Buy Hold Sell: An eclectic mix of financial stocks
With major the major banks seemingly in an ex growth phase, we take a look at an eclectic mix of non-bank financials to see if the prospects are any brighter. Berkshire Hathaway sees value in IAG but it hasn't helped the share price. The ASX has a near monopoly position, however, the growth options may be elusive. Annuity businesses should be well positioned for Australia's demographic shift and Challenger is in the box seat but it also divides investor opinion. Finally, the panel takes a look at Magellan and Perpetual - two heavyweights of the funds management industry to see whether they stack up as investments. Matthew Kidman from Centennial Funds hosts Justin Braitling from Watermark and Roger Montgomery from The Montgomery Fund in this latest episode of Buy Hold Sell. Click on the image below to watch the video
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5 stocks mentioned