$7,800,000,000 Asset Manager Piles Into Three Assets, Outlines Several ‘Massive’ Industry Disruptors
Description
The CEO of a $7.8 billion asset manager says his firm is investing in three companies poised to drive transformative advancements in healthcare, financial data and AI. Aureus Asset Management chief executive Thad Davis tells Barron’s that his firm has piled into Thermo Fisher Scientific (TMO), believing that the firm is in a position to become the “Amazon-type” supplier for healthcare firms. “It provides all the materials, equipment and supplies a lab environment would need. If you ever watch th...
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