Kristian Rehder (Portfolio Manager at Kardinia Capital) talks to Holly Old (Account Director at Bennelong Funds Management) about current market performance, and the impact of the steepening yield curve.
0:59 – The impact of COVID-19 vaccines sweeping across the globe, including the response of equity and debt markets
3:30 – What rising bond yields mean for valuations and the equity market (and Kardinia’s portfolio)
7:20 – Why the price of steel could be a sign of rising inflation
8:36 – How the portfolio is currently positioned, with specific comment on resources and banks
12:19 – Current key holdings that Kardinia feels will benefit from the reopening of economies and borders
You may also be interested in Kardinia’s recent article, The beginning of the end.