Blue Whale's Yiu sells Amazon following 'immense' inflationary pressure

Stock 'violates' his investment thesis

Lauren Mason
clock • 2 min read
Blue Whale's Stephen Yiu

Blue Whale's Stephen Yiu

Stephen Yiu, manager of the £1.1bn Blue Whale Growth fund, has axed his entire stake in Amazon from the portfolio following increased inflationary pressure.

Yiu, who has held Amazon in the fund for four years until now, stated during the first global lockdown in May 2020 that the firm was a "net beneficiary" of the Covid-19 pandemic, given that it operates...

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