Sunset Strip | Aussie Afternoon Institutional Market Wrap
Aussie market started negative and then had a slight recovery before the close. The selling looks to be global investors selling out of Australia for currency worry on both equities and bonds. All the macro signals from US Fed, China and the domestic economy points to lower currency and hence global investors are taking profit. The market will wait and see what happens with all the global and local macro over the next two days before breaking out of the recent up and down trend. Small Cap continues to outperform Big Caps on a month to date and year to date basis. If you want growth and yield, it is time to look past the usual candidates and go up the risk ladder to Small Caps…preferred small cap sectors are Tech, Telco and Health. (VIEW LINK)
Over 25 years’ experience in the finance/tech industry. Mathan has worked extensively in all parts of the finance sector (i.e. County NatWest, Citi, LIM, Southern Cross, Bell Potter, Baillieu Holst and Blue Ocean Equities). Currently Founder and...