The haves and the have-nots

Chris Hestelow

Allan Gray

In our latest edition of Why Axis, we discuss the huge gap between expensive and cheap Australian shares and why investors are paying a much bigger premium than normal for popular growth stocks. As contrarian investors, we are holding the out-of-favour shares, or the have-nots, and we’re being rewarded until the gap narrows.

Please don’t hesitate to share your feedback with us, including any subjects you would like to see covered in future editions, and simply contact us to let us know your thoughts.




Chris Hestelow
Senior Investment Specialist
Allan Gray

Chris is a Senior Investment Specialist with over ten years of experience in financial services including previous roles at BT. Known for a strategic and analytical approach, he is responsible for managing Allan Gray Australia's relationships with...

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