Washington H Soul Pattinson & Company
ASX:SOL
Storied investment firms Soul Patts and Perpetual and hedge fund Regal have all revealed plans to deepen their exposure to the booming but controversial asset class.
Chief executive Todd Barlow says the famously long-term investor is adopting a more dynamic approach in response to turbulent global markets.
TMS likes to buy and hold. Up to 70% of its portfolio is made up of picks it made when it was established two decades ago - including CSL, Soul Patts and Brickworks.