REA Group is one of the great Australian start-up success stories. Begun in a Melbourne garage in 1995, REA now operates in six countries and employs over 1000 staff. Its residential property platform realestate.com.au is Australia’s leading online property site, and the company also has interests across Asia, Europe and the US.
Jamie Nicol, Portfolio Manager for DNR Capital’s Australian Equities High Conviction Fund tells Informed Investor more in the accompanying video.
Key points in the video:
- Why DNR is bullish on REA Group (ASX: REA)
- REA’s position in the current housing market
- New products and services the company is introducing and how DNR sees them playing out
- REA’s expansion prospects, both local and global.
Jamie Nicol is the Chief Investment Officer as well as a Director at DNR Capital. Jamie has over 25 years’ experience in the financial services industry. As a founding member of DNR Capital in 2001, Jamie led the development of the investment philosophy and process, and the establishment of the investment team. He has been actively involved in the portfolio management of clients’ funds since the company’s inception. He is a senior member of the DNR Capital Investment Committee and is also responsible for investment strategy, portfolio construction and stock selection, investment process enhancement and management of the investment team.
Jamie has a Bachelor of Business—Accounting (Distinction) from Queensland University of Technology, Bachelor of Economics from The University of Queensland and is a fellow of the Australian Institute of Chartered Accountants.