How higher interest rates impact retail stocks

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.

Stay up to date

Join 20,000+ subscribers for market insights, top stock picks, and social impact updates from the Future Generation network.

Source: ABC News

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.

Licensed by Copyright Agency. You must not copy this work without permission.

Recommendations

Register for the Future Generation Chairs Q&A Webinar

Register to hear exclusive insights from Dr Philip Lowe, Chair of Future Generation Australia and Jennifer Westacott AC, Chair of Future Generation Global.

Future Generation Fundies name 13 stock picks for an energy shock and an AI boom

Featured in the AFR, Future Generation fund managers pick 13 stocks positioned for energy shocks and the AI boom, targeting resilient, high-growth companies aligned with long-term structural trends and innovation opportunities.

Phil King took a $10m punt on Firmus – now it’s worth $160m

The AFR covers the Firmus IPO, featuring pro bono fund manager Ben Griffiths’ comments following the Sydney AFR Shareholder panel moderated by Anthony Macdonald, alongside Phil King and Regal’s role as Future Generation pro bono...

ASX 200 is facing a lost year. These 25 stocks are braced for bad news

Geoff Wilson AO, Julia Weng and Matt Haupt featured in an AFR Chanticleer article following the Melbourne Shareholder Presentation, highlighting market volatility, earnings risks and cautious optimism ahead of the upcoming reporting season.