One year on from the Market Crash: We analyse both downside protection and upside capture; the reason for Watershed's top of the table performance. The Watershed Multi-Asset Models finished the March Quarter remaining at the top of the performance tables across all major risk categories - Conservative...

WATERSHED MULTI-ASSET PORTFOLIOS COMFORTABLY TOP THE CHARTS IN 2020 The Watershed Multi-Asset models rounded out the 2020 Calendar year with another quarter of exceptional performance. Each of our Conservative, Balanced and Growth Portfolios remain well ahead of both their respective benchmarks and ind...

There is not a lot that can be said about Calendar Year 2020 that hasn’t been said already. From a market perspective, few in recent history have been as challenging. The year began watching our nation on fire and within a short period of time we were staring down the smouldering wreckage of a share mark...

In an industry where you are often deluged with performance tables it is easy to become somewhat desensitised to what appear to be subtle differences in percentage return. The difference between a 5.5% return and a 6.5% return over a quarter or a year-long period may seem minor. However, when extrapolate...

This year has been an incredibly interesting one (for lack of a better adjective) for advisers and fund managers and a year in which I am incredibly proud of the outcomes delivered by our team. In thinking about the ‘why’, I recall this article from a few years ago about what makes a good fund manager - Ad...

A young Mike Tyson was asked in the early 1980’s about his next prospective opponent and their claim that, having dissected his fighting style, they had devised a strategy with which he would be beaten. His dismissive response, though not Shakespearean, was “everybody has a plan…until they get punched in ...

The Australian market continued to grind higher through the August reporting season finishing up 2.2%. Once again however, this lagged US equities, with the S&P500 up 7% and the technology heavy NASDAQ up nearly 10% in the month. The Small Ordinaries on the other hand was up 7.1% and has continued its stro...

The last half of the 2019 financial year saw violent market gyrations as the world grappled with the fallout from the global Covid pandemic. Dramatic market declines were followed by almost equally expeditious market gains with many bourses worldwide clawing back much of the catastrophic losses incurred d...

The June Quarter and 2020 Financial Year was a highly successful one for the Watershed Portfolios. All Equity SMA’s; International Share, Australian Share (large cap) and Emerging Leaders (mid cap) strongly outperformed their respective benchmarks for the year This outperformance coupled with shrewd Dyna...

Our experience has been markedly different, with our much larger Investment Committee structure of yesteryear proving cumbersome and far more cluttered in terms of management. We have found having a more concentrated portfolio management team who, whilst having a niche sectoral expertise, are integrated a...

The Watershed Emerging Leaders SMA returned 13.09% for the month of May and 5.44% over the past twelve months, significantly outperforming its benchmark and its industry peers. Carrying a cash weighting of 34% into March, it was able to take advantage of the indiscriminate selling that ensued, and selectiv...

Episode 3 - in this episode we discuss China's May data dump and highlight May's very strong US Retail Sales