Janus Henderson European Smaller Companies Fund on Better Collective A/S
Thesis
The fund initiated a new position in Better Collective, a digital sports-media company serving iGaming operators. The managers like its expansion into the high-growth predictions market and believe the shares continue to trade at an attractive valuation. The investment case combines exposure to a growing adjacent market with a valuation the fund considers compelling. ([Better Collective][14])
“We like Better Collective’s potential as it has expanded into the high-growth predictions market, and the stock has continued to trade at what we consider to be an attractive valuation.”