In addition to the recently distributed September Quarterly Report, we have recorded an update with Geoff Di Felice and Marcus Guzzardi, Co-Portfolio Managers of the Cooper Investors Global Equities Fund.
The update provides details on the fund’s recent performance, changes to portfolio holdings and a deeper dive into a new investment for the Fund, TKO Group Holdings Inc (TKO). TKO is a sports and entertainment company which owns the two premier combat sports assets, Ultimate Fighting Championship (UFC) and World Wrestling Entertainment, Inc (WWE).
Marcus and Geoff explore a little history of the company, the recent merger of the two businesses and the huge opportunities for monetisation of the WWE. The management team are highly focussed on optimising the revenues of live events, sponsorships and media rights, and thereby extracting the risk-adjusted value latency that the assets hold – a key tenet of the CI investment process.
