Profeta Investments has written to the Board of Directors of Datagroup concerning the management and supervisory boards’ intention to recommend Kohlberg Kravis Roberts’ (KKR) €54 per share offer for minority shareholders’ shares. Profeta Investments is one of the top twenty shareholders in Datagroup, by virtue of the funds we manage for our clients. We believe [...]
Profeta Investments Letter to Perpetual Board
The Profeta International Fund appreciated 3.4% in December. This is in stark contrast to the US’s S&P500 which declined 2.5% and Australia’s All Ordinaries, which declined 3.2%. The fund is highly uncorrelated to major indices due to our concentrated positions in smaller capitalised companies around the world. While we think that there are over-inflated [...]
September 2024 Update - Profeta International Fund
Follow the link below to read Garry's article, featured in Livewire Two global technology companies that use AI but don't have an AI premium
June 2024 Update - Profeta International Fund
March 2024 Update - Profeta International Fund
December 2023 Update - Profeta International Fund
In March this year Profeta Investments hosted an event for investors. The evening included guests from finder.com.au and Boost Lab, who provided their insights into building successful businesses. In this video, Garry is speaking about the opportunities that Profeta is seeing in global markets. For a video of the full event, please contact admin@profetainvest.com.au. https://www.youtube.com/watch?v=EFUW7-ZKwdM
The fund appreciated 5% in November, as our European and Asian companies rebounded from depressed levels. The MSCI World Index only appreciated 0.9% by comparison in AUD as the rising Australian dollar offset the improving equity market. Fortunately, our currency hedges offset this impact as we have a significantly lower exposure to the US dollar [...]
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