News for L1 Long Short Fund Limited (LSF.AX)

Here is my medium / long term ASX LIC performance comparison of the most popular LICs against relevant ASX index ETFs. Some years ago, I set up a sharesight portfolio of a lot of the large, popular ASX LICs to see at a glance how their performance looked in terms of total shareholder return. Those…

The L1 Long Short Fund (LSF) portfolio returned 0.7% for the June quarter (ASX200AI -1.1%). Click here to read the full fund letter.

Here is my medium / long term ASX LIC performance comparison of the most popular LICs against relevant ASX index ETFs. Some years ago, I set up a sharesight portfolio of a lot of the large, popular ASX LICs to see at a glance how their performance looked in terms of total shareholder return. Those…

The monthly CPI indicator released by the ABS shows that Australia’s inflation has declined to 6.8% in February YoY, from 7.4% in January.

Short seller Hindenburg Research has created a buzz again after tweeting that it will soon release a new bombshell report.

Bank stocks were rattled on Friday as the ASX tumbled by -1.80%. For the week, the index was down -1.5%. Lithium stocks also sold off.

Aussie shares ended the week on a winning note ahead of the RBA meeting on Tuesday. Lithium stocks gained today

The ASX rose half a percent on the final trading day of February. Adbri (ASX:ABC) fell while Cogstate rose

Here is my medium term ASX LIC performance comparison of the most popular LICs against relevant ASX index ETFs. This is a task I planned to get around doing, when earlier in the year I compared the various ASX LICs performance for FY 2022. To clarify, I didn’t examine every LIC. I simply looked up…

The ABS’ new monthly gauge of Australian CPI released today shows that headline inflation in Australia fell to 6.9% YoY in October.

The market forecast for 2023 is not great. Investing in a long-short fund allows investors to benefit from rises and falls in share prices.

The following table coming up captures the performance of many of the most popular ASX Listed Investment Companies (LICs) for the financial year of 2022. When ASX LICs provide their own performance reporting within their ASX announcements, there is a range of ways they may choose to calculate such numbers. They could in theory leave…

Rich lister and Eagers Automotive's largest shareholder Nicholas Politis has made a series of buys in the company in the past fortnight.

Directors of ASX listed companies continued to invest heavily in their companies as FY22 came to a close amid continued market volatility.

L1 Capital, an investment management firm, published its ‘L1 Long Short Fund Limited’ fourth quarter 2021 investor letter – a copy of which can be downloaded here.

A recent AFR article reminded me once again about how ASX LIC performance fees are a very nice deal for the fund managers. The article quite rightly posed questions about how they are free to choose whatever benchmark they like. Then why they sometimes are rewarded substantially when the shareholders go backwards, and why there…

The top 25 ASX large cap movers for Wednesday