Karl Siegling runs through the 16th November AGM presentation. Firstly he gives an update on the performance of the Australian market and then discusses the return of the fund since its inception. He then discusses the discount to NTA and what steps have been taken to narrow this discount. Finally he discusses the performance of some of the stocks in the portfolio before finishing off with a summary outlook.
Funds management involves a lot of synthesis of information and reading. Over the years we all end up reading many investment books and refer to them from time to time.
The team at Cadence has compiled a list of books that have influenced our investment style, or helped provide insight into the investment process.
Whilst not an exhaustive list, the 10 titles contained in this eBook provide a good starting point for any interested investor.