The December 2017 Quarterly Report and video update provides the latest information on the performance of PM Capital's portfolios, investment activity and market outlook. 

Chief Investment Officer Paul Moore and Portfolio Manager Jarod Dawson give their views on:

  • How our investment approach remains positive after recent market gains
  • Where the real market opportunities and risks lie now
  • How investors need to be careful that gains from credit aren’t wiped out by exposures to interest rate duration.

“Unemployment in some US states is now 3% or below, another anecdote highlighting that we are now in the second innings of the post-Trump world and that inflation and rates, in our opinion, have inflected.”