And then there are companies whose operations are closely linked to European financial markets. For them, short term expectations may have to reset at a lower level medium term. Such companies include Henderson Group ((HHG)), BT Investment ((BTT)), QBE Insurance ((QBE)), Insurance Australia Group ((IAG)), Westfield ((WFD)), Computershare ((CPU)), Iress ((IRE)), Macquarie Group ((MQG)), among others. Potential impact for these companies can be nothing short of "large" in the short to medium term and investors have exactly taken this view with share prices for these companies yet to show any sign of recovery.
HGG Price at posting:
$3.78 Sentiment: None Disclosure: Not Held