Michael Mewburn, Investment Analyst at Hyperion Asset Management addressed Alan Kohler’s question this week, “What is Australia’s investment outlook?” in The Constant Investor. Michael states resource-related companies and the banking sector are faced with a number of headwinds, and the lack of predictability means Hyperion avoids these sectors. He goes on to state that quality companies grow their revenues and earnings over time, regardless of economic conditions and in Hyperion’s view, it’s these companies that they believe will lead to superior returns for investors in the long run.
Read the story here: What is Australia’s investment outlook? The Constant Investor