of stocks for your watchlist, says Morningstar's Adam Fleck.
markets
Morningstar runs the numbers
We take a numerical look through this week's Morningstar research. Plus, our most popular articles and videos for the week ended 24 January.
markets
Global Market Report - 3 February
Australia's share market is expected to follow the US down amid continued fears about the impact on the global economy of the coronavirus.
markets
Note from the editor - 1 February
Outbreak of investor complacency; China investment opportunities; TWE's sobering news; ESG stock picks; stewardship; Jack Bogle legacy; risks of a pay rise.