This fund manager delivered 42% gains in one year. Here are the top ASX shares it owns
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Several ASX shares are reporting their financial performance this week. At the same time, several Australian fund managers have also posted their annual returns, with some impressive numbers.
Consulting firm Mercer has published results for the top-performing investment fund strategies in the twelve months ending September 30, 2024.
Hyperion Asset Management’s growth strategy took out top spot. Investments made in the firm’s Growth Fund has paid off, delivering a stellar 42% return in that time.
At the centre of this performance are some key ASX shares, including WiseTech Global Ltd (ASX: WTC), Xero Ltd (ASX: XRO), and Macquarie Group Ltd (ASX: MQG).
Let’s take a closer look at why these stocks remain core…
