#26 - Vince Pezzullo | Outlook for Aussie Equities, Gearing & Activist Ownership
The Rate Of Change · Murdoch Gatti
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Show Notes
Vince Pezzullo is the Head of Australian Equities at Perpetual, to discuss the outlook for Aussie equities, the intricacies of gearing, and the impact of activist ownership investing.
Perpetual Group, founded in 1886, is one of Australia's oldest asset management firms. The Australian equities division of the business manages roughly $12 billion. In this episode, we delve into the Australian Share Fund, the Geared Australian Share Fund, which mirrors the previous Aussie Shares fund with a 2-to-1 leverage, and their Strategic Capital Fund, launched towards the end of last year.
One of the highlights for me was hearing Vince discuss activist investing, particularly how aligning the right remuneration packages in businesses is one of the simplest ways to create long-lasting positive change and returns for shareholders.
Additionally, if you're curious about how the new weight loss drugs like Ozempic, Novo Nordisk, and Eli Lilly may impact Australia's healthcare sector, tune in to hear Vince share his insights on what has happened to companies like ResMed, CSL, and more.
Companies Discussed:
- BlueScope Steel (BSL)
- Iluka Resources
- Woolworths Group (WOW.ASX)
- Flutter Entertainment PLC
- Goodman Group
- La Française des Jeux SA
- Insurance Australia Group (IAG)
- CSL Limited
- ResMed (RMD)
- Novo Nordisk (NVO)
- Eli Lilly & Company (LLY)
Before we get into the conversation, please remember that this podcast is made for entertainment purposes only and should not be construed as any form of advice. I encourage you to listen to the disclaimer at the end of this ROCast and to keep your feedback coming.
You can reach me at [email protected]