Fisher Funds backs Infratil's Vodafone play

Thu, 20 Jun 2019

By Paul McBeth June 20 (BusinessDesk) - Listed investment entity Kingfish's manager Fisher Funds Management likens Infratil's planned Vodafone New Zealand purchase to its successful foray into the retail fuels market. Infratil was Kingfish's fourth-biggest investment as at May 31, accounting for 8 percent of the $318 million of assets it manages. Infratil's monthly return was minus 0.4 percent in May, when it announced plans to buy the country's biggest mobile carrier, Vodafone, in tandem with global investment house Brookfield Asset Man...

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