So where to from here?

Pendal Group

Pendal Group

The main driver of market weakness in our view is the deteriorating liquidity environment as credit markets close up and certain sovereign wealth funds and central banks are required to sell assets to offset capital flows or fund fiscal needs. Equities due to their relatively deep and liquid characteristics represent a source of funds in this environment and as a result can trade below fair value for some time. So where to from here? Ultimately the market mechanisms will kick in – low prices will deter some of the ‘forced selling’ and will also attract some of the sizeable amounts of cash sitting on the sidelines. Valuations are supportive and we believe that it would take a major negative – such as a recession – to see the market move down significantly from here. (VIEW LINK)


MORE ON



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...

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.