Abnormal returns

In year 427BC, the Greek philosopher Plato founded ‘The Academy’, which today is considered the world’s first university. Given this background, it is somewhat fitting that half of Sydney-based fund, Plato Investment Management’s, ten-strong team have PhD’s.

With so much grey matter focused solely on generating equity income for their clients, it’s no surprise the results are impressive. Managing Director, Dr Don Hamson, shared in this interview that their investors will have received 16% gross yield after fees this financial year, though Don cautions that these were ‘abnormal returns’ supported by some political and corporate one-offs. Watch the video for his thoughts on the outlook for dividends post-election, one part of the market that remains underappreciated for income and the single most expensive asset to own right now

Don hamson,plato investment management,ASX:PL8,