Global equities portfolio: December 2023 quarterly update

This video provides an update on the PM Capital global equities portfolio's performance, investment activity and market outlook.

Co-Portfolio Managers Kevin Bertoli and John Whelan discuss:

  • Outlook for 2024 as the market continues to focus on inflationary data and interest rate speculation
  • Core themes in the portfolio such as commodities and industrials
  • The shifting investment landscape and the importance of valuation

December 2023 Managed Funds Quarterly Report


This insight is issued by PM Capital Limited (ABN 69 083 644 731 AFSL No. 230222) as the investment manager for the PM Capital Global Opportunities Fund Limited (ACN 166 064 875, ‘PGF’) and as the responsible entity for the PM Capital Global Companies Fund (ARSN 092 434 618), the ‘Fund’.
It contains information only and does not constitute an offer, invitation, solicitation or recommendation with respect to the purchase or sale of any securities of PGF or of the Fund. The information herein seeks to provide an insight into how and why we make our investment decisions, and is subject to change without notice. This information does not constitute advice or a recommendation, and is subject to change without notice. It does not take into account the objectives, financial situation or needs of any investor which should be considered before investing. Investors should consider ASX announcements, the Target Market Determinations and the current Product Disclosure Statement (which are available from us), and obtain their own financial advice, prior to making an investment. The PDS explains how the Funds' Net Asset Value are calculated. Past performance is not a reliable guide to future performance and the capital and income of any investment may go down as well as up.