Medibank an attractive long-term proposition: Perpetual's Matt Williams

By Jessica Gardner
Updated October 23 2014 - 7:08am, first published October 22 2014 - 9:55am
The release of the health insurer’s prospectus on Monday showed managing director George Savvides and his team have made some progress on cutting costs.  Photo: Josh Robenstone
The release of the health insurer’s prospectus on Monday showed managing director George Savvides and his team have made some progress on cutting costs. Photo: Josh Robenstone
“Investors potentially shouldn’t be banking on massive efficiency improvements straight from the starting gun.”: Perpetual's Matt Williams
“Investors potentially shouldn’t be banking on massive efficiency improvements straight from the starting gun.”: Perpetual's Matt Williams
The release of the health insurer’s prospectus on Monday showed managing director George Savvides and his team have made some progress on cutting costs.  Photo: Josh Robenstone
The release of the health insurer’s prospectus on Monday showed managing director George Savvides and his team have made some progress on cutting costs. Photo: Josh Robenstone
The release of the health insurer’s prospectus on Monday showed managing director George Savvides and his team have made some progress on cutting costs.  Photo: Josh Robenstone
The release of the health insurer’s prospectus on Monday showed managing director George Savvides and his team have made some progress on cutting costs. Photo: Josh Robenstone
The release of the health insurer’s prospectus on Monday showed managing director George Savvides and his team have made some progress on cutting costs.  Photo: Josh Robenstone
The release of the health insurer’s prospectus on Monday showed managing director George Savvides and his team have made some progress on cutting costs. Photo: Josh Robenstone
The release of the health insurer's prospectus on Monday showed managing director George Savvides and his team have made some progress on cutting costs. Photo: Josh Robenstone
The release of the health insurer's prospectus on Monday showed managing director George Savvides and his team have made some progress on cutting costs. Photo: Josh Robenstone

The largest shareholder in nib, the only listed health insurer, says the $4 billion-plus float of Medibank Private is an attractive opportunity, but has warned investors against expecting immediate returns from the company's promised cost cutting.

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