GameStop

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…

With markets as frothy as they are, you need to find the misfits – and play your cards close to the chest. It helps to be away from the pack. It often takes an outsider to reveal the idiosyncrasies of Australian society. The same can be true of its financial services. Adam Leitzes, founder and…

ASX finishes at record high, The Reject Shop downgrades, energy leads the week The ASX200 (ASX: XJO) broke 7,300 points for the first time, ultimately finishing up 0.5% on Friday and 1.6% for the week; three consecutive records. On Friday it was 4X4 parts supplier ARB Corporation Limited (ASX: ARB) and Origin Energy (ASX: ORG) leading the way, jumping 6.3% and…

The NZ Superannuation Fund (NZS) has put new money in two US alternative asset strategies including a hedge fund operated by legendary firm Citadel and a direct private equity play in the communications infrastructure market.

US markets could halve settlement times by 2023 in a move aimed at dramatically cutting margin costs and reducing risk, according to financial infrastructure provider The Depository Trust & Clearing Corporation (DTCC). The DTCC proposal released in the wake of the GameStop brouhaha that highlighted margin bottlenecks in the system would see US securities trading…