IML Portfolio Manager Michael O’Neill discusses how investors have been rotating away from away from momentum-driven stocks with high valuations towards more defensive stocks with strong fundamentals in this reporting season. He also shares his thoughts on the performance of the major banks and iron ore miners as well as some of the key stocks in IML’s portfolios including Brambles (BXB), Charter Hall Retail REIT (CQR), CSL (CSL) and Amcor (AMC).
