31 Aug 2026Ralton Asset ManagementCSLHeldRalton Asset Management continues to hold CSL because it contributed positively in August, returning 39.4% after full-year results met consensus. Ralton notes the result reinforced sentiment that operational headwinds have troughed and the worst of post-pandemic cost and margin pressures is over. Investor confidence improved on stabilising plasma collection costs and sequential margin recovery within CSL Behring, prompting a sector re-rating on clearer medium-term earnings visibility and reversing the stock's previous downward trajectory.
31 Aug 2026Ralton Asset ManagementQBEHeldRalton Asset Management continues to hold QBE Insurance Group, which detracted with an 8.6% fall in August despite 1H26 results delivering adjusted net profit of US$1,033 million and an annualised return on equity of 17.7%. Ralton notes the stock derated as investors rotated capital out of insurers amid peak-cycle concerns, specifically decelerating premium rate increases against claims inflation, signalling potential insurance margin compression.
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11,356 comments from 164 managers on 761 companies, snapshot 15 Oct 2026.
31 Aug 2026Ralton Asset ManagementCSLHeldRalton Asset Management continues to hold CSL because it contributed positively in August, returning 39.4% after full-year results met consensus. Ralton notes the result reinforced sentiment that operational headwinds have troughed and the worst of post-pandemic cost and margin pressures is over. Investor confidence improved on stabilising plasma collection costs and sequential margin recovery within CSL Behring, prompting a sector re-rating on clearer medium-term earnings visibility and reversing the stock's previous downward trajectory.
31 Aug 2026Ralton Asset ManagementQBEHeldRalton Asset Management continues to hold QBE Insurance Group, which detracted with an 8.6% fall in August despite 1H26 results delivering adjusted net profit of US$1,033 million and an annualised return on equity of 17.7%. Ralton notes the stock derated as investors rotated capital out of insurers amid peak-cycle concerns, specifically decelerating premium rate increases against claims inflation, signalling potential insurance margin compression.
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