Fisher Funds sells down Summerset stake
"The company is a victim of its own success," fund manager says.
Asset manager Fisher Funds has sold down its holding in retirement village operator Summerset [NZX:SUM], as its share price lifted after good annual results.
Fisher ceased to be a substantial holder of the stock on February 28, selling 737,400 shares to decrease its stake from 5.1% to 4.8%. It
Want to read more? It's easy.
Choose your best value subscription option
Individual
Group membership
NBR Marketplace
Yearly Premium Online Subscription
NZ$499.00 / yearly
Monthly Premium Online Subscription
NZ$44.95 / monthly
Smartphone Only Subscription
NZ$24.95 / monthly
Premium Group Membership 10 Users
NZ$350+GST / monthly
$35 per user - Pay by monthly credit card debitPremium Group Membership 20 Users
NZ$600+GST / monthly
$30 per user - Pay by monthly credit card debitPremium Group Membership 50 Users
NZ$1250+GST / monthly
$25 per user - Pay by monthly credit card debitPremium Group Membership 100 Users
NZ$1875+GST / monthly
$18.75 per user - Pay by monthly credit card debitYearly Premium Online Subscription + NBR Marketplace
NZ$499.00 / yearly
Already have an account? Login
Calida Smylie
Fri, 02 Mar 2018
Fri, 02 Mar 2018
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Fisher Funds sells down Summerset stake
73702