Reuters – Singapore commodities trader Olam is not the only stock on shortsellers’ radar – higher-profile names such as Italian carmaker Fiat and Brazilian oil group Petrobras are also being targeted.
Speaking at a conference, hedge fund managers including Chris Cooper-Hohn – the founder of The Children’s Investment Fund (TCI), U.S. shortseller Muddy Waters, and Kynikos founder Jim Chanos named stocks they saw as overvalued.
