Changes in a company’s return on capital is often overlooked by investors, in favour of simple valuation metrics around current earnings. In this presentation Ben will compare two separate companies in the same industry that have produced vastly different results for investors, based on how their capital has been spent.
The Hayborough Opportunities Fund is a long only, small cap Australian Equities Fund investing in a portfolio of 20-40 high quality, small to mid sized ASX listed equities. Ben Rundle has 17 years’ experience in financial markets, previous experience working in NAOS Asset Management, Moelis & Company, Ord Minnett, Macquarie Bank and Taylor Collison.
Disclaimer
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- • Any comments made or information provided does not consider the appropriateness for you having regard to your particular objectives, personal/financial situation and needs. Before investing you should consider independent professional financial advice.
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- • These presentations were made as at 25-27 July, 2023 and therefore relevant facts, the economic environment, governing documentation and the law upon which they were based may change after that date such that the accuracy and reliability of their content may be affected.
