Am trying to look forward to the strategy that the new-PPT should be adopting.
With such large FUM behind it in 2023, there is a whole different range of opportunities available to the new-PPT in 2023 and beyond. Should it become more aggressive ? Or, as in the past, remain incremental in its approaches ? Strategic Partnerships maybe ? Should it push into ancillary markets (eg ETF's, SMSF platforms, Unlisted investments, Barrenjoey-type advisory operation, Trust opportunities, International fundraising (eg Singapore Bonds arranging), Online broking services, Derivatives, Share Registry Services). How aggressive should it be in cross-selling ?
To me, the ETF decision should be one of the first. This seems to be the nub of the current active v passive investment theories in the marketplace, benchmark performance measurement and the cause of the large fall in SP's of the active fund managers. Can PPT really be both and win in both ? Can it afford to become an "aussie-Vanguard" based on matching the low fee structure ?
Comments please, all you MBA grads ?
PPT Price at posting:
$24.43 Sentiment: Buy Disclosure: Held
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