Macquarie Group and Perpetual – analysis of FY24 results and company outlook.

Macquarie and Perpetual results and analysis

As part of the usual ‘confession season’ leading into the Macquarie Australasian Companies Conference in Sydney this week, weakness has been apparent in businesses exposed to the consumer and these stocks have been sold off. We hold little exposure to these names.  

Several significant announcements by our portfolio companies have also been made in the past week. We focus on two of these in Investment Matters discussion this week.