In Q4 2025, Polen Capital initiated a new position in Tencent Holdings and Spotify and sold its positions in Sage Group, Willis Towers Watson, ICON Plc, and Workday. Eli Lilly was the top performing relative contributor in Q4. The primary drag for the quarter was Oracle, accounting for almost all of the Portfolio's relative underperformance in Q4.
BYD verlor nach Preisschlachten und Margendruck an Glanz. Analysten sehen dennoch großes Potenzial – vor allem durch das oft übersehene Batteriegeschäft.
Australian payment firm Airwallex said on Monday it will invest around 200 million euros ($233.64 million) over the next five years in its Netherlands operations, marking a major European expansion as it shifts from its Asia-Pacific base.
A PIF-led consortium's $55-billion move to take Electronic Arts private marked the largest leveraged buyout in Wall Street history. French game developer Ubisoft looked to turn its fortunes around this year, with the creation of a new gaming subsidiary with Chinese tech giant Tencent.
Prosus remains a Strong Buy, driven by robust financials, record buybacks, and a persistent valuation gap to its Tencent stake. E-commerce revenue grew 22% YoY with aEBITDA up 70%, supporting targets to more than double segment revenue and triple profits by FY28. Strategic expansion in Europe, LATAM, and India, including the €4.1B Just Eat Takeaway acquisition, underpins Prosus' ambition to bui...
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