Hear from Ray David, Portfolio Manager for our Large Cap Fund, discuss with the Australian Financial Review his optimistic view of the changes announced by Woolworths.
“Internal appointments are good news, as new appointments are familiar with the business and culture, most likely leading to less workplace disruption,”
“I would expect more details … on how they will improve brand perception, getting a return on investment in terms of capital expenditure and any restructuring around underperforming assets.”