Chris Stott, CIO at Wilson AM and Tim Carleton, PM at Auscap AM answered our questions on the Banks ahead of the current reporting period

Chris Stott, CIO at Wilson AM and Tim Carleton, PM at Auscap AM answered our questions on the Banks ahead of the current reporting period. Both fund managers are currently underweight the sector, a reflection of the great returns these businesses have delivered and in particular the recent run into this reporting period. Chris says he expects capital management to be a feature with balance sheets currently in tip top shape. Tim is cautious about the exposure the Banks have to the domestic housing market and wary on the current valuations based on historical price to book ratios. Unsurprisingly, the good news is that dividends will again be strong from the Banks. We talk expectations, risks and preferred holdings for the Banks in this &list=TLM9A1UF77Rbyqcyo6HbuMkG3ENdXfGD6_