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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.

LiveWire: Dive into the latest insights from Jason Hall on Livewire Markets' must-read article on the intersection of equity and bond yields, inflation spikes, earnings constraints, and rewarding shareholders for risk-taking.

Knowledge is power, and understanding these dynamics is crucial in today's ever-evolving financial landscape. Don't miss out on this enlightening read!

Ausbiz: Jason Hall points out how the current circumstances are markedly distinct from 2007.

LiveWire: Jason Hall shares his insights on investment diversification in this LiveWire article. Understanding the potential drawbacks of relying solely on high dividend payers, the article emphasizes the significance of diversification in safeguarding investments against risks and volatility.

Ausbiz: Jason Hall underscores the necessity to weigh industry concentration and interest rate risks when venturing into high-yield Australian listed stocks. From his perspective, investors err by focusing solely on high yield stocks.

Ausbiz: Jason Hall discusses the performance of high yield investing in Australian-listed stocks over the last 41 years, outlining that portfolios with high yields have produced roughly a 2.3% annual advantage on returns versus the wider market with half originating from imputation benefits.

Ausbiz: Richard McDougall discusses the S&P Dow Jones Indices Australia Persistence Scorecard for the year-end 2022.

Ausbiz: Jason Hall emphasises the significance of considering various factors while setting up an asset allocation for superannuation investors.

Ausbiz: Richard McDougall offers his perspective on the obstacles active managers face and their approaches to overcoming them.