While shares of Australia’s major banks have delivered strong gains this year, high valuations, structural pressures, and the looming threat of RBA rate cuts – with the potential to squeeze margins – are clouding the outlook for future returns. For those selling bank shares to lock in profits, but keen to retain exposure to Financials that still offer significant growth potential, lead Portfolio Manager, Robert Hawkesford discusses with livewire markets three small-cap alternatives to consider.
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1 Oct 2024