22 Sep 2026First Sentier InvestorsWTCHeldFirst Sentier Investors continues to hold a positive view on WiseTech Global, with Dushko Bajic arguing that Australian software stocks have lagged the recovery seen in US SaaS names. WiseTech remains roughly 64% below its price a year ago despite trading near 22 times earnings, with the share price at approximately $32.68. Bajic expects organic revenue growth to bottom near 6% in the first half of FY27 as the company transitions from seat-based to transaction-based pricing, followed by a reacceleration. First Sentier Investors believes the logistics software provider could comfortably triple from current levels as this pricing model shift plays out.
10 Jun 2026First Sentier InvestorsPMEHeldThe manager selects Pro Medicus, describing it as a super-consistent high-growth company gaining substantial market share, with almost all revenue from the US. The manager notes it has grown from zero to 11% US market share and sees it heading toward 30%-plus, viewing it as a striker that delivers every half without bad games or downgrades, and that tends to upgrade guidance through the year.
First Sentier Investors is a large global asset manager, formerly known as Colonial First State Global Asset Management, with a long history managing Australian and international equities, fixed income, infrastructure and multi-asset strategies. Now majority owned by Mitsubishi UFJ Trust and Banking Corporation following its sale by the Commonwealth Bank of Australia, First Sentier operates a multi-boutique-style structure encompassing specialist teams such as its well-known global listed infrastructure business and Australian equities capabilities. The firm serves institutional, wholesale and retail investors across multiple markets, with particular recognition for its infrastructure and responsible investment credentials. First Sentier's scale and heritage make it one of the more established names among Australian-linked global asset managers.
General information only. Thesis Tracker reports what named fund managers have published about ASX companies. It does not take into account your objectives, financial situation or needs, and is not financial product advice or a recommendation to buy, sell or hold any security.
11,356 comments from 164 managers on 761 companies, snapshot 15 Oct 2026.
22 Sep 2026First Sentier InvestorsWTCHeldFirst Sentier Investors continues to hold a positive view on WiseTech Global, with Dushko Bajic arguing that Australian software stocks have lagged the recovery seen in US SaaS names. WiseTech remains roughly 64% below its price a year ago despite trading near 22 times earnings, with the share price at approximately $32.68. Bajic expects organic revenue growth to bottom near 6% in the first half of FY27 as the company transitions from seat-based to transaction-based pricing, followed by a reacceleration. First Sentier Investors believes the logistics software provider could comfortably triple from current levels as this pricing model shift plays out.
10 Jun 2026First Sentier InvestorsPMEHeldThe manager selects Pro Medicus, describing it as a super-consistent high-growth company gaining substantial market share, with almost all revenue from the US. The manager notes it has grown from zero to 11% US market share and sees it heading toward 30%-plus, viewing it as a striker that delivers every half without bad games or downgrades, and that tends to upgrade guidance through the year.