Australia’s top-performing fund manager, Rob Osborn , avoids the hype of initial public offerings and favours companies with long histories.
“We do not usually invest in IPOs because we like to see how a business performs through a business cycle," Mr Osborn, who manages Lazard Asset Management’s Select Australian Equity Fund, said.
Loading...
Ruth Liew writes on business specialising in Insurance, wealth management and financial services. Ruth is based in our Sydney newsroom. Connect with Ruth on Twitter.
Sally Patten edits BOSS, and writes about workplace issues. She was the financial services editor and personal finance editor of the AFR, The Age and the Sydney Morning Herald. She edited business news for The Times of London. Connect with Sally on Twitter. Email Sally at spatten@afr.com
