Samsung Electronics – an unlikely flame-out
Pendal Group
Pendal Group
One of Samsung Electronics’ flagship products, the Galaxy Note 7 smartphone, has become infamous for its tendency to catch fire. Or as Reuters put it, “Samsung’s latest invention: a fireproof box for Note 7 return.” The company’s attempt to satisfy Note 7 owners has been poorly executed and the Note 7 is being canceled as a device, with production ended and a full recall. Samsung’s share price has been volatile during September and October. Given the recent commentary, we wanted to highlight why Samsung remains one of our highest conviction holdings in the BT Global Emerging Markets Opportunities Fund. (VIEW LINK)
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At Pendal Group, our vision is to combine the benefits of our strong institutional foundation and performance-focused culture with a multi-boutique specialist investment approach. We believe this approach firmly positions Pendal to achieve outstanding risk-adjusted returns for our investors, and deliver strong growth for our shareholders. Pendal Group is listed on the Australian Securities Exchange and manages A$62.05 billion (31 March 2014) for investors.
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Pendal Group
Pendal Group
At Pendal Group, our vision is to combine the benefits of our strong institutional foundation and performance-focused culture with a multi-boutique specialist investment approach. We believe this approach firmly positions Pendal to achieve...
Pendal Group
Pendal Group
At Pendal Group, our vision is to combine the benefits of our strong institutional foundation and performance-focused culture with a multi-boutique specialist investment approach. We believe this approach firmly positions Pendal to achieve...
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