News

Ausbiz: Jason Hall from Hamilton12 emphasises the importance of considering alpha and maximum relative drawdown when selecting equity funds. Alpha helps investors measure risk-adjusted returns against benchmarks. However, focusing solely on alpha may not guarantee future performance.

Hamilton12 - September Quarterly Review 2024, hosted by Richard McDougall and Jason Hall, presents key insights into the Australian Shares Income Fund. The review covers fund performance, long-term risk and return metrics. Jason also offers an outlook on economic trends impacting the market.

Hamilton12 hosted an insightful webinar that explored the vital role of after-tax investment returns in shaping effective investment strategies. This session provided investors with invaluable insights and practical approaches to optimise their strategies, focusing on the importance of after-tax outcomes in achieving long-term financial goals.

Ausbiz: Hamilton12's Managing Director, Richard McDougall, explains why APRA plans to phase out hybrid securities by 2032. Starting in 2027, banks will shift to subordinated debt and common equity for capital raising. Hybrid securities, combining equity and debt, pose risks in financial distress.

Jason Hall from Hamilton12 explains the divergence in earnings surprises post-earnings season. Jason details an extensive analysis of 1600 companies, divided into quintiles by earnings surprise. Results show stark variations, with bottom 20% facing average downside of 11% and top 20% seeing about 2% upside.

Hamilton12 - June Quarterly Review 2024, hosted by Richard McDougall and Jason Hall includes an in-depth analysis of the Hamilton12 Australian Shares Income Fund, featuring a new section detailing ESG grades. Additionally, Jason provides commentary on RBA-reported interest rates and economic forecasts.

Ausbiz: Jason Hall provides detailed views on factor investing, highlighting its potential for high return exposure. Emphasizing the complexity of this investment strategy, Jason explains two primary ways of portfolio formation.

Hamilton12 has been featured in Livewire Markets' prestigious list of 27 newly launched funds and ETFs to watch in 2024, as part of the Undiscovered Funds Series.

Ausbiz: Hamilton12 's Managing Director, Richard McDougall shares his views on a recent study into the role of endowments in generating market returns.

Join Hamilton12 Co-founders Richard McDougall, Managing Director and Dr Jason Hall, Chief Investment Officer, for an online seminar offering insights and strategies for effective investment management insights and strategies focusing on evidence-based investing and after-tax returns.

Ausbiz: Richard McDougall discusses the role of dividends and excess franking credits in interpreting market forecasts and offers insight into the performance of the ASX 200 in the previous year, considering total returns when studying the price targets set by analysts.

Ausbiz: Jason Hall of Hamilton12 suggests that while predicting earnings surprises from companies is not foolproof, specific trends can be identified, drawing from his analysis of Australian companies over the past 36 years.

Ausbiz: Jason Hall and Juliette Saly discuss how equity manager selection poses as many challenges as selecting equities for a portfolio. Persistent performance against benchmarks, moderate fees, and a high degree of active bets in tandem with a systematic strategy are pivotal for future success.

Ausbiz: Managing Director, Richard McDougall, teamed up with Juliette Saly to explore the substantial influence of franking credits on equity income funds and their noteworthy contribution to portfolio returns.

Ausbiz: Hamilton12 CIO Jason Hall underscores the significance and profitability of high yield and dividend-bearing stocks for an investor's portfolio. Jason's view points out that the market's fixation on interest rates could divert investors from advantageous potentials such as dividend yields.

LiveWire: Selecting an investment manager is hard because we have limited data to separate skill from luck. Ranking on three years of past performance is analogous to tipping the winner of the NRL or the AFL after three rounds of competition.

Ausbiz: Hamilton12 CEO Richard McDougall explains the outcomes of equity general funds as per the S&P's SPIVA Scorecard. According to the scorecard, half of 2023 saw an underperformance of these funds in comparison to the benchmark index.

Ausbiz: Jason Hall challenges the practice of selecting investment managers based on their three-year performance, emphasizing its limited predictive value. He suggests evaluating expected profits, 'active share,' fee structures, and consistent performance across market conditions to identify talented managers, cautioning against overemphasizing fees.

Jason Hall of Hamilton12 discusses how research shows that analyst target prices have value relevance for one to two months subsequent to their release, provided they are formed with sophisticated, unbiased analysis. To identify the most value relevant target price revisions, he stresses the need to consider the timeliness of revisions and the extent of disagreement with the market.

Ausbiz: Richard McDougall from Hamilton12 lays out a distinctive view on evidence-based systematic investing as a third option, divergent from active and passive strategies.