Yesterday
Eight ideas on how to play a roller-coaster sharemarket
Uncertainty abounds – will global tariffs make a return? How far will a China trade war go? But some of our biggest investors are seeing big opportunities.
This Month
Market rout hits $97b and investors fear there are billions more to go
Brokers and fund managers said the Trump administration’s tariffs were threatening to turn into a full-blown economic crisis as global markets plunged.
ASX braces for capitulation after $9trn wiped from Wall Street
The country’s major asset managers and hedge funds will suffer historically large losses when the market opens, compounding a difficult year with poor returns.
With global markets in turmoil, big super faces an epic stress test
The major funds will get a chance to prove they can handle the turbulence. But the financial system’s vulnerabilities have shifted from banks to pensions.
Singapore’s GIC to acquire $1b-plus stake in NSW’s Transgrid
UTA’s sale has played out in parallel with fellow shareholder OMERS’ negotiations to sell a 19.99 per cent stake, acquired for $2 billion-plus in 2020, to the Future Fund.
What bond managers expect from Trump’s tariffs
Australian bonds may be stuck in the middle of Trump’s trade war, but some fund managers expect the deteriorating growth outlook to spur a rally in bonds.
KKR corrects a correction
It took KKR three tries to clear up the mess it made of its own ASX announcements.
March
These fundies outperformed this quarter thanks to gold and small caps
From the Trump administration’s tariff plans to the first rate cut in almost five years, it has been a turbulent three months. These investors have prospered.
Hedge fund veteran Michael Hintze on the rise of machines, and returns
It has been a year since the billionaire investor sold his storied London fund. Now he’s back with a new fund in the midst of a rapidly shifting market.
Pengana freezes fund redemptions as it braces for big Opthea loss
The firm’s unlisted high-conviction equities strategy is more than 44 per cent invested in healthcare stocks. The biotech has warned it could be insolvent.
Microequities AM buys stake in edtech Global IT Factory
It marks the first time that Global IT, founded a decade ago, has taken external capital.
Regal’s listed funds slash value of biotech Opthea by two-thirds
The hedge fund run by veteran stockpicker Phil King has told investors that the eye treatment play is worth 20¢ per share. It is the company’s largest investor.
Roc Partners debuts multi-strategy PE fund with $160m seed portfolio
Continuation funds, that are set up private equity firms to prolong their stay at promising portfolio companies, are among Roc’s top avenue for generating deals for the new fund.
Investors fret over clinical trial failure’s hit on Regal funds
Phil King’s investment firm was the largest shareholder in Opthea, the eye treatment play that could become insolvent after a poor medical result.
Sydney VC firm calls in forensic experts, police at start-up StrongRoom AI
EVP has called in legal and forensic accounting experts to plough through the financial accounts of StrongRoom AI, which makes software for pharmacies.
Geoff Wilson’s new LIC crosses $100m in commitments
Wilson has been powering through a roadshow and has until April 11 to hit the $510 million target spelled out in the prospectus.
Metrics hits back at critics, says there’s plenty of money flowing in
The private credit giant held a conference call with investors after a big financial planner recommended advisers sell their funds.
Gold rush hits fever pitch as fundies spruik 100pc gains
Australian investment managers are scrambling to advertise their new funds after the precious metal topped $US3000, creating a windfall for mining stocks.
Dexus Airport Fund raising to bid for 9.7pc of Melbourne, Launceston airports
Should DWAF’s bid be successful, it would be helping four investors – including two other Dexus-run funds – take money off the table.
Regal chief executive Brendan O’Connor dumps $3.4m in fund’s shares
The sale represented about 10 per cent of his holdings in the funds management business founded by stockpicker Phil King and came despite a share slump.