Welcome to the Perpetual’s Investment Insights webinars hub, where our Portfolio Managers exclusively share insights on the funds they manage, discuss their views on markets, cover where they are seeing opportunities and the fundamentals are affecting investment portfolios today, talk about portfolio construction and much more.
Multi Asset - October 2019
Australian Equities - September 2019
Multi Asset - July 2019
Multi Asset - May 2019
Welcome to the Perpetual Adviser Hub Fund Resources section. Check out the range of collateral to help you with your clients, download fund profiles and get easy access to our key fund webpages for more details.
For your interest – and for sharing with your clients – we’ve selected some of our best thinking on markets, economics and individual securities.
Perpetual publishes a range of newsletters to give you and your clients more information on our flagship investment funds. Don’t forget to sign-up if you want to receive these newsletters automatically – and to sign up to our Investing Matters newsletter which pulls together our latest investment articles across the asset class range.
Read bi-monthly insights and updates from Perpetual’s investment experts on a range of topical investment themes.
This newsletter looks at stock picks of ethical and socially responsible companies, investment trends and market moves.
Keep up to date with the latest investment opportunities we see for the Perpetual SHARE-PLUS Long-Short Fund.
This newsletter covers the market, stocks and economic updates from the investment team of the Perpetual Pure Equity Alpha Fund.
Keep up to date with the latest microcap stock picks from the managers of Perpetual’s Pure Microcap Fund.
Find out more about the stock picks and strategy of Perpetual’s Pure Value Share Fund.
Read the Global Share Fund newsletter for stock and market commentary from Garry Laurence and his team.
Check out the Fund newsletter for market updates and fund insights into Perpetual’s Diversified Real Return Fund.
Vivek Prabhu, Portfolio Manager of the Perpetual Diversified Income Fund shares his latest investment insights and portfolio updates.
Hear from Thomas Rice, Portfolio Manager of Perpetual’s Global Innovation Share Fund about his latest stock picks and portfolio insights.
The objective of the Perpetual Pure Equity Alpha fund is to generate positive returns which are uncorrelated to the index. With this type of strategy one tends to look great when the market is down and terrible and when the market is booming, like it is now. With a high cash level, low interest rates and low volatility make this strategy challenging, however, we believe that with bond markets at extreme valuations and most long/short products long leaning, there are very few funds which are truly absolute in nature going forward.
During the August reporting season, one trend that surprised us was the divergent reaction of certain stocks to weak results. In this newsletter we explore one stock where we observed the market focusing more on a positive long-term message from management rather than a soft FY19 result. We discuss our views on the likelihood of the company hitting long term targets and provide insights into how we view this company.
Both in Australia and globally we have seen a real step up in share buy-backs over the last few years. With the world awash with capital and interest rates continuing to fall, it becomes extremely tempting for boards and management to justify borrowing money at very low rates and using that capital to buy-back shares.
This month we examine what’s driving the recent share price strength for some of the strongest performing companies on the ASX – including Afterpay, Wisetech and Hub24 – and examine whether short term earnings, or the market re-rating the multiples on these stocks, or a combination of both is responsible for their significant growth. We also discuss our views on how these current valuations are being justified to investors, and consider what the market might look 10 years from now.