GQG, Regal and WAM funds hammered in market’s Red October
Investors pulled another $10 billion from GQG’s strategies in October, while other top fund managers were left nursing double-digit declines over the month.
Investors pulled another $10 billion from GQG’s strategies in October, while other top fund managers were left nursing double-digit declines over the month.
Hedge fund Regal has formalised portfolio management responsibilities across eight funds ahead of Phil King’s retirement.
From medical technology to mining hopefuls, Australia’s top fund managers have been caught holding the ASX’s hottest stocks for too long.
As Phil King prepared to retire, several Regal funds began to lift their cash piles or dial down leverage should the hedge fund be hit by a wall of redemptions.
Not a strongman CIO but an eight-person investment committee, housing Regal’s heads across all asset classes, is a big part its vision.