
Dear JV Partners,
I hope the positive momentum in the economy and stock markets are bearing fruit for your clients and your firm.
As we discussed at the recent Wealth Management client webinar on Thursday 4 March (please click here to view) the half year earnings / reporting season was on the whole a positive. We feel the Australian equities portfolio is well positioned and expect to be active for clients over coming weeks as outlined during the presentation. This positivity combined with some more energy in residential property markets has the recovery gathering pace and a bit more of an upbeat air of confidence.
We continue to also see plenty of corporate activity for our business and growth minded clients that we are representing including for sale, strategic purchases / corporate development or capital raisings, so if you or your clients need support or simply a chat, please just give Tim, Roger, Peter B, Peter G or Rob in the Capital team a call.
My last comment would be around those higher net worth family office style clients and some of the wholesale investment opportunities Prime are seeing in the early stage and property (equity and debt) segments. Depending on the risk profile of clients and the family group and considerations around diversification we continue to broaden out our appeal / advice to clients in acknowledgement of our existing networks and relationships, so please do not hesitate to introduce us as you see fit.
All the best,
Simon.