What to expect from 2016
Anton Tagliaferro, Investment Director at Investors Mutual, thinks that it will be tough for companies to grow earnings in 2016. “It’s still going to be a stock picking market. We’re still very cautious. We’re looking for companies that we think can grow their earnings through their own steam.” He thinks that companies with a good track record of making acquisitions and integrating them, such as Pact Group and Steadfast, are a good place to look for this growth. He says they’re being careful to avoid the blowups like Dick Smith, Spotless Group and McGrath Real Estate. Instead they focus on quality, and look for growth in earnings and dividends. Watch the video here for his full update. (VIEW LINK)
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Investors Mutual Limited (IML) is a specialist Australian equities fund manager and was established in May 1998 by Anton Tagliaferro. Based in Sydney, the IML team applies a conservative value-based investment style with a long-term focus.
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