Underperforming large cap stocks need to be willing to consider shrinking their empires if they have run out of growth and ideas, top fund managers have urged.
The sharemarket is trading around a 10-year high and advanced almost 9 per cent in 2017-18 without the benefit of gains by the banks and Telstra.
Loading...
Vesna Poljak is the Companies editor. She was previously the Markets editor with a special interest in the investment industry, hedge funds and accounting. She is based in the Sydney newsroom. Connect with Vesna on Twitter. Email Vesna at vpoljak@afr.com
