May 23, 2025

australian equities

Funds

The surprise ASX stock topping the list for global investment funds – Tom Stelzer

Foreign buyers in the ASX has dwindled over time, as valuations have made the Australian equities market the second-most expensive in the world, after the US. But there’s one ASX stock that’s still held by more than 10% of global funds and it’s probably not a name you’re likely to guess. It’s not ASX heavyweights

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