News & Insights

The Australian equity market began the new financial year on a positive note with the S&P/ASX 300 Accumulation Index gaining 1.3% in July. The market was supported by stronger economic data as consumer confidence rose to a four and a half year high. The Perpetual Equity Investment Company Limited’s (PIC) portfolio performance net of fees and expenses was 1.4% in July overperforming the benchmark by 0.1%. In stock news, the report includes information on the portfolio’s holding in General Electric.

Downer EDI Ltd (DOW) provides engineering, construction and asset management services to customers operating in a variety of market sectors including minerals and metals, oil and gas, power, road and rail infrastructure, telecommunications, utilities and facilities management.

New Hope Coal produces high calorific value thermal coal with relatively low impurities. The majority of its product is exported to Asia and sold to electricity producers. This type of coal is expected to command a premium in the long term because it allows power plants to operate more efficiently and reduce emissions.

A global share fund means investing in a wide variety of companies and it’s the difference between those companies that means global shares can boost returns and reduce risk. In the video, Garry Laurence expands on this idea by looking at the differences between the major investment regions.

Low rates have been a tailwind for heavily-indebted companies and those in the infrastructure and property sectors. But what happens to those companies when rates rise – becoming a headwind, not a tailwind? Anthony Aboud has some answers.

Perpetual’s Garry Laurence has been on the road researching the best consumer staples and e-commerce companies in the world.

Today, markets are now thinking about risk rather than what’s on the upside. They’re asking, “what multiple am I paying and what am I going to get from that multiple?”. One way to protect the downside, is to make money on the buy. Below, we share 3 key Aussie holdings we believe are mispriced.

Vince Pezzullo presenting an investment update to retail stockbroking and wealth management firm Morgans network. Vince provided an overview of the company's 1H18 results, stock views (Westpac, Medibank, Star Entertaintment, Shire and CYBG) and investment performance.

Anthony Aboud and Anthony Cay, Portfolio Managers for the Perpetual Industrial Share Fund share their insights into the portfolio positioning and the stocks they are holding, reveal key lessons learned in 2017 and discuss what that means for the year ahead.

David Lane, Group Executive, Perpetual Investments and PIC Executive Director walks through the 1H18 result highlights followed by Vince Pezzullo, Deputy Head of Equities, Perpetual Investments and PIC Portfolio Manager who will share his insights on market conditions, performance and profile some of the Australian and global securities currently held in the portfolio.

Perpetual’s Matt Sherwood, looks at the causes and implications of the recent correction – discussing earnings, prices and the lessons of history when it comes to market corrections.

The recent and sudden surge in market volatility in early February has highlighted the rising disconnect between the economy and markets. For some time many asset prices have been artificially inflated by trillions of dollars in monetary stimulus and ultra-low rates as central banks have tried to reignite sluggish economies.