What does Brexit mean for Australian investors?

Perpetual Equity Investment Company

Perpetual Asset Management (Australia)

Australian shares (down 3%) and the dollar were affected by the Brexit fallout, but the long-term implications for Australian shares are relatively small. Trade with Asia is much more important for Australian firms. For long-term investors, these fevered short-term occasions represent a chance to buy good businesses at lower prices. The shares of US banks, Australian retailers, and Chinese recruiting websites have fallen even though Brexit has little direct impact on their businesses. If anything, Brexit has reinforced the value of companies that have strong balance sheets, good management and the ability to grow their revenue in tough times. In the end, we can look for some guiding words from a Great Briton - Charles Darwin: 'it is not the strongest that survives, not the most intelligent, but the one that is most adaptable to change.’ This applies to regions, markets, companies and investors - those most adaptable will be rewarded. Read Perpetual's thoughts on Brexit from Matt Sherwood: (VIEW LINK)


1 topic

Perpetual Equity Investment Company
Perpetual Asset Management (Australia)

The Perpetual Equity Investment Company Limited is an ASX listed investment company offering investors access to a portfolio of predominantly high quality Australian and global listed securities, selected by Perpetual Investment Management Limited.

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.