Valuations Matter in a Black Swan Event – Global Outlook and Strategy Q2 2020

Valuations Matter in Black Swan Events

Along came Covid-19, which was the trigger/black swan for the adjustment of valuations, not the cause in our view. If valuations were reasonable, equity markets would not have fallen 37% in 23 trading days – the fastest bear market in history. And now we have Uncle Sam Inc. to the rescue, bailing out yet again, […]

Quarterly Update with Grant Patterson and Michael Ogg

In this short video, Grant Patterson, CIO and Managing Director of Providence discusses the current outlook with Michael Ogg, Director of Providence. They present the highlights from our soon to be released Global Outlook and Strategy for Quarter 2. If you have any questions about your investments and the market outlook, please contact Michael Ogg […]

Jonathan Pain: Providence Webinar Discussion

In today’s webinar, Grant Patterson, Michael Ogg and James Smith from Providence have a robust discussion with Jonathan Pain about the extraordinary events of the past 8 weeks.   Watch Webinar: Jonathan Pain is the author of the Pain Report, and a member of the Providence Investment Committee. He has over thirty years of international […]

Our Current Position: A Webinar with Grant Patterson, CIO at Providence

On Friday 27th March 2020, James Smith – Head of Melbourne and Grant Patterson – Managing Director and Chief Investment Officer hosted a webinar for clients and contacts of Providence. In this recording Grant discusses Providence’s current state of investment markets, stance and views, and what Providence is looking for in terms of signals to […]

Global Outlook and Strategy 1st Quarter 2020 “The Most Diversified in 20 Years”

KEY POINTS Global asset valuations are stretched on all measures Global recession fears have subsided There are some signs of stress in the operation of markets Expect higher volatility Maintain a high level of diversification across portfolios   Click here to read the Global Outlook and Strategy 1st Quarter 2020: The Most Diversified in Twenty […]

Global Outlook and Strategy 4th Quarter 2019 “Cracks are Starting to Appear”

KEY POINTS Global growth continues to soften but expected to plateau at the end of 2019 Not expecting global recession on the immediate horizon Australian economy vulnerable to a further downturn Income from diversified portfolios expected to be lower Remain nimble (cash) and very diversified   Click here to read the Global Outlook and Strategy […]

Activity Report August 2019

We reveal the basis of our investment decisions in our Activity Report. Our research team, headed by Carlo Queddeng evaluates each opportunity solely on its merits regarding risk and return. Our advice is aligned only to our clients’ best interests, as it should be. Click here to read: Providence Activity Report June 2019 – August […]

Global Outlook and Strategy 3rd Quarter “A Tale of Two Halves”

KEY POINTS Central banks around the globe voicing concerns regarding slowing global growth Interest rates to stay lower for longer Intriguing divergence regarding the outlook from bond and equity markets Australian economy soft at a household level Trade concerns still overhanging markets Ensure assets held can withstand a downturn No change to defensive stance Click […]

Activity Report May 2019

We reveal the basis of our investment decisions in our Activity Report. Our research team, headed by Carlo Queddeng evaluates each opportunity solely on its merits regarding risk and return. Our advice is aligned only to our clients’ best interests, as it should be. Click here to read: Providence Activity Report December 2018 – May […]

Global Outlook and Strategy 2nd Quarter 2019 “Jib Set”

KEY POINTS Global growth has clearly slowed – expect a rebound second half Mixed messages regarding outlook from investment markets Current central bank policies supportive of risk assets in the short term Near the end of the US cycle, wary of longer-term outlook Struggling to find value Positioning for next downturn Click here to read […]