Portfolio Update

Portfolio Update – Macquarie Group

Macquarie Group (MQG): This morning, the global investment bank reported its first-half results for 2026, which were solid, with the mortgage bank and asset management offsetting losses in commodities. The HNW Portfolio has a 6% weighting to Macquarie Group. Key Points: [...]

2025-11-13T09:29:07+11:00November 7, 2025|

Reporting Season – Westpac Banking Corporation

Westpac Banking Corporation (WBC) released its full-year results for 2025, which were largely in line with market expectations albeit with a few pleasant surprises. Westpac is the first of the big four banks to report its full-year results this season, with [...]

2025-11-13T09:33:18+11:00November 3, 2025|

HNW Monthly Performance – September 2025

In September, the HNW Australian Equity Portfolio had experienced a challenging month, declining -2.65% and underperforming the benchmark return of -0.78%, primarily due to macroeconomic factors rather than the outlook for company profits in 2026. Investors were probably due for a weaker [...]

2025-11-13T09:48:20+11:00October 3, 2025|

HNW Monthly Performance – August 2025

In August, the HNW Australian Equity Portfolio had a had a challenging month, finishing up +1.34% and behind the ASX 200 TR (ex LPT) return of 3.01%. A disappointing outcome over a month that saw significant volatility, with the average results day trading range of close [...]

2025-09-18T16:20:03+10:00September 4, 2025|

Reporting Season – Wesfarmers

Wesfarmers (WES) presented its full-year 2025 results, which were better than expected, demonstrating that WES's businesses are performing well and taking market share. WES shares were priced for perfection heading into the results, and that is largely what they delivered, something [...]

2025-11-13T10:42:39+11:00August 28, 2025|
Go to Top