Latest report | Vertium Equity Income Fund
MONTH TO 30 NOV 2017 | The Vertium Equity Income Fund returned 1.09% for the month of November, underperforming the S&P/ASX 300 Accumulation Index. View report
Big hat, no cattle
SAM DYSON | Mining 101: a good mining company makes money at the low end of a steep cost-curve. This is BHP’s strategy and it is working wonders in iron ore. However, in 2011 BHP forgot this simple rule. Deal hungry and with cash flow burning a hole in the pocket after two failed takeovers, […]
Santos projects in the spotlight for investors
AUSTRALIAN FINANCIAL REVIEW | “These projects can be huge cash flow providers at the right oil price, but they also can create a huge contingent liability as well,” said Jason Teh, Chief Investment Officer at Vertium Asset Management. Read full article in the Australian Financial Review
Latest report | Vertium Equity Income Fund
MONTH TO 31 OCT 2017 | The Vertium Equity Income Fund returned 1.37% for the month of October, underperforming the S&P/ASX 300 Accumulation Index. View report
Equity ‘bubble’ fears overstated: Vertium AM
INVESTOR DAILY | Most stocks on Australian and US stock exchanges are trading well below their pre-GFC valuations, says Vertium Asset Management chief investment officer Jason Teh, who will be speaking at the InvestorDaily Asset Strategy Forum 2017 next week. Read full article in Investor Daily
Fund star Teh casts light on low-risk winners
THE AUSTRALIAN | It may be the most-hated bull market in history, but there are still some low-risk buying opportunities for income-focused investors, says Vertium Asset Management chief investment officer Jason Teh. “Every second week you hear a bear market prediction, and that’s a healthy sign,” he told The Australian yesterday. “I’m not seeing ridiculous earnings multiples.” […]
Lonsec awards 'Recommended' rating
Lonsec has awarded the Vertium Equity Income Fund its ‘Recommended’ rating following a review of the manager’s fund in October 2017 – just three months after Vertium Asset Management was launched by Jason Teh in partnership with Copia Investment Partners. In its review, Lonsec highlighted the fund’s “highly appealing” investment strategy and noted Vertium’s founder, […]
The ASX dividend dilemma | Q&A with Jason Teh
LIVEWIRE | The ASX has been viewed as a stable source of income, given the context above do you believe this is changing? Ever since the introduction of the dividend imputation system, Australian companies have recognised that shareholders value franking credits. Hence, Australian companies generally pay higher dividends as a form of capital management compared […]
Watchdog slams AGL on Liddell
AUSTRALIAN FINANCIAL REVIEW | “I’m just assuming the board will be rational about it. They had a rough plan sorted out for the post-Liddell world anyway for replacing that capacity. I suspect it will be further tweaking of that plan,” said Jason Teh, Chief Investment Officer at Vertium Asset Management. Read full article in the Australian […]
Latest report | Vertium Equity Income Fund
MONTH TO 31 AUG 2017 | The Vertium Equity Income Fund finished the month of August up 0.93%, ahead of the S&P/ASX 300 Accumulation Index which returned 0.75%. View report