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Hedge funds

This Month

Arbor Capital backs homegrown scuttlebutt research firm targeting PE

The venture capital upstart has taken a minority stake in expert research platform Networks X.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
Barrenjoey now provides mergers and acquisitions advice, capital markets underwriting, equities research, prime brokerage and fixed-income services.

Barrenjoey equities partner exits the Vertical Village

Street Talk understands founding partner Ben Scott has abruptly left the firm and the Chris Williams-led team.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
Phil King of Regal Partners John Hempton of Bronte Capital are among the short sellers hit by Trump’s decisive election victory.

Phil King, John Hempton hit as Trump rally burns short sellers

Australia’s highest-profile hedge funds have posted falls amid a wave of investor euphoria flooding global markets since the president-elect’s shock victory last month.

  • Joshua Peach
The late David Haines was a pioneering hedge fund manager and amassed a significant fortune before his death last year.

Late billionaire David Hains’ sons go their separate ways

People close to the family said that the split of assets was amicable. One son of the pioneering hedge fund manager has quietly started his own family office.

  • Primrose Riordan
Paul Rayson, Hearts and Minds Investments CEO.

Former abrdn chief heads to Hearts & Minds

The move comes weeks after HM1 hosted high-profile investment leaders at its Sohn stock-picking conference in Adelaide.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
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Star stock picker Rajiv Jain is for the first time on the back foot over his $US10 billion bet on Adani.

Investors pull $1.5b from GQG amid Adani allegations

The Adani bribery charges have sparked a “snap change” in client flows for the fund manager and research analysts are cutting their price targets.

  • Alex Gluyas and Jonathan Shapiro

November

Competition Minister Andrew Leigh is pushing for shareholder disclosure changes.

Treasury plan could end era of shareholder secrecy

A workaround exploited by billionaires and hedge funds to secretly build positions in listed companies could be extinguished if a legislative change succeeds.

  • Jonathan Shapiro
Markets are loving Trump 2.0 – for now.

This one man will decide where history-making markets go next

After two years of returns above 20 per cent from the world’s biggest sharemarket, investors find themselves relying on Scott Bessent to keep the good times rolling.

  • Updated
  • James Thomson

Five ASX stocks short sellers are targeting

Hedge funds are ditching their long-held bet against Pilbara Minerals and hunting for the sharemarket’s next big short target.

  • Joshua Peach
Citadel Advisors founder and CEO Ken Griffin.

Citadel’s Ken Griffin ‘very anxious’ about Trump tariffs

The billionaire hedge fund titan said protectionist policies were a “slippery slope” but that America was back to the “business of business”.

  • Nishant Kumar
Richard Coppleson of Bell Potter Securities in Sydney.

The world according to Coppo and why he thinks MinRes is a ‘screamer’

The sharemarket veteran talks the best and worst calls of his career, what he’s been buying and selling, and where to next for the ASX mining giants.

  • Updated
  • Sarah Jones
Chris Kourtis, of Ellerston Capital, says things will improve at embattled fund manager Perpetual.

Eleven stock tips from Sohn to get you through 2025

Presenting in Adelaide on Friday, top investors pitched their ideas for how to make big returns from the sharemarket over the next 12 months.

  • Joshua Peach, Jonathan Shapiro and Daniel Arbon
Happy days for Elon Musk after the surge in Tesla shares made him $US50 billion richer.

Hedge funds shorting Tesla just lost almost $8b

It’s been a painful time for those betting against the carmaker and Elon Musk with the stock rallying 30 per cent since Donald Trump’s election victory.

  • Ishika Mookerjee
Sigma Healthcare’s deal to buy Chemist Warehouse will have index funds chasing a small pile of stock.

Chemist Warehouse/Sigma squeeze spicier than a Guzman y Gomez burrito

Hold on to your hats! Chemist Warehouse’s arrival on the bourse serves as a case study in the dark arts of index inclusion.

  • Anthony Macdonald
Andrew Formica, the chairman of Magellan.

Magellan paid up big for its Vinva acquisition, accounts show

Financial year 2024 accounts show Magellan paid a punchy multiple for its $138.5 million global equity acquisition.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
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Regal co-founds Phil King says the ‘passive bubble has popped’ and is betting on a rebound in small caps.

Is an ASX small-cap bull run upon us? Phil King thinks so

The Regal Partners CIO is one of several fund managers betting the “passive bubble” driving large-cap shares higher this year may finally have popped.

  • Joshua Peach

A hedge fund manager’s four tips for avoiding death by shorting

“Stocks that are 80 or 90 per cent down, they can get just a little bit of good news and then double,” Plato’s David Allen warns hedge fund hopefuls.

  • Joshua Peach
Louise Mylott, Morgan Stanley’s head of equities, says it’s the buy side that keeps the lights on when times are tough.

The demise of the sell side has been greatly exaggerated

The sell side has felt the pain of falling fees for years. Now it’s their fund manager clients who are feeling the squeeze.

  • Jonathan Shapiro
Crispin Odey, the founder of OAM.

UK watchdog plans action against Crispin Odey over sexual misconduct

Hedge fund boss Crispin Odey was the subject of a series of assault claims in 2023 that plunged the firm he founded into turmoil.

  • Leonard Kehnscherper

October

Under pressure: Chris Ellison’s MinRes is among the largest positions in L1’s Long-Short Fund.

Hedge fund L1 buys up Mineral Resources during the scandal sell-off

The investor lifted its stake in the troubled miner to 6.5 per cent in the same week that fellow shareholder AustralianSuper sold down its position.

  • Alex Gluyas

Original URL: https://www.afr.com/topic/hedge-funds-huk