“I’m very firmly in the ‘we’re nowhere near the bottom’ camp,” said Bronte Capital founder John Hempton, whose hedge fund featured in the best-performing strategies of 2021-22.
Phil King thinks inflation has peaked, and the market is littered with great buying opportunities.Fellow hedge fund manager and Regal’s chief investment officer, Phil King, who had two strategies inside the top 10, expects the US equity market to bottom over the next month or two, but finish the year higher.
For other commodities such as copper, neglected avenues of new supply and increasing demand will drive gains into the 2030s, keeping Regal’s super cycle forecast firmly intact, he believes. and some weakness in demand, we think the resource sector will come out the other side stronger than ever.”Top returner Perennial attributes its success to valuation boosts from private growth stage businesses such as mattress and furniture company Koala,Portfolio manager Ryan Sohn described the low-interest rate environment and cost blowout amid a shortage of top talent as a “perfect storm” for the subsequent falls witnessed across the market in private valuations.
“If you’re a business that is relying on the capital market to grow, and you’re loss making, and the only way to survive is to keep getting capital in, that could be difficult.” Good businesses would always attract capital, he said.Holdings in the Perennial fund are largely private, but it says it has maintained a conservative valuation policy.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Top fund managers warn more pain ahead for equities, iron ore“I’m very firmly in the ‘we’re nowhere near the bottom’ camp,” said Bronte Capital founder John Hempton, whose hedge fund featured in the best-performing strategies of 2021-22.
Read more »
Miners embark on tough reporting season as commodities slumpInvestors have been warned to trim their exposure to the mining sector as iron ore’s slump to double figures underscored a broader commodity crunch.
Read more »
Think the cost of living crisis is bad now? Australia’s treasurer warns it will get worseTreasurer Jim Chalmers has warned families will be in for a tough economic time in coming months, ahead of an expected rise in inflation. 7NEWS
Read more »
‘Hero diamonds’ form basis of Tribeca’s new $50m fundJewellery scion Margot McKinney and Tribeca portfolio manager Ben Cleary have raised $50 million to turbocharge their new hard asset diamond fund.
Read more »
UK declares national emergency: Red ‘extreme heat’ warning issuedA red ‘extreme heat’ warning has been issued for parts of UK with temperatures expected to soar to record levels next week, with a top of 40C forecast in London on Tuesday.
Read more »