Veteran Australian equity investors are backing companies in the healthcare and energy sectors – names that may be out of favour with the market, but ones that the fund managers are adamant are still a good bet.
Speaking on the second day of the Morningstar Investment Conference in Sydney, well-known stockpickers from Pendal, First Sentier, and Allan Gray shared their top tips and pointed to underperforming ASX giants that they said were poised for a turnaround.
Source: https://www.afr.com/markets/equity-markets/three-unpopular-asx-giants-veteran-fundies-are-backing-20250521-p5m0xk