In today’s briefing:
- Asia-Pac Weekly Risk Arb Wrap: Ramsay Health, Dongzheng Auto, Cleanaway, Hitachi Transport, DGO Gold
- ClearBridge Investments SMID Cap Growth Strategy Q1 2022 Commentary
- ClearBridge Investments All Cap Growth Strategy Q1 2022 Commentary
Asia-Pac Weekly Risk Arb Wrap: Ramsay Health, Dongzheng Auto, Cleanaway, Hitachi Transport, DGO Gold
- There are 36 – mostly firm – transactions currently being discussed and analysed on Smartkarma. Inside is a timetable of upcoming key events for each deal.
- Two new deals this week: KKR’s possible tilt for Ramsay Health (RHC AU); Dongzheng Automotive (2718 HK)‘s possible MGO. Possible Offers for Cleanaway (CWY AU)and Hitachi Transport (9086 JP).
- Key updates took place for: Gold Road Resources (GOR AU)‘s all-scrip off-market Offer for DGO Gold Ltd (DGO AU).
ClearBridge Investments SMID Cap Growth Strategy Q1 2022 Commentary
- The Strategy underperformed during a pronounced rotation out of higher-growth companies due to investor de-risking and a less accommodative macro backdrop.
- We used opportunities created by heightened volatility to establish seven new positions while exiting eight other names to increase conviction in stocks with more attractive risk/reward profiles.
ClearBridge Investments All Cap Growth Strategy Q1 2022 Commentary
- ClearBridge is a leading global asset manager committed to active management.
- Research-based stock selection guides our investment approach, with our strategies reflecting the highest-conviction ideas of our portfolio managers.
- Recent underperformance was driven by stock selection, where earnings shortfalls impacted several names in communication services and technology.
Before it’s here, it’s on Smartkarma