Pivot to virus winners drives record profit for Future Gen
Pivot to virus winners drives record profit for Future Gen Save Share A pivot to COVID-19 winners has helped the Future Generation Global Investment Company report its strongest operating profit on record. The fundâs investment in Amazon, Starbucks, Tencent, Alibaba and Mastercard through its pro bono fund managers helped it deliver a return well above benchmark. The Future Generation Global fund reported a 131 per cent increase in operating profit on Thursday, delivering a 19.4 per cent total shareholder return. The investment portfolio increased by 14.3 per cent, outperforming the MSCI...
Source: afr.com