While some research analysts see the new bank taxes as yet another challenge for the sector, Cadence Asset Management’s Karl Siegling shrugs off any concerns around the levies on Macquarie’s bottom line. “The bank levies affect a small percentage of Macquarie’s earnings,” he said. “It affects a very large percentage of the major four banks […]
“At the moment, silver doesn’t seem to be seen as a proxy for certainty at all, not in the way that gold does,” says Karl Siegling, portfolio manager at Cadance Capital. But should the silver price head north, traders might experience a protracted, short squeeze.
Cadence Capital is proud to announce its support for the Australian Stockbrokers Foundation event in June 2017.
A 2017 report by market research firm New World Wealth concluded that a record 82,000 millionaires moved to a new country in 2016, up 26% from 62,000 in 2015. The estimate is that approximately 100,000 millionaires will move country each year by 2018. A millionaire in this report is defined as those having at least […]
After buying PM, Malcolm Turnbull’s 8% stake in Melbourne IT, Cadence Capital has steadily increased its holding to 16.5% and has seen the stock rise from $1.15 to $2.15, and it is tipped to rise further after the purchase of WME Group for $39m.