Hi @SP007
What are your thoughts on Nikki Thomas? I think she will be running the portfolio side of things and Chris Mackay will be the public punching bag while she completes the restructure of the portfolio holdings.
From what I have read of her comments in the media on Facebook and other holdings is, “they are all up for debate”.
Much needed change before turning around fund performance can be considered.
Another note, Alphinity Global Equity has done well while Nikki has been there (although not as much FUM).
It will still take 12-18 months before financials will bottom out and before any FUM turnaround will be visible, early FUM growth signs to be monitored for over the next few months into June this year.
Best of Luck
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- Stokes, Grounds liken returning co-founder Chris Mackay to Warren Buffett.” AFR
Stokes, Grounds liken returning co-founder Chris Mackay to Warren Buffett.” AFR, page-10
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