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Bronte Capital CEO John Hempton believes the ASX is a target-rich environment for short sellers, and that a potentially imminent “post-bubble environment” will bring better days for the fund. It’s been a tough few years for Bronte Capital, which – like many other hedge funds – has suffered from a period of pretty lacklustre returns…
Australia in rare air, ASX hits another record, Keypath IPO falls flat The ASX 200 (ASX: XJO) has taken the mantle of overseas markets, hitting another record on Wednesday after moving 1% higher. The energy sector was the biggest contributor with the oil price hitting a two-year high in overnight trading, sending the entire sector up 4%…