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Finding value in the Australian equity market

For a contrarian manager there is value in sectors facing cyclical headwinds in Australia like energy, oil and gas firms and materials companies, says Werner du Preez, national distribution manager at Allan Gray Australia

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He said firms like BHP and Rio Tinto are a bit too exposed to any further downturn in China so the focus for Allan Gray is on other companies in the commodity sector.

The big risks in the Australian market are found mainly in the financial sector, which has been driving up the property market in particular says du Preez.

 

 

 

 

 

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