The recent bad news about Kraft Heinz should not come as a surprise. Look out for the bad news to continue from the US consumer titans. Show More
PM Capital Global Companies Fund
The below chart tracks the proportion of the different sectors of the US stock market over the past 218 years: Show More
CIO Paul Moore and our portfolio managers discuss whether on-the ground research in the age of the internet is worth it, what it produces, and a case study on how research-related travel enhanced the investment case for Altium. Show More
The last two weeks have been at odds with our expectations – the market has gone into capitulation mode judging by price action and record outflows. The ‘late cycle’ fears have now rolled through to all sectors; the S&P 500 is off 13.1% since its highs in mid-September (as at... Show More
In this short video, I compare the broad valuations of Australian banks with their global compatriots and find there are still discrepancies. Show More