5 reasons why BT Investment Management (BTT) remains a top pick for us
1. It’s at record FUM of $84 billion, so it starts FY17 in a strong position; 2. The company is experiencing positive net-flows, with over $4 billion in FY16 and with the December quarter already locking in positive $2 billion; 3. There is margin expansion occurring across the group, accelerating the earnings growth; 4.The company is still launching new funds, with capacity enough to double the total FUM across the group over the coming years; and 5. And lastly it’s cheap. It’s on 15x FY17 PE, with double digit EPS growth expected to continue over the foreseeable future. Our last research report is attached.
Never miss an update
Enjoy this wire? Hit the ‘like’ button to let us know.
Stay up to date with my current content by
following me below and you’ll be notified every time I post a wire
Welcome to Livewire, Australia’s most trusted source of investment insights and analysis.
To continue reading this wire and get unlimited access to Livewire, join for free now and become a more informed and confident investor.
Already have an account? Sign in here
Bell Potter Securities is a leading Australian stockbroking, investment and financial advisory firm that provides a comprehensive offering of financial services to a diversified client base that includes individuals, institutions and corporations.
Never miss an update
Get the latest insights from me in your inbox when they’re published.
1 topic
Stockbroker
Bell Potter Securities is a leading Australian stockbroking, investment and financial advisory firm that provides a comprehensive offering of financial services to a diversified client base that includes individuals, institutions and corporations.
Please sign in to comment on this wire.