James Hardie is set to merge with US giant AZEK, in a move that will see the new company’s primary listing on Wall Street, and a secondary listing on the ASX. There are other examples too, like Newcrest mining, bought by US-based Newmont. Plus more and more Australian investors are buying US shares, and we're seeing fewer big listings on the ASX. So is the local bourse in trouble?
Roger Montgomery, founder and Chief Investment Officer at Montgomery Investment Management, talks to Sean Aylmer about the outlook for the ASX compared to Wall Street, and what it all means for Australian investors.
This podcast contains general information only and you should seek professional advice before making investment decisions.
17:32
12:26