Probably the most surprising aspect of the 2014 Financial Year has been the maintenance of the status quo in markets; historically low government bond and...
Probably the most surprising aspect of the 2014 Financial Year has been the maintenance of the status quo in markets; historically low government bond and property yields, equity prices that continue to edge higher impervious to any geopolitical news and a local currency that sustains itself at high levels despite a significant fall in key commodity export prices. However, there is no doubt in my mind, that the tide is at a turning point and that the price action of different asset classes and industry sectors will be very different over the next 5 years. View full video here: (VIEW LINK)
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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 Limited stable of alternative asset managers and specialise in Global & Australian equities and Global Fixed Interest strategies. We believe the very best way to minimise investment risk is through understanding valuation, as such, we avoid companies who are hard to understand or difficult to value and are well known for our discipline in resisting short term market noise and ability to hold investments through full industry cycles.
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