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A top-performing global equity fund has more than doubled its exposure to Japan this year, making the move just as a strengthening yen boosts the outlook for domestic companies.
A top-performing global equity fund has more than doubled ... Japanese stocks made up 24% of the $3 billion Orbis International Equity fund as of end-April, up from just 10% four months earlier.
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As demand continued to recover, Accor's debt/adjusted EBITDA reached 3.9 times in 2022, 2.5 times in 2023, and 2.8 times in 2024. In 2023, Fitch Ratings upgraded Accor's debt to investment-grade.
His shareholder register, largely assembled with some $5 billion of handpicked equity placements, looks more like that of a private buyout fund. Backers include Orbis Investment Management ...
Q1 2025 Results Conference Call April 22, 2025 11:00 AM ETCompany ParticipantsJeremy Ulan - Head of Investor Relations ...
The sectors where fund selection is making a real difference in 2025 ...
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