We follow and value 40 global markets as a broad screening tool for finding areas of the global equity market that look attractive as a focus point to research...

We follow and value 40 global markets as a broad screening tool for finding areas of the global equity market that look attractive as a focus point to research individual companies of interest. When scanning global equity markets there is a low level of present opportunity. If one was to consider the MSCI World Index, the five year TSR potential is 4.7% if one was to assume the long term earnings growth demonstrated over the last thirty years. For US equities, the 5y TSR potential is 3.2% and for local Australian equities the 5y TSR potential is somewhat better at 9.0% as the local market is not as expensive as the World or US markets. To view our process and valuation of the markets, visit: (VIEW LINK)