Perpetual Mulls Another Bid for Pendal
Despite today’s pop, Pendal trades at a discount to historical and peer multiples. Perpetual’s renewed interest points to its underlying value.
287 Views
Pendal’s Indicative Bid from Perpetual Is Underwhelming
The offer consists of a scrip component (1 Perpetual share for every 7.5 Pendal share) and a cash component (A$1.67). The Pendal Board hints at...
319 Views
Upgrading Financials To Overweight; Downgrading Communications To Market Weight
We are upgrading Financials to overweight; Financial Sector ETFs (XLF, RYF), banks (KBE, KRE), and insurance stocks (KIE) are all breaking out to...
351 Views
The War on Greenwashing: UK Stewardship Code "Successful Signatories" Has Broader Implications
Telegraph from European front in global war on greenwashing. U.K. names stewardship victors ("not greenwashers"). Many notable casualties. Anti...
195 Views
Video: TR European Growth Trust – executive interview
In this interview, Ollie Beckett, portfolio manager of TR European Growth Trust (TRG), provides an update on a period of particularly strong...
1.1k Views