Luke Laretive

Oct 10, 2024 | livewiremarkets.com | Luke Laretive

Since we launched the Seneca Australian Small Companies Fund in October last year, the fund has generated 28.4% returns after fees, outperforming the benchmark (S&P/ASX Small Ordinaries Accumulation Index) by almost 10%. That result puts the fund in the top quartile of among peers, but what sets our fund apart from other top-performing funds is that we offer a unique fee structure: 0.00% p.a. management fee and a 20% performance fee on returns above the RBA cash rate (with a high watermark).

Sep 6, 2024 | dmarge.com | Luke Laretive

The following article has not been sponsored by any parties. The author, Luke Laretive, is our resident finance expert. While Australia’s hospitality and travel industries continue to be devastated by border closures and lockdowns, the ASX, buoyed by a miraculous NASDAQ bounce back, has rallied harder than a supercar. Now, three years after COVID-19 caused an en masse BASE jump, the ASX is once again navigating troubled waters after an unlikely, tech-driven post-pandemic boom.

Aug 27, 2024 | livewiremarkets.com | Luke Laretive

Inflation is undoubtedly the most important investment data point of 2024, with central banks trying to manage the price inflation of goods and services lower, without driving the economy backwards (i.e. into recession.) Inflation is the rate at which money declines in value (or purchasing power). A low and steady rate of decline encourages individuals to a) spend their money and b) find ingenious ways to make more money from fewer resources - otherwise known as innovation or productivity.

Aug 6, 2024 | raskmedia.com.au | Luke Laretive |Jaz Harrison |Owen Raszkiewicz

The Australian share market has experienced heightened volatility so far in August. On Friday 2 August, the All Ordinaries (INDEXASX: XAO) fell -2.08%, followed by a further -3.81% fall on Monday 5 August, taking August to date returns for the Australian market to -5.24%. Australia has fortunately outperformed, with the NASDAQ Composite Index is down -7.95% and Japan’s Nikkei 225 down over 20%.

Jul 3, 2024 | livewiremarkets.com | Luke Laretive

We believe many investors do not fully understand the Australian coal industry and as a result, indiscriminately screen out both steelmaking and thermal coal companies on Environmental grounds (ESG). In this wire, we attempt to reconcile some of the misunderstandings and outline how investors can best exploit the resultant investment opportunity. Coal is not coalCoal is formed from ancient swamps, whereas peat is compressed by gravity and heat over a very long time (15-200 million years).