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Showing 371 - 380 of 935 results for "valuations"

Investors pile into companies on life support

ALLY SELBY  |  TUESDAY, 12 MAY 2020
... Financial managing director Michael Wayne said markets are not cheap. "With a forward PE ratio of approximately 15.5x these valuations are much higher than during the GFC where the average PE ratio over 2008-10 was 12.5x on a forward basis," he said. ...

Fundamentals return to the forefront in EM

ELIZA BAVIN  |  TUESDAY, 12 MAY 2020
... on an inflation-adjusted basis. "We remain neutral on EM sovereign credit, a sector offering historically compelling valuations, but where many issuers are confronting a challenging macro environment," they said. "Looking ahead, we believe that the quality ...

Long/Short fund returns 23.2% in April

ALLY SELBY  |  WEDNESDAY, 6 MAY 2020
... Despite the outlook for coming months still being uncertain, the fund said various opportunities remain in markets. "Valuations for numerous high quality stocks look exceptionally attractive at present," L1 Capital said. "We recognize the outlook for ...

Pinnacle adds new boutique

KANIKA SOOD  |  MONDAY, 4 MAY 2020
... Emerging Markets strategy invests in 30 to 35 companies, with a focus on buying high quality companies at sensible valuations. It also has a focus on executive stewardship and ESG. It is currently available as an SMA with plans for a UCITs fund in near ...

Aussie analysts share COVID-19 investment tips

ALLY SELBY  |  THURSDAY, 30 APR 2020
... interest rate cuts around the world are increasing the value of future earnings in present-day dollars, pushing up valuations (all else being equal)." Yet, for the majority of companies, growth is not on the horizon. "I have positioned my portfolio to ...

Junk by name, junk by nature?

ALLY SELBY  |  THURSDAY, 30 APR 2020
... hope for is a 'three steps forward, two steps back' type of recovery - at best," Miller said. "Given where valuations are, I worry that there's still some downside to risk markets and if there's downside to risk markets, you don't ...

Super CIOs defend illiquid assets

ELIZABETH MCARTHUR  |  THURSDAY, 30 APR 2020
... with a fund's demographics a key deciding factor. Miller argued that equity prices were not demonstrating rational valuations in the current environment. "We've just seen the market plunge by 38% and then rise by 27%, and to put that up as a ...

ANZ profits halve, dividend deferred

JAMIE WILLIAMSON  |  THURSDAY, 30 APR 2020
... credit impairment charges of $1.674 billion, including about $1 billion in extra credit reserves, is largely to blame. Valuations of investments in Asian associates was impaired by $815 million, ANZ said. Cash profits also took a hit, down 60% on 1H19 ...

BlackRock turns optimistic on credit

KANIKA SOOD  |  TUESDAY, 28 APR 2020
... Boivin. On credit, BlackRock thinks the temporary liquidity issues could be helped by central bank actions but the valuations have come down for the asset class. "We have upgraded credit to modestly overweight. Extraordinary measures by central banks ...

Future Fund falls 3.4% in March quarter

KANIKA SOOD  |  MONDAY, 27 APR 2020
... exactly that purpose and they did perform as expected but broadly speaking, the portfolio was [flat]," Arndt said. The valuations of a third of Future Fund's unlisted assets are currently not marked-to-market at March end, Arndt said. If these assets' ...