Monthly Investment Update February 2022

PCI Monthly Update

Perpetual Asset Management

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February was marked by rising global volatility in markets with tensions boiling over on 24 February with Russia invading Ukraine and marked the first large scale war between two European countries since World War II. Commodity prices rose over the month – and sharply beyond it - as the toughest economic sanctions ever imposed on Russia raised fears of shortages in global energy markets and risks of economic contagion as Russia and Europe risk falling into recession. Whilst this hurt global markets, it was a benefit for Australia’s resource heavy bourse.


This document has been prepared and issued by Perpetual Investment Management Limited ABN 18 000 866 535, AFSL 234426. It is general information only and is not intended to provide you with financial advice or take into account your objectives, financial situation or needs. You should consider with a financial adviser, whether the information is suitable for your circumstances. To the extent permitted by law, no liability is accepted for any loss or damage as a result of any reliance on this information. No company in the Perpetual Group (Perpetual Limited ABN 86 000 431 827 and its subsidiaries) guarantees the performance of any fund or the return of an investor’s capital.