Outlook for equities is the best Chris Stott has ever seen
Feb 22, 2021 – 12.00am
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Chris Stott says he found his mind constantly drifting back to markets during a gap year spent on overseas adventures ranging from the mud, heat and humidity of the Kokoda Track to an Ashes Test at Lord’s in 2019.
The fund manager, who made his name over 12 years at Wilson Asset Management from 2006 to 2018, says lots of options were on the table after Wilson, but the pull of markets was too strong to resist.
Cricket fan Chris Stott said of Lord’s: “It’s a special place, the best, lived up to all expectation.”
Top fund managers reveal 3 top ASX shares to buy for 2021
Tristan Harrison | January 14, 2021 9:33am |
More on: Image source: Getty Images
There was a huge amount of disruption in 2020 due to the COVID-19 pandemic.
These businesses have been identified by fundies as among the best opportunities for 2021:
Downer is the choice of fund manager Matthew Kidman from Centennial Asset Management.
The ASX share boasts that it has a history dating back over 150 years. It designs, builds and sustains assets, infrastructure and facilities and it’s the leading provider of integrated services in Australia and New Zealand.
Downer is currently in the process of restructuring its business and it’s selling assets. A recent sale was a mining business. Mr Kidman said that it’s selling its lumpy, heavy capital intensive components, and going into a much more capital-light service-based business with a lot of long-term government contracts.
Buy, hold, sell: Fund managers No.1 stock picks for 2021
Jan 8, 2021 – 4.04pm
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Matthew Kidman: Here we are, it s the holy grail. Who is going to tip the best stock for 2021? Everyone wants to be standing on the podium, and everyone wants to be a gold medal winner. You re going to hear it first here.
James Marlay: Small caps have been the right place to be in Livewire s fundies tips for the past few years. What s your number one pick for 2021 and why do you like it?
Olivia Salmon, Lennox Capital
Corporate Travel Management – it was our number one pick for the re-opening trade when we were getting bullish again on equities. I think that the market s fears that Zoom calls or phone calls will be the way of the future and no one will travel anymore is overblown.