It’s up to incoming Qantas CEO Vanessa Hudson to restore the Spirit of Australia’s battered reputation after a series of high-profile trust breaches. But getting the Flying Kangaroo back on top will take some guts from the board.
There’s still ample opportunity for loans generate higher than historical average returns, with Invesco expecting outperformance over the next 6-12 months. And with a recession potentially on the horizon they come with downside protection included.
Money might not be free anymore but there’s still plenty of it sloshing around in markets and the economy. When it runs out, the resulting upheaval (and higher inflation) could herald the return of active management.
