Four key themes you need to know from this reporting season - an update from our Australian Equities team: 1
Pendal Group
Pendal Group
Four key themes you need to know from this reporting season - an update from our Australian Equities team: 1. Earnings are becoming more predictable - average earnings per share grew around 10% for FY14. There is a degree of realism in the contracting FY15 outlook as corporates adopt a cautious tone. 2. Companies confirmed their commitment to cost reduction - this theme will continue into FY15, as many companies continue restructuring and debt re-financing. 3. Investors are demanding yield - dividends rose 7.0% year-on-year. Companies scaling back capex and increasing returns were generally rewarded with strong performance. 4. There is no hard evidence we're in for a bear market - earnings this season should do enough to support the market. Read the full article to find out which sectors drove earnings and showed tepid growth here (VIEW LINK)
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At Pendal Group, our vision is to combine the benefits of our strong institutional foundation and performance-focused culture with a multi-boutique specialist investment approach. We believe this approach firmly positions Pendal to achieve outstanding risk-adjusted returns for our investors, and deliver strong growth for our shareholders. Pendal Group is listed on the Australian Securities Exchange and manages A$62.05 billion (31 March 2014) for investors.
Pendal Group
Pendal Group
At Pendal Group, our vision is to combine the benefits of our strong institutional foundation and performance-focused culture with a multi-boutique specialist investment approach. We believe this approach firmly positions Pendal to achieve...
Pendal Group
Pendal Group
At Pendal Group, our vision is to combine the benefits of our strong institutional foundation and performance-focused culture with a multi-boutique specialist investment approach. We believe this approach firmly positions Pendal to achieve...
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