
JP Verster's five stocks for 2020 - products of his "quantamental" process
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Money manager Jean Pierre Verster discovered a few years ago that local is not always lekker when it comes to making money out of shares. His Protea Capital's offshore hedge fund generated over 20% after fees in US Dollars last year. In this interview he explains the logic behind each of the five global stocks he selected in an article published in last week's Financial Mail. The five which Verster reckons will do well for investors in 2020 are Hong Kong-listed Meituan-Dianping; UK-listed Ferguson Plc; Norwegian company Salmar; Aussie-listed A2 Milk and the Toronto market's Air Canada. Fascinating stories to each of them and with South Africans now able to invest into offshore stocks with ease, the opportunity is obvious. - Alec Hogg