We see exposure to gold as a way to bring diversification and further hedge the Australian Shares portfolio. Our position in Aurelia Metals reflects a way of achieving this exposure that we assess has considerable potential for upside which we are not paying for.

This week we sat back and took a breath, taking time to inspect what the whirlwind of news, charts and stats (otherwise known as reporting season) over the past few weeks has left in its wake.

After last week’s flood of results, we bring you the latest from MMA Offshore, Paladin Energy and Aveo Group during what was the final week of reporting season.

Reporting season continues this week with another five companies in your equity portfolio releasing results.

We cast our gaze over to the US this week, which is mid-way through its reporting season. Over 40% of companies have reported their second-quarter earnings thus far and reported earnings have beaten what have been rather subdued expectations.