Why this value investor likes Google (but not Aussie banks)


Source: afr.com afr.com

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Holowesko is a value investor and is coming off a cracking year; its long-short strategy beat the MSCI All Country World Index by 26.5 per cent in 2022. That performance also benefited the ASX-listed Future Generation Global investment company, which added Holowesko to its roster of fund managers last year following a review of investment performance. FGG announced on Tuesday it had delivered a 4.2 per cent investment return in the December half, beating the MSCI World Index by 0.5 per cent; its full-year dividend jumped 16.7 per cent to 3.5¢, representing a fully-franked yield of 5.9 per cent. Farrington...