The March 2020 Quarterly Report and video update below provides the latest information on the performance of PM Capital's portfolios, investment activity and market outlook.
In this video update, Paul Moore, Chief Investment Officer and Portfolio Manager, Global Strategies, addresses:
- The "peak panic" environment
- Our long term framework
- Recent portfolio activity
“We won't really know how the next six months will play out until we have the benefit of hindsight, and noting that the experts are constantly revising their thoughts. What we do know though is that valuations are extreme. Typically the best time to buy equities is when the economy is approaching its worst point, and it doesn't get much worse than a closing of all non-essential services.”