Financial sector, page-2

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    GQG announced another strong net inflow for May (2.8 bn USD), with an accumulated 9.1 bn USD of net inflows since January 24.

    Also interesting to note that the 2 stocks mentioned in the initial post in this thread (GQG and Findi) are in sectors, which are considered as dying (respectively active fund management and ATM business).
    It just shows that we do not necessarily need to invest in growing sectors to find growing companies.
    The decline of active fund management probably means more and more concentration of inflows towards the successful active fund managers (on a regular basis).
    For ATM, there is no doubt that, this is a declining sector in the long term.
    However, there is still money to be made in this sector in the short/medium term thanks to price increase (interchange fees) and a slow decline of the sector.
 
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