This Month
L1’s activist fund is making investors and boards take notice
The hedge fund’s catalyst strategy has returned 42 per cent since its 2021 inception, and portfolio manager James Hawkins is eyeing up L1’s next target.
- Alex Gluyas
May
Bond returns are back and Pimco is ‘excited’
The $2.9 trillion fund manager is buying up Australian government bonds, among other things, betting that the Reserve Bank will need to cut rates less than the Fed. They are also wagering on the US housing market and consumer.
- Cecile Lefort
- Exclusive
- Hedge funds
John Hempton laments return of meme machine Roaring Kitty
Before being hit by last week’s meme-stock rally triggered by an online stock promoter, Sydney hedge fund manager John Hempton was having a great year.
- Aaron Patrick
Airlie’s Emma Fisher is making her next big bets
Mineral Resources and Reece have been career-defining picks. This year, she’s sold down CBA and is going large on one of the most shorted stocks on the ASX.
- Sarah Jones
How Sage Capital is making money from other investors’ panic
Veteran hedge fund manager Sean Fenton has no qualms going against the crowd, buying ResMed after its collapse in 2023.
- Joanne Tran
April
ASX activist HMC Capital takes aim at GrainCorp
HMC Capital has revealed a position in GrainCorp, marking the group’s fourth public bet from the highly concentrated Capital Partners Fund.
- Updated
- Joshua Peach
This top-performing fundie is all-in on ASX gold stocks
Vasilios Piperoglou believes gold stocks will “multibag” in the coming months, and says Collins St Asset Management value fund has a portfolio full of potential winners.
- Alex Gluyas
The biggest market risk you’re probably not thinking about
Insight Investment’s Francesca Fornasari says investors cannot ignore currency markets, especially Australians who are sending billions of dollars overseas.
- Jonathan Shapiro
From Aware Super to Blackwattle, how Tim Riordan is making money
The former equities boss says strategic alignment is key when looking at stocks to buy, and is expecting more M&A, having already picked one of the year’s top takeover targets.
- Joanne Tran
‘We still have an inflation problem’, says NAB’s Catril
Rodrigo Catril at National Australia Bank is confident the RBA will lower the cash rate this year, but the job market needs to weaken first.
- Cecile Lefort
March
This hedge fund is backing bets Citadel and Millennium won’t touch
Multi-strategy hedge funds have swept the globe hoovering up talent into their highly levered investing style, but this New York-based fund can go where they can’t.
- Joshua Peach
This hedge fund is betting big on La Nina’s return
Farrer Capital says looming weather changes could lift Australian cattle prices by up to 50 per cent, it also likes the look of South African maize.
- Cecile Lefort
Pendal small caps sleuths reveal their next winners
After three years of keeping a low profile, investing duo Lewis Edgley and Patrick Teodorowski say they’ve been busy “kicking tires” and generating alpha.
- Sarah Jones
The old-school fund making big money from ‘cigar-butt’ trades
Despite self-proclaiming to be among the “world’s worst sellers”, this Collins St fund is banking major returns in unlikely areas of the market.
- Joshua Peach
February
This fundie says Domino’s Pizza is a better bet than the big four
Vertium Asset Management’s Jason Teh has an eye for companies in a turnaround phase – and his gaze is now firmly set on Domino’s and Fisher & Paykel Healthcare.
- Joanne Tran
Why an American dynasty is tapping Aussie investors for money
The Cordish family have built up protected wealth across the US by placing their faith in ambitious private equity start-ups. They also have big bets on the consumer.
- Jonathan Shapiro
This fundie is making money on bond price errors
Laura Ryan at Ardea Investment Management does not care what the RBA does with interest rates. Her job is to find inefficiencies in government bond prices.
- Cecile Lefort
Here’s what the top economic forecaster predicts for 2024
Warren Hogan has been named the AFR’s best economic forecaster for 2023, after being the only economist out of 29 to accurately predict five rate rises last year.
- Cecile Lefort
January
Short nothing and long lithium: the hedge fund breaking all the rules
Auscap’s Tim Carleton and Will Mumford’s long-only bets generated strong returns for their fund last year. They are also not worried about the Pilbara Minerals short sellers.
- Joshua Peach
Fairlight’s newest recruit, Abbey Cook, is betting big on beauty
The fund manager explains why she is so bullish on one US retailer and what she learnt from co-founding homegrown hedge fund VGI Partners with Rob Luciano.
- Joanne Tran
