The information in these articles is current as at 07 July 2023
Welcome to our Investment news – July 2023.
Welcome to the new financial year.
The June quarter saw more of the same as markets continued to price in a soft economic landing buoyed by the belief inflation has peaked. In our view, while inflation may have peaked it remains well above Central Bank target rates, making further rate rises likely.
Pitcher Partners Wealth WA continues to attract quality people and we are very pleased to announce Peter Monnock has joined the business. Peter specialises in personal insurance advice for families, professionals, and small/medium business owners covering life, total and permanent disability and income protection.
Given the start of the financial year, we thought it timely for Pitcher Partners Wealth WA to provide an article outlining some changes in contribution rules to superannuation for the 2023/24 year.
This is followed by articles produced by Pitcher Partners Investment Services in Melbourne. This quarter, they cover a review of Macquarie Bank and its exposure to the theme of energy transition and the likely path Artificial Intelligence (AI) will take as it becomes embedded in our lives. With the outlook for traditional asset classes looking challenging, the final article considers alternative asset opportunities with royalty financing.
Should you have colleagues, friends and family seeking advice, we certainly welcome referrals. In the meantime, we hope you enjoy the content.
Higher inflation…….not all bad news
While it is true that there is a lot of concern about how inflation affects the cost of living and investment markets, there might be a silver lining for those seeking to build wealth in the tax-advantaged realm of superannuation.
This newsletter (below) is provided by Pitcher Partner Investment Services Pty Ltd (PPIS) a separate business based out of Melbourne
This edition covers the following topics:
Investment markets in review – FY2023
Slowdown, what slowdown? In taking an initial glance at the performance for equity markets for the 2023 financial year, one could easily interpret that investors have seemingly shrugged off any recessionary/slowing growth concerns around the world.
Macquarie Group – green with envy
With the recent loss of two key utility stocks on the ASX (Spark Infrastructure in December 2021 & AusNet Services in February 2022), direct Australian equity investors have less choice in gaining exposure to the growing opportunity created by the energy transition thematic.
Artificial Intelligence – lessons from past transformations
The announcement and launch of ChatGPT in November 2022 was a seminal moment. The launch of the Large Language Model (LLM) brought artificial intelligence (AI) into our everyday lives.
Royalty Financing – An Introduction
This quarter we turn our attention to royalty financing, an investment strategy which has the potential to generate attractive, unique and resilient performance over time.