Rising costs, inventory challenges and higher interest rates weigh on retail stocks, but fund manager Tom Richardson sees select opportunities. He manages $100m in the ASX 200-focused Equity Alpha Plus Fund and supports FGX/FGG pro bono.
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Published: September 21, 2022
Rising costs, inventory and interest rates don’t bode well for retail stocks – but a couple look good to fund manager Tom Richardson. Mr Richardson manages $100 million in the ASX 200-focused Equity Alpha Plus Fund, and is one of Future Generation Australia (ASX: FGX) and Future Generation Global’s (ASX: FGG) pro bono fund managers.
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Future Generation Australia Board of Directors declares increased fully franked interim dividend.
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