We hold HFA in high regard

Livewire Exclusive

Livewire Markets

Having watched the US$8.6 billion global funds management business of HFA Limited (ASX:HFA) for many years we have always held the company in high regard with its quality management, long term performance track record and sticky loyal investors but with only anaemic fund inflows we have waited on the sidelines. With fund flows now growing again, around $1billion of net flows arrived over the last twelve months, and the company being a strong beneficiary of the falling $A, we expect strong profit growth over coming years. The stock trades on a PE ratio of less than 10 times next year's earnings, is paying an expected dividend yield of close to 7% and has no corporate debt. @pengana

2 topics

Livewire Exclusive brings you exclusive content from a wide range of leading fund managers and investment professionals.

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.