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Article: Where the markets appear to be heading as the slump continues.
- Article from:
- Australasian Business Intelligence
- Article date:
- January 18, 2009
CopyrightCOPYRIGHT 2009 News provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Gabriella Hold
Jan 18, 2009 (The Australian Financial Review - ABIX via COMTEX) -- Perennial Value Management's Grant Oshry does not expect Australian small-capitalisation stocks to rebound until investors are willing to embrace risk. Jeremy Bendeich of UBS says that while some small-caps offer good value at present, investors should select such stocks with care. Ed Prendergast of Pengana Capital recommends staying clear of companies that are highly geared in the next year or so.
Publication Date: 19 January 2009
PERENNIAL VALUE MANAGEMENT LIMITED
UBS AUSTRALIA LIMITED
PENGANA CAPITAL LIMITED
MACQUARIE FUNDS MANAGEMENT LIMITED ...