Top 10 Stock Picks of NewGen Asset Management
In this article, we are going to discuss the top 10 stock picks of David Dattels’ NewGen Asset Management.
NewGen Asset Management, based in Ontario, was founded in 2009 by David Dattels, a former portfolio manager at RAB Capital and Canaccord Genuity. The firm specializes in the global resources industry, particularly metals and mining, aiming to identify the most promising advanced exploration and development stage companies.
David Dattels is the President of NewGen Asset Management. He brings extensive experience from his previous roles at RAB Capital and Canaccord Genuity Inc. David holds a Bachelor of Arts in Economics from The University of Western Ontario, where he studied from 1997 to 2001.
Newgen Asset Management LTD is a hedge fund managing discretionary assets totaling $780,950,634, as per their Form ADV dated January 2024. The firm serves nine clients and reported $233,751,290 in managed 13F securities for Q1 2024, with a top 10 holdings concentration of 68.61%. Their largest holding is Coeur Mining Inc., with 7,704,725 shares.
