NovaPort Capital team calls it a day
The team at small caps manager NovaPort Capital have decided to hang up their boots.
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The team at small caps manager NovaPort Capital have decided to hang up their boots.
Fidante affiliate NovaPort Capital has announced the closure of its small cap and micro-cap funds, citing expected declining flows.
Finance and investment news for Australian investors, their advisers and the financial services industry.
That Australia is projected to see a threefold increase in those aged 80 or over by 2062 is not lost on NovaPort portfolio manager, Sinclair Currie, who views the aged care sector as a valuable investment opportunity.
Positive sentiment: A powerful market force Sinclair Currie 16 March 2021 In the story of Jack and the Beanstalk, Jack trades a cow for some magic beans. He has faith that the beans will deliver his fortune, and he is willing to give up the value of a reliable supply of dairy to acquire them. Fortunately for Jack, his positive outlook is rewarded with a golden goose. Similarly, in the stock market exchanging cash cows for growth options has delivered some golden eggs. There are numerous examples of nascent or unprofitable businesses that have deliver...