Bgl has almost 4 times as many funds as class super ,they were a bit slower in getting into the cloud but i understand this area of their business is ramping up very quickly.Talk in the marketplace is that class would like to merge with bgl ,i very much think this would not happen as the price tag on this would be in excess of $1.5 billion based on the fact that bgl has more than 430,000 funds they look afer .This figure just shows how absurd the market is currently valuing class.
CL1 Price at posting:
$3.88 Sentiment: None Disclosure: Not Held