Is the recent correction in wealth managers providing a good entry point
Is the recent correction in wealth managers providing a good entry point? I think so. Mark to market downgrades are only minimal at this stage and if the ASX200 holds around 4700 then the 1H14 average will be nicely above 1h13 which should mean revenue growth for the sector. Something that I suspect will be hard to find in FY14.
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
David Allingham is a Portfolio Manager at Eley Griffiths Group and has over 16 years’ experience analysing small and emerging companies at Eley Griffiths Group. Prior to joining EGG in 2004, David worked in marketing at EMI Music Australia. David holds a Bachelor of Commerce from the University of Sydney.
David Allingham is a Portfolio Manager at Eley Griffiths Group and has over 16 years’ experience analysing small and emerging companies at Eley Griffiths Group. Prior to joining EGG in 2004, David worked in marketing at EMI Music Australia. David...
Expertise
David Allingham is a Portfolio Manager at Eley Griffiths Group and has over 16 years’ experience analysing small and emerging companies at Eley Griffiths Group. Prior to joining EGG in 2004, David worked in marketing at EMI Music Australia. David...
Expertise
Comments
Comments
Sign In or Join Free to comment
most popular
Equities
Why my mum might help pop the CBA bubble
Elston Asset Management
Equities
Is the end of globalisation the end of global equity investing? The follow up...
Arteqin Capital Limited