Tag Archives: corp-ltd
Base metals hit hard as hedge funds unwind
The Australian – CMC Markets senior dealer Matthew Lewis said base metals were hammered in New York and London overnight on Wednesday as hedge funds liquidated their holdings. "There is growing concern about the slowing of global growth and the […]
Short sellers hack into Fortescue
News.com.au- Iron ore tycoon Andrew Forrest is under attack from international hedge funds in a co-ordinated short-selling blitz against his Fortescue Metals Group — a campaign that has caused the company’s stock, and the executive’s paper fortune, to slump by […]
Hedge fund calls top of cycle
Sydney Morning Herald- The ownership structure of some of Australia’s largest mining companies could be set for a major change after New York hedge fund Harbinger Capital Partners has indicated it believes commodities prices could be nearing their peak. Harbinger, […]