Business
Why this fund manager is a fan of Afterpay (ASX:APT) and these ASX growth shares
If you’re looking for ASX growth shares to buy, then it could pay to listen to the team at Hyperion Asset Management.
As of the end of December, the Hyperion Australian Growth Companies Fund has achieved a total return of 20.1% per annum over the last three years. This means the fund is outperforming its benchmark by a solid 6.9%.
I thought I would take a look at some of the shares the fund manager. Here are three in its portfolio:
This buy now pay later provider is Hyperion Australian Growth Companies Fund’s largest holding and accounts for 10% of its portfolio. The fund manager was happy with the company’s recent trading update, noting that it grew underlying sales by 112% to A$2.1 billion in November. Hyperion also…
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