Cooper Investors
Cooper Investors Endowment Fund
Dec 2024 → Dec 2024
Our archive holds 1 letter from this strategy, behind 2 investment theses and positions in 13 companies. Every quote below is copied verbatim from the letter it came from.
1 letter in a year · follow all of Cooper Investors for every strategy.
What it bought and sold
We established a position in BlueScope Steel (BSL) during the December quarter.
Consistent with our key objectives for downside protection, we added Cleanaway (CWY) and Origin Energy (ORG) to the portfolio which display VoF attributes (Stalwarts, Asset Plays, and Improving Operating Trends) in the current economic cycle.
Consistent with our key objectives for downside protection, we added Cleanaway (CWY) and Origin Energy (ORG) to the portfolio which display VoF attributes (Stalwarts, Asset Plays, and Improving Operating Trends) in the current economic cycle.
We added to our CSL Ltd (CSL) position during the December quarter as the market took a negative view to CSL’s R&D Investor Brieng and the potential for a more challenging US Health Policy setting under a Trump administration.
Also held
Its investment theses
- BlueScope SteelDec 2024BlueScope Steel is a strategically positioned steel manufacturer poised to benefit from a rebound in residential construction and favorable tariffs, following its shift to branded products and attractive asset-backed valuations.
- CSL LtdDec 2024CSL Ltd is a company with a strong growth outlook despite recent setbacks in its clinical pipeline, driven by robust product offerings and a shift in management focus toward capital returns.