Stay calm, carry on… really.
In this edition of Portfolio Perspectives, we hear from Danial Moradi, Portfolio Manager at Lonsec Investment Solutions.
The key messages for investors are:
- EPS revisions in Australia have been broadly neutral YTD.
- ASX100 corporate earnings are expected to grow by 3.4% in FY25.
- Valuations for Australian equities remain elevated, while growth expectations remain subdued.
- Looking ahead to FY26, earnings are currently expected to grow by 9.2%, however, this is largely dependent on commodity prices.
- Developed market equities currently offer a superior growth outlook over 2025.
To access the full Portfolio Perspectives for March 2025, download the PDF here, along with the charts & commentary.
You can also listen to the Portfolio Perspectives podcast on Spotify or Apple Podcasts.
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