We are buying back into Zip Co (ZIP) having taken profit in December ~$3. The risk/reward is now appealing for their growth outlook in their US business. NB, this is a volatile stock!
MM are buying ZIP in the Emerging Companies Portfolio, allocating 4% around $2
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We are adding to our existing position in hotel management and guest acquisition platform Siteminder (SDR), increasing the target from 4% to 6%, reflecting our high conviction in the stock.
MM are adding to SDR in the Emerging Companies Portfolio, targeting a 6% weighting around $4.40
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We are adding to our existing position in mining software business RPM Global (RUL), increasing the target from 4% to 6%, reflecting our high conviction in the stock.
MM are adding to RUL in the Emerging Companies Portfolio, targeting a 6% weighting around $2.90
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