Kingfish exits Michael Hill to focus on A2, F&P Healthcare and Mainfreight

Wed, 24 Apr 2019

By Rebecca Howard April 24 (BusinessDesk) - Kingfish pivoted out of Michael Hill International in the latest quarter, adding to its position in A2 Milk, Fisher & Paykel Healthcare and Mainfreight after strong returns. "During the March quarter portfolio heavyweights like the A2 Milk Company, Fisher & Paykel Healthcare and Mainfreight delivered significantly higher returns than the market," said senior portfolio manager Sam Dickie. A2 Milk was up 28 percent while Fisher & Paykel Healthcare gained 21 percent, he said. Mainfreight gained...

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