Two Domestic themes continue to play out: TINA meets FOMO

Pengana Capital Group

Pengana Capital Group

Two Domestic themes continue to play out: TINA meets FOMO. Firstly to quote Charlie Aitken the current market conditions are what happens when TINA meets FOMO, where TINA stands for There Is No Alternative asset class that can offer investors the desired after tax yield. Importantly, even though equity valuations are generally stretched the recent run has left many investors with a strong Fear of Missing Out. The mountain of cash sitting in term deposits at increasingly unattractive interest rates means retail investors are vulnerable to entering the market at a level where the potential return does not justify the risks. - Rhett Kessler

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Pengana Capital Group
Fund Manager
Pengana Capital Group

Pengana Capital Group (ASX: PCG) is an ASX listed diversified funds management group specialising in global and Australian managed funds, with distinct investment strategies that aim to deliver superior risk-adjusted returns to investors.

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