Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Fat Prophets Global Contrarian Fund Ltd. ( (AU:FPC) ) has shared an announcement.
Fat Prophets Global Contrarian Fund reported a decrease in its net tangible asset backing for October, attributed to corrections in equities and precious metals, and the strengthening US dollar. Despite these challenges, the company remains optimistic about long-term growth in precious metals and has strategically diversified its portfolio by investing in Chinese technology firms and companies like Grab Holdings and Genius Sports, which are poised for growth in their respective markets.
More about Fat Prophets Global Contrarian Fund Ltd.
Fat Prophets Global Contrarian Fund Ltd. operates in the financial services industry, focusing on investment management. The company offers a diversified portfolio with a market focus on equities, precious metals, and technology sectors, particularly in emerging markets and China.
Average Trading Volume: 47,199
Technical Sentiment Signal: Buy
Find detailed analytics on FPC stock on TipRanks’ Stock Analysis page.