2 weeks Ago
Copy link Copied Copy link Copied Subscribe to gift this article Gift 5 articles to anyone you choose each month when you subscribe. Already a subscriber? Login The performance of cybersecurity stocks has long lagged the explosive growth in the industry and fallen short of expectations partly because technology is moving so quickly that companies can often fail, says Loftus Peak’s research chief Raymond Tong. Loftus Peak, a boutique investment fund based in Sydney, has been one of the biggest local winners from the rise in chipmaker Nvidia, buying into the company in 2016 when shares traded for less than $US30 each.
They were at about $US120 when Loftus, which markets itself as a fund that invests in global disruption, sold out. Copy link Copied Copy link Copied Subscribe to gift this article Gift 5 articles to anyone you choose each month when you subscribe. Already a subscriber? Login Introducing your Newsfeed Follow the topics, people and companies that matter to you.
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