This Month
New short-attacker’s five-day window to kill a greenwasher
Meet the hedge fund duo launching “short attacks for good”, trying to tank environmental frauds, shonks and spruikers and save the planet for their kids.
How the Australian bond market became a hedge fund haven
Australia has the highest bond rates in the developed world and a central bank battling to slay inflation. It’s a great set up for traders.
Beware ‘the mother of all short squeezes’ brewing on Wall Street
Hedge funds are sitting on their biggest bet against US stocks in years, so any piece of good news could unleash an explosive rally in the sharemarket.
NextDC’s Craig Scroggie is geared for growth and going for broke
The data centre operator is rated a buy by every analyst who covers it, but hedge funds are reloading their short bets. The tension is around funding.
Ackman’s Pershing Square seeks up to $14b in IPO
Bill Ackman has had a long-term strategy to reach a broader base of investors, with a vision inspired by Warren Buffett’s Berkshire Hathaway.
The bull case for (investing in) war is alive and well
Time and time again, big shocks to the sharemarket have been quickly forgotten. There are plenty of investors betting the Iran conflict is no different.
Short interest surged ahead of Wagners family sell-down
Short interest in the $841 million construction materials group rocketed ahead of a sell-down by family owners and directors earlier this month.
Hedge funds close software shorts as rebound gathers steam
Arnott Capital, Minotaur and Totus are among a group of hedge funds that have called time on the popular trade and are now looking for opportunities elsewhere.
Short sellers on ASX swoop on Treasury Wine, Domino’s and GyG
Just six months ago, hedge funds were targeting lithium and uranium stocks. But thanks to a commodities boom, they are now betting on shrinking household budgets.
Deeps reassembles the Goldman Sachs band at Catalyst
Deepan Pavendranathan has hired former Goldman Sachs colleague Andrew Kam to join his investments team as a vice-president.
L1 goes for gold with new listed investment company; roadshow underway
The $16.5 billion fund manager is pursuing an initial public offering for a new ASX-listed gold and precious metals investment company.
February
L1 Capital seeks major stake in tin explorer Elementos
Hedge fund L1 Capital is seeking a 19.9 per cent stake in an ASX-listed explorer with projects in Spain and Australia.
Inside the $12b fund using AI to trade the Federal Reserve
Suhail Shaikh has lived through a feast and famine at the $12 billion global macro shop and has learnt to lean into winning trades and ditch the bearish bent.
L1’s bet against profitless tech stocks fuels massive returns
The hedge fund’s new global strategy has returned 92 per cent net of fees since it launched at the start of last year. Here’s how they did it.
Garry Hounsell needs more than a laser to fry this Grizzly
You can throw the lawyers at short sellers, but that’s not how you win investors’ hearts and dollars.
Hedge funds finally cash in on their bets against Corporate Travel
Totus Capital and Solaris are enjoying huge paydays after buying back borrowed shares in the beleaguered company significantly below its latest traded price.
From buyout darling to basket case, the Healthscope bill has arrived
Financial engineering has capped a stunning fall from grace. But it also raises an important question: should the public purse be used to underwrite hedge funds?
This earnings season, even a 1pc miss will be fatal
The shock absorbers are gone in Australian shares, and stock prices are swinging wildly.
Caledonia limps back after zero return in December half
Caledonia’s co-investment vehicles for property listings website Zillow and betting business Flutter Entertainment are significantly down.
The 15pc sell-off investors didn’t see coming
GrainCorp’s third profit downgrade in four months provided the knockout blow.
