Category: News

The global $200 billion black hole in marketing spend and the Aussie tech trying to fix it. Global marketers are wasting $200 billion, or one third of their budgets, because advertising campaigns are poorly briefed and don’t have a strategy, according to the global Better Briefs Study which focussed on the effectiveness of modern marketing.

An onslaught of interest rate rises aimed at bringing the markets back to normal led to a hard reality check for Credit Suisse. While UBS, or Union Bank of Switzerland, secured an opportunistic 3-billion Swiss Franc deal to buy out its rival, the e-commerce crowd decided to follow suit.

After the bailout of Credit Suisse by UBS and Swiss regulators, faith in the banking system was seemingly restored, as equities markets rallied the following day, after an initial sell-off.

Every second week we invite a leading fund manager to present at The Insider: Meet the Fund Manager. In February 2023, we were joined by Cyan Investment Management’s co-founder Graeme Carson who cited RAIZ Invest Limited (ASX: RZI) as one…

Since its IPO on January 9th, rare earth and critical mineral sands mine development company, VHM Limited (ASX: VHM) has been busy, with some key announcements over the last couple of months.

The integration of Spectur’s (ASX: SP3) acquisition of 3 Crown Technologies (3CT) is going swimmingly, with phase one of the unification complete – meaning primary HR, financial and banking workstreams are supported with Spectur systems. 

In the lead up to this week’s The Insider: Meet the Fund Manager, David McNamee from Altor Alpha Fund sat down with Reach Markets to provide a bit of information about his investment strategy, industries of interest and view on the market.

US markets rebounded as investors keep a laser focus on the Fed’s interest rate decision, which is now just one day out. 8 out of 11 sectors in the S&P 500 finished higher, with the index locking in 1.3% of gains. 

Every second week we invite a leading fund manager to present at The Insider: Meet the Fund Manager. In February, Cyan Investment Management’s Graeme Carson selected logistics business Silk Logistics Holdings as one of his favourite stocks, highlighting the company’s $90 million (FY14) to $394 million (FY22) jump in revenue and founder-led management.

With fears of a global banking crisis after the Silicon Valley Bank and Signature Bank collapses, UBS has come to the rescue of Credit Suisse, acquiring the troubled bank for 3 billion Swiss francs ( AUD $4.5 million).

Clinical stage oncology company Prescient Therapeutics (ASX: PTX) has announced continued promising data for its targeted therapy PTX-100, after releasing Phase 1b trial data that showed a wealth of positive data – including two complete responses in patients with relapsed and refractory (r/r) Peripheral T-cell Lymphoma (PTCL). This data comes on the heels of a recent announcement by the US Food and Drug Administration (FDA) to grant PTX-100 Orphan Drug Designation for all T-cell lymphomas.  The company is now expanding the trial in preparation for a Phase 2 Accelerated Approval trial.

Thinking of ‘cycling through the streets of Paris’ paints a near perfect picture of charming laneways with an abundance of cafés, the sounds of an accordion bouncing off stone buildings rich with architecture and – if one business owner has anything to do with it – funerals.