ASX:MQG
Macquarie Group Ltd
Investment Summary
The fund managers believe that Macquarie Group Ltd (MQG) presents a compelling investment opportunity, particularly due to its strong financial outlook for CY25. In their opinion, the company is well-positioned to benefit from several favorable factors, including deregulation and improving market sentiment, which they refer to as "animal spirits." These factors, combined with positive commentary around transaction forecasts, suggest a robust earnings trajectory and a potential for strong shareholder returns. The fund managers increased their exposure to MQG over the month, confident that these dynamics will support the company’s performance. They are optimistic that Macquarie's diversified business model, coupled with the broader market conditions, will lead to significant upside in the near future, making it an attractive holding in the portfolio.
Please note: The completeness, accuracy or current status of the investments referenced are not guaranteed.
Commentary From The Manager
Ten Cap
Date
31 Jan 2025
Price
$240.80
Medium
Monthly Report
Commentary
Alpha Plus has updated its investment thesis on Macquarie Group Ltd (MQG), increasing its exposure over the month based on a favourable outlook for calendar year 2025. The fund manager sees potential tailwinds emerging from deregulation, improving market sentiment, and encouraging transaction forecasts—all of which contribute to a constructive view on earnings growth and shareholder returns. Alpha Plus continues to hold MQG as it believes these factors position the company well for a strong financial performance in the year ahead.
Please note: The completeness, accuracy or current status of the investments referenced are not guaranteed.