News & Insights

In August, as the corporate reporting season got underway, the Australian market continued its upward trend, despite strong headwinds resulting from extended and restrictive lockdowns. Read more.

EBITDA, or earnings before interest, taxes, depreciation, and amortisation, is one of many ways to assess a company's financial health. It can be a useful formula for investors wanting to compare businesses but there are risks.

The Perpetual Equity Investment Company Limited (ASX:PIC; the Company) has announced its annual results for financial year 2021 (FY21), posting a net operating profit after tax (NPAT) of $108.4 million.

In July, the rise in COVID-19 Delta variant cases, combined with sluggish domestic vaccine rollouts and imposed lockdowns across four states, weighed on economic recovery and market sentiment. Read more.

While increased potential returns on investments often go hand-in-hand with increased risk, we believe these returns shouldn’t come at any price and a more nuanced approach is needed when considering and assessing risk.

Growing concerns around the COVID-19 Delta variant, the on-set of additional snap lockdowns across parts of Australia, and a weakening of the Australian dollar. Read more.

Purchasing managers' indexes are economic indicators derived from monthly surveys of private sector companies, which provide analysts and investors with data on purchasing trends in the manufacturing and service sectors.

Market conditions were mixed in May with key contributors to performance from La Francaise Des Jeux and Boral Limited. Read more.

The Company Chairman Nancy Fox provided an update on the Company including details of the SPP and Bonus Issue of Options. Vince Pezzullo, Portfolio Manager presented an update on the portfolio and his outlook on investment markets.

Company options provide the opportunity for an investor to acquire an ordinary share at a fixed price at a predetermined time on or before an expiry date. The terms and conditions of these options are determined by the issuing company.

Portfolio Manager, Vince Pezzullo discusses recent performance of the PIC portfolio and how he is positioning the portfolio against the backdrop of current economic conditions. Read more.

Market rotation can take different forms but generally refers to the movement of investment capital from one equity class to another. This occurs when a sector, region or style that had previously underperformed peers starts to gain momentum, attracting investors.