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How Milford trebled its money on this ASX tech darling

Cecile Lefort
Cecile LefortMarkets reporter
Updated

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When Life360, the popular family-tracking app, revealed earlier this year that it would introduce advertising to its platform, fund manager Roland Houghton was ecstatic.

After years of watching the stock, Houghton knew the strategy was the catalyst he had been waiting for so he swiftly doubled down on his investment. The shares hit a record high this week.

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Cecile Lefort is a markets reporter based in the Sydney newsroom. Email Cecile at cecile.lefort@afr.com

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