The days when Australia “rode on the sheep’s back” may be long gone, but agriculture remains a critical component of the economy, generating valuable export income. While overseas investors understand its importance, for most local institutions it’s still a bridge too far.
For several years, investors, from institutional to retail, couldn’t get enough of the tech stocks with all their promises of future growth. But now the market has spoken and it’s saying precisely this – valuations matter again.
Midyear Outlook: Income arrives in many shapes and sizes
Income arrives in many shapes and sizes
The first half of 2022 has been challenging for investors across all asset classes, and the uncertainties plaguing markets remain-particularly with regard to inflation, interest rates and the possibility of recession.
Stephen Dover, Chief Market Strategist, Franklin Templeton Investment Institute says: “As we look toward the second half of the year, our investment management teams across Franklin Templeton and specialist investment managers, gathered to discuss where income-seeking investors may find opportunities.”
