News & Insights

In this Livewire article, equities analyst, Michael Croser discusses his views on Healius Limited (HLS) and explains why he and Portfolio Manager, Vince Pezzullo consider it a compelling investment opportunity for the PIC portfolio.

The Perpetual Equity Investment Company Limited (ASX:PIC; the Company) has announced a strong result for the six months to 31 December 2020, with operating profit before tax of $77.6 million and an operating profit after tax of $55.0 million. This represents a record profit since the Company listed on the ASX in 2014.

The Manager took profits by exiting positions in offshore stocks Amadeus IT and Euronet Worldwide. Read more.

Portfolio Manager, Vince Pezzullo gives insight on Amadeus IT Group, an ignored travel stock he believes is set to grow in 2021.

Running a company can require a great deal of money and this is typically raised by taking on debt or offering equity in the business.

Investments in global listed securities and any transactions that are denominated in a foreign currency carry the risk of exchange rate fluctuations.

In this Livewire article, Portfolio Manager, Vince Pezzullo discusses his views on global electronic processing company Euronet Worldwide Inc (NASDAQ: EEFT), a recent addition to the PIC portfolio.

Cyclical stocks are companies which typically rise and fall with the business cycle. The share prices of these companies are generally correlated with how the economy is going such that they are likely to rally (increase) when the economy is growing or vice versa, the share price may come under pressure when economic growth contracts.

James Holt, Senior Investment Specialist at Perpetual joined Oran D'Arcy, National Business Development Manager at ASX to help investors understand what is meant by value and quality investing and how Perpetual defines value for investors.

In this report, Nancy Fox, Chairman of PIC and Vince Pezzullo, Portfolio Manager discuss the benefits of active management in times of market volatility, Perpetual’s in-depth investment process focusing on value and quality and how the PIC portfolio is positioned in current market conditions.

With the increasing popularity of listed investment companies (LICs) in recent years, it is important to understand the key features of a LIC and how it compares to other product structures. Find out more about the benefits of a LIC and how the Perpetual Equity Investment Company (PIC) utilises this structure.

As part of the PIC 2020 AGM, Portfolio Manager Vince Pezzullo provided an update on markets and the portfolio. Vince was joined by Equities Analysts Dean Fremder and Clarke Wilkins covering a range of stocks in the portfolio.