Topic: Short-selling

Last week, short sellers were in focus as Hindenburg Research released a short report about Block (the owner of Buy Now, Pay Later pioneer Afterpay). Recent data from ASIC, as reported in this article from The Age, suggests that Australia’s lithium miners have also been a target for short sellers.

Future Generation conduct an in-depth interview with Sage Fund Manager, Sean Fenton. Topics include: 1 to 5 year outlook for equity markets; portfolio construction; investing lessons from 25 years experience.

This story starts with two neuroscientists and activist short-sellers researching a company developing an Alzheimer’s drug, Cassava Sciences. It ends with a third neuroscientists, paid by the first two to investigate the company’s studies, finding a potentially deeper fraud that goes to the assumed understanding of the disease.

Whenever equity markets turn down, short selling ramps up – and so does the debate about whether it does more harm than good. In this article Future Generation CEO Caroline Gurney gets the perspective of a number of leading fund managers on if short selling offers any real value.