A recent article published by the Financial Standard has reported the results of a global study which found that over the past 20 years active boutique fund managers have consistently outperformed both non-boutique peers and index tracker funds.
It's a good reminder of the boost to portfolio returns which can be generated by an active investment strategy and it's also a good reminder of why it can be helpful to keep an eye on what successful boutique fund managers with a track record of outperformance are buying.
With that in mind here are eight stocks which one leading boutique manager, OC Funds, currently has a positive view on…
The first three stocks all offer an ability to grow their earnings outside of the economic climate:
1. Fisher & Paykel Healthcare Corp Ltd (ASX: FPH) – a leading provider of respiratory care medical devices.
2. Healthscope Ltd (ASX: HSO) – a leading operator of private hospitals.
3. iSentia Group Ltd (ASX: ISD) – a leading provider of media monitoring and intelligence services.
The next three stocks all provide exposure to the thematic of a robust US economy:
4. Ardent Leisure Group (ASX: AAD) – a leisure and entertainment company with a growing US operation under the 'Main Event' brand.
5. Hansen Technologies Limited (ASX: HSN) – a global provider of software solutions to the utilities sector.
6. Treasury Group Limited (ASX: TRG) – a domestic fund manager that has undertaken a transformative merger with peer Northern Lights which provides shareholders with exposure to a $24 billion US-based fund manager.
The final two stocks are benefiting from structural factors which are driving earnings growth:
7 & 8. APN Outdoor Group Ltd (ASX: APO) and oOh!Media Ltd (ASX: OML) are both providers of outdoor advertising and both companies are presently benefitting from a structural shift to digital billboards.
