Credit markets continued to rally during the month of May as we work our way towards the end of the financial year

PM Capital

PM Capital

Credit markets continued to rally during the month of May as we work our way towards the end of the financial year. Mixed messages about the timing of rate rises from the US Federal Reserve, potential further stimulatory policy out of Europe to combat low inflation, plus weaker Australian economic data all point to a period of stable to lower interest rates globally over the near to medium term. Hence, investors have been happy to put capital to work now and chase asset prices up resulting in tighter credit spreads.


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PM Capital
PM Capital

At PM Capital we are not afraid to be different, we search the world for undervalued stocks, we avoid the trap of “group think” and prioritise company valuation over all other aspects. Founded in 1998, PM Capital is part of the Regal Partners...

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