A key point during the CIO dinners this month was that long-term value is emerging in the Australian share market (at last). With the aid of a simple chart, we discuss the reasoning behind this and how our clients are positioned to benefit.
What mattered this week? Another takeover. And a big one at that. Origin Energy has received a takeover offer at a considerable (50%+) premium.
Patience is a resource that is becoming relatively scarce in capital markets. We recently received good news about a long-standing position in this portfolio: HoldCo.
The Reserve Bank of Australia (RBA) is currently an impasse. Will it continue to hike interest rates in lockstep with the US Federal Reserve? Or will it choose to take a divergent path? And what might the consequences (of either approach) be?