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3 top ASX shares rated as buys by fund managers
Tristan Harrison | December 10, 2020 3:52pm |
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Here are three of those opportunities:
Eley Griffiths Group is a fund manager that likes Reject Shop as an opportunity. The Eley Griffiths fund that invests in ASX shares has outperformed the S&P/ASX Small Ordinaries Accumulation Index by more than 10% per annum in recent years.
The fund manager believes that the global economy is now in a recovery phase, starting in China and spreading outwards.
Regarding Reject Shop, Eley Griffiths said in an ASX release of
Future Generation Investment Company Ltd(ASX: FGX): “the ASX share sits at the early stages of a planned multi-year turnaround. New management have a reset balance sheet, strong brand and an operating model awaiting refinement. We have identified several levers where value for shareholders should be unlocked.”