Investing in global stocks requires a global perspective, says Garry Laurence, Portfolio Manager at Perpetual. That means getting your feet on the ground and doing real research. In the video below, he shares a recent example from the Perpetual portfolio, and explains how they built conviction in their view. Show More
Perpetual’s Global Equities team are “true to label” value stock pickers. They use a tried-and-tested methodology, developed at Perpetual over 50 years, to uncover companies with the greatest long-term potential. Garry Laurence, Portfolio Manager, says “As an active, value manager, with a bottom-up investment process, we do not attempt to... Show More
Is Amazon a threat to Woolworths? Can active managers deliver value in large-cap shares? And where are the most defensive earnings on the ASX? Following our quarterly investor update, Perpetual's Head of Equities, Paul Skamvougeras, answered a range of questions from Livewire's editors on current market issues. Show More
The 50-year history of Perpetual’s Industrial Share Fund tells its own story about Australia. It’s one of change and turmoil … but also one of ever-growing prosperity. Above all, it’s a story of the life-changing rewards that investors can reap from investing in Australia through patience and an active, questioning... Show More
Whether or not active managers add value after fees, over the full economic cycle, has been a widely contested topic in investment circles for many decades. However, as we illustrate in the report below, the fact is that active management works in Australia. The average active manager surveyed outperformed the... Show More
Imdex is a global provider of downhole instrumentation, drilling fluids and equipment. What sets Imdex apart from other mining services companies is the IP which it has developed within its products allowing it to become a leader in its field and providing high barriers to entry. In our longform below,... Show More
Perpetual’s Global Equities team are “true to label” value stock pickers. They use a tried-and-tested methodology, developed at Perpetual over 45 years, to uncover companies with the greatest long-term potential. Garry Laurence, Portfolio Manager, says “To get the best performance we speak with more than a thousand companies annually. We... Show More
As a value investor I focus on individual stocks and frequently travel overseas to investigate global investment opportunities. I recently visited the US to explore stock specific ideas with a select group of companies in technology, gaming, housing and financial services. The meetings were insightful, with a number of investment... Show More
OneVue operates two businesses in the financial services sector, both of which are enjoying good momentum. Platform services, which provides investment platform functionality to financial advisers and direct investors is attracting steady inflows. The company has recently released an updated version of their product, Luminous. This investment is already showing... Show More
With major the major banks seemingly in an ex growth phase, we take a look at an eclectic mix of non-bank financials to see if the prospects are any brighter. Berkshire Hathaway sees value in IAG but it hasn't helped the share price. The ASX has a near monopoly position,... Show More
Matthew Sherwood, Head of Investment Strategy at Perpetual sees the biggest risk globally of the next three months being “the battle between those believing in global reflation and those believing in global recession”. The improving growth in the US, Europe and Japan had been supportive for markets over the last... Show More
Matt Sherwood, Perpetual’s Head of Investment Strategy, Multi Asset, says be concerned about the US sharemarket - not US Fed policy. Show More
The upbeat overnight US economic data is a welcome development. While the US recovery is not synchronised in every sector, I think the economy has bottomed early in the second quarter and should improve from here. From a policy and a markets perspective the key question is how strong the... Show More
Stock and futures exchanges to benefit from the coming volatility. Two fund managers quoted in today's AFR are backing stock exchanges as good investments. Ashley Pittard of PM Capital says We love exchanges at the moment, particularly future exchanges. Intercontinental Exchange (ICE) operates a derivatives exchange and clearing house in... Show More
Earlier this week Super Retail Group issued it's third profit downgrade for the calendar year. For a company that has a good track record the downgrades have put pressure on a traditionally resilient valuation. Nathan Parkin, Portfolio Manager of the Perpetual Ethical Fund, has recently added SUL to his portfolio... Show More
The Australian Dollar is a 'risk currency' that undergoes large sell-offs in times of heightened uncertainty and falling markets. This means that foreign domiciled assets held by an Australian investor will appreciate in value as the Australian dollar falls, boosting performance when it is needed most. The negative correlation to... Show More
Financial inquiry poses risks to big four banks. Matt Williams, the Head of Equities at Perpetual says you've got to be careful of the banks (talking on Sky Business). They've really squeezed that lemon hard. Bad and doubtful debt charges are quite low. The price-earnings ratio's that you're buying the... Show More
Perpetual's Matt Sherwod on the key messages for investors from last week. Last week we saw how powerful the US Fed can be in moving markets. The sheer mention of rates being moved ahead of expectations saw markets incur sizable losses, until investors determined that the US economy would have... Show More
Perpetual has lifted its stake in Prime Media Group (ASX: PRT) to 15%, further solidifying it's position as majority shareholder. According to The Australian, Head of equities Matt Williams confirmed Perpetual bought stock in Paul Ramsay's sell-down. UBS were responsible for placing the healthcare group founder's $95.7 million stake with... Show More
Perpetual: In December we took an allocation in the IPO of Dick Smith Electronics (DSH), which was floated by PE firm Anchorage late last year. While the reasons for Dick Smith's underperformance when owned by Woolworths are not clear, we now believe that there are some clearly identifiable opportunities for... Show More