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PM Capital Global Opportunities Fund Sees Strong European Performance Amidst US Weakness
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PM Capital Global Opportunities Fund Sees Strong European Performance Amidst US Weakness

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PM Capital Global Opportunities Fund Ltd. ( (AU:PGF) ) has provided an update.

PM Capital Global Opportunities Fund Limited reported a net tangible asset (NTA) backing per share of $2.1374 before tax accruals as of December 31, 2024. The company’s European holdings performed strongly in the last month, particularly in the homebuilders and banking sectors, contrasting with weaker performances in US-based holdings. The fund’s strategic shifts included initiating a position in Sanofi, highlighting opportunities for growth despite broader market volatilities affecting commodities and currencies.

More about PM Capital Global Opportunities Fund Ltd.

PM Capital Global Opportunities Fund Limited (PGF) operates in the global equities market, employing a fundamental, bottom-up, research-intensive investment style. The company focuses on long-term capital growth through a concentrated portfolio of globally listed equities, including Australian stocks. Key sectors include domestic banking in Europe and the USA, industrial metals, and energy commodities.

YTD Price Performance: 2.69%

Average Trading Volume: 306,130

Technical Sentiment Consensus Rating: Sell

For detailed information about PGF stock, go to TipRanks’ Stock Analysis page.

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