Cooper Investors Sees Long-Term Growth in Bentley Systems (BSY)
Cooper Investors, an employee-owned investment company that manages 7 pooled investment trusts, published its Cooper Investors Global Equities Fund (Hedged) third-quarter 2020 Investor Letter – a copy of which can be downloaded here. A positive return of 9.18% was recorded by the fund for the 3rd Quarter of 2020, ahead of its MSCI All Countries World benchmark that returned 6.94%. You can view the fund’s top 10 holdings to have a peek at their top bets for 2021.
Cooper Investors in their Q3 2020 Investor Letter said that they were able to distinguish a value in Bentley Systems, Incorporated (NASDAQ: BSY) and initiated a position in the company. Bentley Systems, Incorporated is software development company that currently has a $14 billion market cap. For the past 3 months, BSY delivered a 28.96% return and settled at $51.57 per share at the closing of January 15th.
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