VGI Partners Global Investments Ltd. (AU:VG1) has released an update.
VGI Partners Global Investments Ltd reported a positive net portfolio return of 1.8% for June 2024, with notable performance from large-cap tech companies like Amazon, Meta, and Alphabet, which are benefiting from the AI industry’s growth. The firm continues to strategically shift investment exposure from the higher-valued US market to more attractively priced opportunities in Europe and Japan. Additionally, a new top 10 position in GQG Partners has already shown strong contribution to the VG1 portfolio.
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