Insights

Find out all the latest news and information from Collins Street Asset Management including quarterly reports and other recommended readings.

Quarterly Reports & Thematic Articles

Collins St Value Fund March 2024 Quarterly Report

May 8, 2024
The March 2024 Quarterly Report for the Collins St Value Fund discusses the role of the Board in an ASX listed company and some of the positive traits that Collins St Asset Management look for prior to investing in a company. An update is also provided on the fund’s performance (+18.6% net for the Financial Year to 31 March 2024) and a selection of high conviction positions including Carnarvon Energy, Boom Logistics and Litigation Capital Management.

Collins St Value Fund December 2023 Quarterly Report

February 5, 2024
The December 2023 Quarterly Report for the Collins St Value Fund discusses the concept of change as it relates to investment philosophy, research processes, portfolio construction and corporate activism. An update is also provided on the fund’s holdings in Carnarvon Energy and Link Administration Holdings.

Collins St Value Fund September 2023 Quarterly Report

November 8, 2023
The September 2023 Quarterly Report for the Collins St Value Fund discusses the distinction between investment risk and uncertainty, with some perspective on what it takes to be a successful investor over the long term alongside an update on the Fund’s holdings in Carnarvon Energy and MMA Offshore.

Collins St Value Fund June 2023 Quarterly Report

July 27, 2023
The June 2023 Quarterly Report for the Collins St Value Fund discusses the importance of staying true to your research process and investment philosophy throughout the cycle as well as provides an update on our positions in Beach Energy, National Tyre & Wheel, Carnarvon Energy and Retail Food Group.

Collins St Value Fund March 2023 Quarterly Report

May 30, 2023
The March 2023 Quarterly Report for the Collins St Value Fund outlines our approach to patient, long-term value investing with an emphasis on some of our observations on the broader macro environment and the importance of ‘hands on’ bottom-up research. Specific stocks that are discussed include Link Administration, Carnarvon Energy and West Gold Resources.

June 2022 Quarterly Report

August 2, 2022
The June 2022 Quarterly Report discusses the corrections and recoveries over the years, and provides our thoughts on what to look out for in turbulent markets.
March 2022 Quarterly Report

March 2022 Quarterly Report

May 5, 2022
The March 2022 Quarterly Report discusses the importance of simplicity in investment analysis and decision making as well as some of the high conviction stock positions which lead to the +6.5% net returns for the March 2022 quarter, with a convertible note position taken in Astron (ATR.ASX) and a take-over arbitrage in Crown Resorts (CWN.ASX) as case studies.

December 2021 Quarterly Report

January 16, 2022
The December 2021 Quarterly Report discusses the drivers of our +25.5% net return for the 2021 calendar year, our sixth consecutive year of positive returns, some key lessons learned (and many revisited!) from the markets in 2021 and a topical piece on alignment of interests and some of the ways we assess the remuneration of company executives.

September 2021 Quarterly Report

October 17, 2021
An overview of the Collins St Value Fund’s 5.5% net performance for the September 2021 quarter along with some insights into the opportunities and risks associated with founder led businesses and the way in which the Fund is addressing the risk of rising inflation.

June 2021 Quarterly Report

August 1, 2021
An overview of the Collins St Value Fund’s 12.13% net performance for the June 2021 quarter, as well as some perspectives on the differences between ‘value’ and ‘contrarian’ investing and the question on many investors minds – what next?

March 2021 Quarterly Report

March 31, 2021
After a year of lockdowns, political and social unrest, huge crashes and rallies in the stock market and a global pandemic, it was a pleasant change of pace to see the markets generate more normalised activity and returns during the March quarter – even with the significant amount of company reporting in February.

December 2020 Quarterly Report

January 14, 2021
An overview of the Collins St Value Fund’s 16.8% out-performance (gross) of the ASX 200 for the period as well as a discussion on investor psychology throughout COVID-19, the key drivers of performance throughout 2020 and a selection of topical stocks that were bought throughout the year.