As fund managers we’re often asked about our outlook for the macro-economic environment. It’s understandable. Everyone wants to avoid financial apocalypses like 2009, however as Chris Mittleman of Mittleman Brothers Investment Management says 'history has proved, opportunities for successful investment outcomes exist in even the most hostile macro environments imaginable.' Although we may feel strongly about certain economic outcomes, such as the future level of interest rates, these issues should only be as important as they relate to having adequate portfolio diversification and the individual investments you’ve made, focus on understanding a stock’s intrinsic value and the sustainability of its market position. Read more: (VIEW LINK)
Peters MacGregor Capital Management is a value-focused investment manager specialising in global equities. Our clients range from family offices and high net worth investors through to self-managed super funds and financial advisers.