The ASX has communicated to all market participants of an industry-wide ASX settlement failure that occurred on Friday the 20th of December. This failure has meant that CHESS was not able to complete market settlement on Friday and has deferred settlement to Monday the 23rd of December. For those clients who had sell trades settling on Friday we have ensured those sale proceeds have been made available to you for trading on Monday. Stock delivery for clients who had buy trades settling will need to wait until Monday before the shares become available to sell. We apologise for any inconvenience this ASX outage has caused.
Crazy rich… the why and the how of investing in asia
With the Asian region expected to host 4 of the world’s 5 largest economies in less than 12 years, investors are starting to take note of our northern neighbours. Despite the fierce growth and positive demographics of the Asian region, global indices under-represent its key markets, and most Australian investors have little to no exposure at all.
In the latest episode of Your Wealth, Dr Mary Manning of Ellerston Asian Investments talks to Gemma Dale about why she believes Asia is the best structural growth story on earth, and covers such diverse topics as:
- Asian vs US tech megacaps: why MAGA is the new FANG, and STAT is the new MAGA
- Why India is her top pick of Asian sharemarkets, delivering 1300% returns over the last 25 years
- How to access the rise of the Chinese consumer and over 1bn Asian millennials, and
- The potential impact of trade talks and tariffs on longer term valuations.
Access this and previous episodes now on iTunes, Podbean or at nabtrade.com.au/yourwealth.
