Investors see the swan in ugly ducks
There were signs of bargain hunting among fund managers this week as investors increased holdings in some stocks that have suffered recent heavy sell-offs.
There were signs of bargain hunting and opportunistic buying among fund managers this week as investors increased holdings in some of the stocks that have suffered recent heavy sell-offs.
Scotland-based Baillie Gifford & Co increased its holding in Cochlear from 5.11 per cent to 6.16 per cent at a time when the stock was trading close to a two-year low.
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