Shaw and Partners

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Shaw and Partners continues to invest into expanding the management capabilities of the Private Wealth team in Sydney, with both Chris Smith and Sarah Coulthard joining in recent weeks. “I am delighted to have Chris join us as NSW State Manager after an extensive career spanning nearly 25 years at Macquarie group both here and overseas. Chris brings with him a wealth of management experience and expertise and I look forward to working closely with Chris to grow our business," said George Deva, Shaw and Partners National Head of Private Wealth. "Similarly we have been very fortunate to have Sarah join us from our Brisbane office where she was instrumental in managing our office for over 4 years. Sarah brings a strong working knowledge of our business and culture and will be a key part of the Sydney team". #WealthManagement #ShawAndPartners #AdviserExpertise #ClientFocus Shaw and Partners

𝐒𝐡𝐚𝐰 𝐚𝐧𝐝 𝐏𝐚𝐫𝐭𝐧𝐞𝐫𝐬 𝐜𝐨𝐧𝐭𝐢𝐧𝐮𝐞𝐬 𝐭𝐨 𝐚𝐭𝐭𝐫𝐚𝐜𝐭 𝐬𝐨𝐦𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐦𝐨𝐬𝐭 𝐞𝐱𝐩𝐞𝐫𝐢𝐞𝐧𝐜𝐞𝐝 𝐚𝐧𝐝 𝐡𝐢𝐠𝐡𝐥𝐲 𝐫𝐞𝐠𝐚𝐫𝐝𝐞𝐝 𝐚𝐝𝐯𝐢𝐬𝐞𝐫𝐬 𝐚𝐜𝐫𝐨𝐬𝐬 𝐀𝐮𝐬𝐭𝐫𝐚𝐥𝐢𝐚. “The best wealth management professionals continue to choose Shaw and Partners as their home to grow their business and service the evolving advice needs of their clients,” said George Deva, Shaw and Partners National Head of Private Wealth. “Their decision to join the Sydney Private Wealth Advisory Team ratifies Shaw and Partners as the wealth management firm of choice, and we are delighted to have such a high calibre group of recruits join us.” Ernesto Santone, Nathan Charteris, Luke Herzog, Renato Miletic, Stephen Donohoe, Graham Kaplan, Daniel Lalabalavu and Michael Holmes. #WealthManagement #ShawAndPartners #AdviserExpertise #ClientFocus Shaw and Partners

WEEKLY MARKET UPDATE: Dow Jones ends week at record high. Central bank meetings fuelled market moves for the week. On Wednesday the Federal Open Market Committee (FOMC) concluded its two-day policy meeting, kicking off its rate cutting cycle with a 50bps reduction in its interest rate. Just a few weeks ago markets had been pricing in only an 18% chance of a 50bps cut, although on the day of the meeting this had increased to 70%, perhaps providing the Fed some cushion to enact the move without jolting markets. Market reaction on Wednesday was actually somewhat muted, with slight weakness in the major indices. However, the following session saw the S&P 500 and Dow Jones Industrial Average jump to record highs, with investors cheering the jumbo move and hopes of a soft landing for the economy. The rally was unable to carry across to Friday’s session, but indices still saw gains. The S&P 500 was up 1.4%, with gains broad-based and the utilities sector ending the week at an all-time high. The Dow Jones closed at a new high, gaining 1.6% while the tech-heavy Nasdaq added 1.5%. Small caps which tend to be more sensitive to interest rates outperformed, with the Russell 2000 index advancing 1.9%. Economic data for the week was generally positive, with weekly jobless claims dropping by more-than-expected, reaching their lowest level since mid-May, while retail sales unexpectedly climbed in August. The Treasury curve continued to steepen, with the 10-year Treasury yield rising modestly even after the Fed cut. Read full Shaw and Partners article here: https://lnkd.in/g9Q__j-Y

Massive congratulations to Jack Perkins for claiming his second win of the 2024 Dunlop Super2 Series last weekend, in just his third start of the year! Jack delivered a dominant performance in Race 1 at Sandown, driving the Mustang for Blanchard Racing Team. Shaw and Partners has proudly partnered with Jack for several years, and we couldn’t be more thrilled to see him back on top of the podium after his success in Townsville. Go Jack! Now, let’s gear up for the ultimate showdown – the Bathurst 1000, happening from 10-13 October 2024!

Shaw and Partners congratulates WIN Metals (ASX: WIN) on the completion of their successful A$3.6million conditional capital raising to primarily fund the acquisition of the Butchers Creek Gold Project.   Shaw and Partners was pleased to act as Joint Lead Manager to the placement.   About Butchers Creek Gold Project: ✅ Butchers Creek is a historic gold production centre located 30kms East of Halls Creek in the East Kimberley region of Western Australia. ✅ Mineralisation at Butchers Creek remains open with significant potential to extend to the south of current drilling. ✅ Butchers Creek offers immediate near mine drill targets as well as multiple high order drill targets to continue to develop the Project. ✅ An aggressive exploration program is underway, with drilling expected to commence in October 2024. ✅ Further information with respect to the Butchers Creek Project is set out in the Company’s announcement dated 28 August 2024. WIN also announced that they had awarded an RC drilling contract to commence the drilling programme at Butchers Creek before the wet season commences. WIN’s maiden Drill Programme comprises of 23 holes for 7,000m of Reverse Circulation (RC) drilling - https://lnkd.in/gMy-3wgU *This offer is available to Wholesale investors only (as that term is defined in the Corporations Act). Shaw and Partners Limited acted as Joint Lead Manager for WIN Metals Limited in relation to the offer and received fees for that service.

Shaw and Partners welcomes Nathan Charteris to the Sydney private wealth advisory team. National Head of Private Wealth, George Deva said ‘Nathan brings over 20 years of financial markets experience to servicing the current and ongoing investment needs of his clients. With his professional and personable approach, I am delighted he has chosen Shaw and Partners as his home to further his career and service his clients’. 

Tectonic. The month began with a sharp market downturn, with the S&P 500 dropping over 6% in the first three trading days of August, and the "Magnificent Seven" stocks losing nearly 10% in the first week. This decline was driven by fears of slowing growth after July's nonfarm payrolls came in significantly lower than expected at 114K, compared to a consensus of 175K and a revised June figure of 179K. The unemployment rate also increased to 4.3%, raising concerns of a potential recession and leading to a spike in expectations for a Fed rate cut in September. The selloff was exacerbated by the unwinding of the yen carry trade and a significant spike in the VIX. However, the market rebounded later in the month as the likelihood of a soft landing increased and the Fed signalled a rate cut in September. July's core CPI matched expectations, with the slowest three-month annualised core CPI pace since February 2021. Fed Chair Powell confirmed the shift in focus to the labour market, noting that inflation risks have balanced out. As concerns around growth eased, expectations for Fed rate cuts also diminished, with the market now seeing only a ~30% chance of a 50-basis point cut in September and around 100 basis points of cuts by year-end. The Shaw and Partners Income Goal Portfolio returned 0.27% in August, below the objective of 0.61%. This included approximately 0.39% from income. Since inception, the portfolio has achieved an annualised return of 6.36%, compared to the return objective of 4.40%. Download SMA reports: https://lnkd.in/gpWsRaKR

𝐒𝐡𝐚𝐰 𝐚𝐧𝐝 𝐏𝐚𝐫𝐭𝐧𝐞𝐫𝐬 𝐚𝐩𝐩𝐨𝐢𝐧𝐭𝐞𝐝 𝐉𝐨𝐢𝐧𝐭 𝐋𝐞𝐚𝐝 𝐌𝐚𝐧𝐚𝐠𝐞𝐫 𝐭𝐨 𝐀𝐦𝐚𝐞𝐫𝐨 𝐈𝐧𝐭𝐞𝐫𝐧𝐚𝐭𝐢𝐨𝐧𝐚𝐥'𝐬 𝐜𝐚𝐩𝐢𝐭𝐚𝐥 𝐫𝐚𝐢𝐬𝐢𝐧𝐠. Amaero International Ltd (ASX:3DA), a US-based manufacturer of niobium and titanium compounds for defence, space and aviation industries, is expected to announce a $25 million equity raise on Monday after securing a key client.   Street Talk understands Amaero, capitalised at $198.3 million on the ASX, found enough demand to raise $25 million via a placement priced at 35¢ a share or a 4.1 per cent discount to the last close. The company’s initial ask was for $20 million, but it received bids for nearly $45 million, sources said.   Shaw and Partners was appointed joint lead manager.   The Tennessee-headquartered business pitches itself as a leading US-based producer of the niobium C103 refractory alloy and titanium powders that are vital to manufacturing parts used in defence, space and aviation industries. Its shares have gained 92 per cent over the past 12 months and 46 per cent year-to-date. Read full article here: https://lnkd.in/ebduZM3Q Disclaimer: This offer is available to Wholesale investors only (as that term is defined in the Corporations Act). Shaw and Partners Limited acted as Joint Lead Manager for Amaero International Limited in relation to the offer and received fees for that service. 

The wait is over! We are extremely excited to announce the official dates for the Shaw and Partners Iron Series, where #Australia’s fittest surf sports athletes will battle it out across four intense rounds. With a new format, new locations, a massive $400,000 prize pool, increased competitor numbers, and Shaw and Partners as the new major sponsor, this season is set to be the best in the series' rich 40-year legacy. Leading the charge are Shaw and Partners Brand Ambassadors and defending Series Champions, Lana Rogers and Ali Day, who will compete alongside some of the toughest and fittest athletes on the planet. With each round, competitors will face elimination until only twelve remain for the final showdown. Round 1 – Dec 14-15, 2024 – Wanda, NSW Round 2 – Jan 11-12, 2025 – Newcastle, NSW Round 3 – Feb 1, 2025 – North Burleigh, QLD Round 4 – Feb 2, 2025 – North Burleigh, QLD (Final) Let the countdown begin!