It pays to listen to the experts and that is why this week our editor Richard Hemming interviewed eight of Australia's best performing fund managers to uncover their investment strategies. This is a must read for anyone looking to profit from the thoughts of the big investors during this time of unprecedented change and with 30 June results just around the corner.
Why are fund managers investment strategies so important?
Australian fund managers talk about value versus growth as their investment strategy, but really, they are all trying to do the same thing: consistently make money. The fact is that many Australian fund managers have been buying and selling ASX stocks much more than usual. In this week's ASX stock report ,eight of Australia's best performing fund managers talk about which ASX stocks they've been buy and selling. These best performing fund managers also discuss their investment strategies to help ASX investors.
Who are the eight fund managers?
Last week’s stock report generated a big response from ASX investors seeking investment strategies from fund managers and this week's stock report promises to be just as interesting. The eight fund managers include:
- Chris Prunty, Portfolio Manager, QVG Capital
- Andy Gracey, Portfolio Manager, Australian Ethical Investment
- Karl Siegling, Principal at Cadence Capital
- Tobias Yao, Portfolio Manager, Wilson Asset Management
- Steven McCarthy, Portfolio Manager, DMX Asset Management
- Richard Bailey, Portfolio Manager, Kuttabul Capital Management
- Andrew Brown, Portfolio Manager and Former Head of Equities at Rothschild Australia
- The Idle Speculator, Portfolio Manager, Under the Radar Report
What are the fund managers investment strategies?
The eight best performing fund managers answer the following questions in this week's stock report regarding their investment strategies:
- If you are a bull, why and what stocks are you buying? If you are a bear, why and which stocks are you selling?
- Where are your portfolio’s big bets and why?
- What keeps you up at night related to stocks?
- What is your investing philosophy and have you had any doubts?
- What do you think reporting season will show us? Are expectations too high?
If you are not a subscriber, CLICK HERE to access this week's stock report (Issue 405) and read about Australia's best performing fund managers and their investment strategies.
What are the top fund managers' expectations for the upcoming reporting season?
It’s going to require all their nous and more in order to get grips with what the future holds for the companies they own and others that they’re interested in.
Buy Now Pay Later insights
In this week's stock report we also look at one sector where their expectations have a high degree of divergence: Buy Now Pay Later. We tell you whether to Buy, Sell or Hold:
- AfterPay (APT)
- Splitit Payments (SPT)
- Zip Co (Z1P)
The lockdown's brought about by COVID-19 has accelerated the shift to online and the BNPL sector is a big beneficiary. NAB's Online Retail Sales Index for May was up 50% on a year ago; well up on the 6% increase in total retail sales. But remember, the bigger you get the harder it is to grow. Could some BNPL providers become a victim of their success?
If you are not a subscriber, CLICK HERE to find out what Australia's top fund managers think about this sector (Issue 405).
Three ASX Small Cap updates
In this week's stock report we also update three Small Caps that have a great deal of growth potential, being involved in technology, manufacturing and cannabis production: Data#3 (DTL), Quickstep (QHL) and Ecofibre (EOF). You can hunt for all the income you like, but growth is what excites the stock market.