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AU Financial Review

Three ‘unpopular' ASX giants veteran fundies are backing

Veteran Australian equity investors are backing companies in the healthcare and energy sectors – names that may be out of favour with the market, but ones that the fund managers are adamant are still a good bet. Speaking on the second day of the Morningstar Investment Conference in Sydney, well-known stockpickers from Pendal, First Sentier, and Allan Gray shared their top tips and pointed to underperforming ASX giants that they said were poised for a turnaround.