Regal Partners will add two key executives to its investment committee and limit the size of positions its listed funds will take as it urges its backers to stick with a high-octane trading strategy after a double-digit loss.
The firm’s veteran stockpicker, Phil King, fronted a strategy forum on Wednesday, telling investors that while he was disappointed about the last month, he was confident about the future and longer-term returns.
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Joanne Tran is a markets reporter for The Australian Financial Review in the Sydney newsroom. Connect with Joanne on Twitter. Email Joanne at jo.tran@afr.com
Jonathan Shapiro writes about banking and finance, specialising in hedge funds, corporate debt, private equity and investment banking. He is based in Sydney. Connect with Jonathan on Twitter. Email Jonathan at jonathan.shapiro@afr.com
