Update from the PMs – December 2024
Discover how the Republican election victory boosted US equities and why Spotify’s Q3 earnings far exceeded expectations. Learn about Montaka’s insights on Alphabet, KKR, and the latest trends in AI and the US housing market.
Update from the PMs – November 2024
A popular narrative suggests that stocks are expensive and investment opportunities are scarce. However, Montaka is finding numerous undervalued stocks, enough to fill a highly concentrated portfolio.
Update from the PMs – October 2024
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Despite the upcoming US election’s significance, Montaka believes it will have minimal impact on stock prices. Additionally, MFF Capital Investments’ acquisition of Montaka will provide greater resources and ensure the continuity of Montaka’s investment strategies and team.
Ignore political noise, America is still best bet for investors
In their own way, Macken and Demasi are repeating their version of Buffett’s argument that the structural forces for growth and innovation behind the success of the US are too ingrained in the system to be stuffed up by whichever group of politicians happens to be in Washington.
Why investment legend Chris Mackay says ‘it’s a dangerous time’
(As mentioned in the AFR Chanticleer) The MFF Capital Investments boss and Magellan co-founder says the “everything rally” is likely to reverse, but calm, long-term investors can fight through the noise.
Chris Mackay buys Montaka, outlines Magellan-like vision
(As mentioned in the AFR) Magellan Financial Group co-founder Chris Mackay is reshaping his own Magellan offshoot by snapping up global equities manager Montaka into his $2 billion investment vehicle.
MFF Capital Investments announces intention to acquire Montaka
The acquisition aims to combine the strengths of both companies while preserving Montaka’s independent operations and team structure, offering enhanced resources and long-term stability for investors.
Update from the PMs – September 2024
Why Today’s Market is Full of Opportunities – Explore the current global investing landscape with insights on inflation, interest rates, and market volatility. Discover why valuations are attractive and how innovative companies like Meta and Amazon are undervalued.
Update from the PMs – August 2024
Pundits have offered lots of possible reasons for the recent stock price declines. From new recession fears in the US, to heightened geopolitical risks in the Middle East, to fears that AI has been overhyped and will fail to deliver on elevated expectations.
Update from the PMs – July 2024
Stock market investors could be forgiven for feeling a sense of déjà vu. It looks a lot like this time last year when the market had advanced 16% in the first six months of 2023 – its best first semester since before the pandemic – and was quickly closing in on a new all-time high.
