Cynthia

Our fund depreciated 1.4% in the month of September. It appreciated 5.5% for the September quarter Equity markets dropped for the month of September with the equal-weighted S&P500 in the US falling 5.2%, yet the S&P500 down only a little due to the strength in the Nasdaq. While the technology sector was up [...]

Universal Music Group We have followed Universal Music Group for over a decade, first through our investment in Vivendi and then its separate listing in 2021. AI fears and slowing streaming growth have caused a dramatic sell-off in this quality company and we have taken the opportunity to buy a position in the [...]

Amid recently volatility, we have been looking to increase our portfolio weighting in defensive consumer staples companies. Whilst it is difficult to find high quality and consistent high growers in this sector, Heineken has caught our eye.  Heineken has been a front runner in the consumer staples industry due to their high [...]

IQVIA is a leading global provider of clinical research services, commercial insights and healthcare intelligence to the life sciences and healthcare industries. When a large pharmaceutical company needs to do a stage 3 clinical trial on a drug, they will go to a global company like IQVIA for this task. IQVIA was formed in [...]

Our fund appreciated 5.1% in the month of December and 4.2% for the quarter, taking the calendar year return in 2025 to 14% in Australian dollars. Our fund returned 21.8% in US dollars in 2025, considering that the Australian dollar appreciated 7.8% against the US dollar in 2025. This comfortably outperformed the MSCI [...]

We have been investors in Expedia Group for more than a decade, and it was really exciting to see the stock’s exponential take-off in the last two years, tripling in value to the current USD274. We have been patient investors in Expedia Group, buying the stock for Profeta’s clients when it was valued [...]

We believe Miu Miu and Birkenstock provide the largest investment returns, and here is why. They say the luxury market has passed its peak, entering a stage of decline after its meteoric post-pandemic rise. The luxury market has stagnated with a fall of 1% in 2024 and a projected fall of 2-5% [...]

We have been shareholders in Alibaba for many years now. Profeta's CIO, Garry, witnessed Jack Ma present at a Credit Suisse conference in Hong Kong before the company was listed. He also attended their investor day in Hangzhou, just before Jack Ma stepped down from the helm of the company. Profeta is glad [...]

At Profeta Investments, we have a long history of investing in legal software businesses. Profeta’s CIO’s legal background provides a deeper understanding of the industry’s opportunities and how, with technology, this sector can grow incredulously. Our CIO was one of the first investors in Smarter Drafter, an unlisted legal software company in Australia, [...]

While Microsoft and NVIDIA have seen stock surges on AI momentum, Alphabet remains an outlier. Despite owning its own AI infrastructure and delivering strong double-digit growth across Search, YouTube, and Cloud, the market hasn’t fully priced in Alphabet's AI and tech potential. Alphabet remains significantly underappreciated, where its valuation doesn’t reflect its long-term [...]