Positioning for the when, not if!

Kevin Bertoli, Portfolio Manager at PM Capital, says he is spending a lot of his time in conversation with the management of listed companies to understand the impact of higher rates. Bertoli says the feedback from the companies they are invested in suggests that the economy is travelling along nicely. “We are investors in businesses so what we want to know is how the underlying rates cycle will impact each and every business in terms of the money they make.” Bertoli says exchanges, banks and property businesses are all tracking along nicely and are well positioned for an upward trending rates cycle. “We are positioned for that ‘when’ not ‘if’ scenario in the US.” Watch the full interview: (VIEW LINK)