This Month
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
Pilbara Minerals ‘to pop’ as short sellers now target uranium
The lithium producer is no longer Australia’s most shorted stock after its exclusion from a widely tracked index, prompting hedge funds to shift their focus.
- Alex Gluyas
November
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
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
October
Inside the trade that put Regal in South Korea’s crosshairs
New details surrounding a block trade in semiconductor giant SK Hynix allow a glimpse into the high-risk, high-reward tactics beneath a mysterious strategy.
- Updated
- Joshua Peach
Phil King’s Regal Funds indicted in South Korean crackdown
In April, the firm had moved to appeal a $347,000 penalty imposed by South Korea’s financial authorities over alleged breaches of short-selling laws.
- Joshua Peach
Bronte Capital’s John Hempton rethinks hedge fund after horror month
The high-profile short seller says his firm is “not built for markets like this” after a bull run sent the firm to its worst return in more than two years.
- Joshua Peach
Goldman Sachs trading veteran jumps to the buy side
Street Talk understands cross asset specialist Andrew Vass will get his feet under the desk at GCQ next Monday.
- Sarah Thompson, Kanika Sood and Emma Rapaport
September
Former Regal healthcare PM hangs up his shingle
Street Talk understands Regal’s healthcare whizz Craig Collie is busy setting up a speciality healthcare fund with former colleague Madusha Dilshan Seneviratna.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Earnings season surprises shake up ASX short sellers
Fortescue, Woodside Energy and Pro Medicus have topped the list of companies being bet against as hedge funds rework their strategies after reporting season.
- Joshua Peach
August
‘Would be a disaster’: nervous short-sellers brace for iron ore at $US100
The Asian hedge funds targeting Australia’s largest mining stocks are looking on anxiously after the steelmaking ingredient staged a rapid rebound this week.
- Alex Gluyas
Asian short sellers are ramping up bets against Australia’s miners
Resources stocks account for almost 80 per cent of the ASX’s top 20 shorts, with traders targeting everything from uranium and lithium producers to iron ore and copper.
- Alex Gluyas
L1 Capital shorts CBA as cracks emerge
The hedge fund has become the latest to take the so-called “widow-maker” trade against Australia’s largest bank.
- Updated
- Joshua Peach
July
Citron’s Andrew Left faces US criminal charges over alleged fraud
US authorities allege that Left promoted what he said were his long or short trades, only to quickly reverse his positions, pocketing profits in the process.
- Chris Prentice
End of the road comes in two-decade saga over sandalwood group Quintis
The company once known as TFS Corporation will be split up and liquidated after KordaMentha failed to find a buyer for the entire business.
- Simon Evans
Phil King’s Regal Partners set for major payday after banner year
Soaring funds under management and strong performance pushed fees at the investment house, which has snapped up several rivals this year, to record levels.
- Joshua Peach
June
Why Regal’s Phil King is shorting CBA
The Regal Partners investment chief has made the so-called “widowmaker” trade in betting against the nation’s largest bank.
- Joshua Peach
Ellerston Capital snaps up IDP Education stake, hoping for rebound
The boutique fund manager’s Chris Kourtis told clients that the immigration restrictions weighing on the share price had created an “attractive entry point”.
- Joshua Peach
May
Regal allegedly embroiled in South Korean securities investigation
The prominent hedge fund told investors in September it was shorting stocks in South Korea, saying it was focused on “one specific bank”.
- Joshua Peach
Hedge funds are once again targeting Qantas
Almost $300 million has been bet against Australia’s largest airline, even as it attempts to repair its relationship with customers after selling tickets on flights that were already cancelled.
- Joshua Peach