While studies come to many different conclusions regarding the arguments both for and against operating an active investment strategy, there is no doubt that done correctly, an active investment strategy can do wonders for your wealth.
Boosting your portfolio's returns via an active investment strategy is certainly no cinch however and it requires plenty of hard work and vigilance.
Part of the process of being an active investor is generating ideas. One way that can be helpful in identifying new investment candidates is keeping an eye on what successful boutique fund managers are buying.
With that in mind here are five stocks which one leading boutique manager, OC Funds, had a positive view on as at 31 May 2016.
- Fisher & Paykel Healthcare Corp Ltd (ASX: FPH) – a leading provider of respiratory care medical devices which continues to grow profits at a high double-digit rate.
- Worleyparsons Limited (ASX: WOR) – a leading provider of services to the hydrocarbon, minerals, metals, chemicals and infrastructure sector. The stock has fallen on hard times in response to the weak oil price but OC views Worleyparsons as a turnaround opportunity.
- Mineral Resources Limited (ASX: MIN) – offers exposure to the "hot" commodity of lithium.
- Speedcast International Ltd (ASX: SDA) – a leading provider of satellite services whose shares have been sold down in response to soft demand from oil, gas and maritime customers.
- Blackmores Limited (ASX: BKL) – OC recently visited China and believes that concerns regarding disruption within Blackmores' Chinese distribution channels in response to tax and regulatory changes have been overblown by the market. OC remains positive on the long term prospects for this leading vitamin manufacturer.
