Vanguard Australia has launched a new database containing performance information on Australian equities from the last 90 years.
The Australian Equities Database was compiled by Vanguard in association with the Australian Centre for Financial Studies (ACFS) and draws on data “previously held in disparate shares exchange gazettes and company reports”, Vanguard said.
Vanguard head of market strategy Robin Bowerman said that while historical data can’t be used as an indicator of performance in the future, it can nonetheless “provide valuable insight and perspective” to investors.
“Being able to have a long-term perspective is one of the most powerful traits an investor can have, this can give them the patience and discipline needed to weather market ups and downs without panicking,” he said.
“The Australian Equities Database will certainly prove valuable in being able to help provide that perspective.”
Vanguard said the database will give investors and fund managers the ability to run long-term analyses of various earnings-driving factors, as well as better test their portfolios, a sentiment echoed by ACFS research director Kevin Davis.
“Whether examining how the makeup of the market has changed over the years, how volatility has manifested through various market cycles or the evolution of price-to-earnings ratios and dividend payouts, the Australian Equities Database offers an unprecedented view of long-term performance,” he said.
Perpetual’s profit has fallen with lower performance revenue and $1.5 billion in net outflows escaping its investments business, predomina...
Global small caps are supposed to be more volatile than their large-cap cousins. But do the positives of an expansive investment universe an...
Upstart stock exchange Chi-X has unveiled a new tranche of US-listed blue-chip companies available through its transferable custody receipts...