Business
The ASX shares that fund managers were buying this month – Motley Fool Australia
It was rocketing ASX tech stocks that generated big returns for fund managers, but these professionals are switching horses.
It was rocketing ASX tech stocks that generated big returns for fund managers, but these professionals are switching horses.
The latest fund manager survey by JPMorgan found that this group of investors are increasingly banking on the “reopening trade”.
This trade refers to buying the COVID-19 casualties – stocks that took the brunt of the sell-off from the pandemic.
Ugly ducklings to swans?
Some examples include the Qantas Airways Limited(ASX: QAN) share price and Webjet Limited(ASX: WEB).
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