US Markets Surge as China The Catalyst... | WPL/OSH/STO - In Focus... | Will WOW Shut Down Masters?? |
Niv Dagan
Peak Asset Management
Good Morning, What a 24 hour turnaround! The catalyst? China…. What is interesting is the strong positive correlation that China’s markets has on global indices…. In the past, it was all about the US of A….. now China is driving market sentiment? Yesterday, I was invited to speak to our friends at Sky News about our thoughts on the market… I did note that we expect consolidation in the oil & gas space and yesterday, we saw just that… An $11 Billion takeover bid from WPL to buy OSH……… OSH rallied over 18% on the news but we feel that the premium provided is not attractive enough to take up and a higher offer will need to be placed on OSH… Interestingly, the PNG government control 10% of OSH, so getting them across the line will also be a tough fight…. Maybe STO is a much more attractive play?? The is growing speculation that WOW will shut down its Masters empire ... for Home? a Better Switch? The SPI is pointing to a 44 point rise on open…
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Prior to founding PEAK Asset Management, Niv headed up HC Securities, spent three years growing Halifax Investments capital markets division and also worked on the wholesale desk at Macquarie Bank, servicing a wide range of institutional, intermediary and offshore hedge funds. Niv takes an active approach in managing client funds and is a firm believer that adequate risk management is paramount in any good investment decision. Niv's work is largely focused on portfolio management, asset allocation, fixed income, managed funds, structured products and developing tailored strategies for the SMSF sector.
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Niv Dagan
Executive Director
Peak Asset Management
Prior to founding PEAK Asset Management, Niv headed up HC Securities, spent three years growing Halifax Investments capital markets division and also worked on the wholesale desk at Macquarie Bank, servicing a wide range of institutional,...
Expertise
No areas of expertise
Niv Dagan
Executive Director
Peak Asset Management
Prior to founding PEAK Asset Management, Niv headed up HC Securities, spent three years growing Halifax Investments capital markets division and also worked on the wholesale desk at Macquarie Bank, servicing a wide range of institutional,...
Expertise
No areas of expertise
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