Q: Would you be comfortable with a full position in HPS.A? Thank you.
5i Research Answer:
We certainly like HPS.A, growth is solid and valuation is still quite cheap. We would be comfortable to size the position with a decent weight in the portfolio with a near full position. Having said that, we tend to leave some (minor) room to add if opportunities present themselves in the future. Our weighting in the growth portfolio is about 2.2%.