Namibia: Hedge Funds – Namibia’s Hope to Increase Market Capitalization and Liquidity
Arney Tjaronda, 10 May 2021
Over the course of years, Hedge funds has been a driving force for the Johannesburg Securities Exchange (JSE) market. They have been nicknamed the miracle boy of the JSE due to its performance, so much so that in 2020 alone- despite the pandemic-the Single Manager Composite Index was +6.19% (HedgeNews Africa, January 18, 2021). How is that so? Before answering that question, I will define what hedge funds are.
Definition of hedge funds Continue reading “Article: Namibia: Hedge Funds – Namibia’s Hope to Increase Market Capitalization and Liquidity”
Where short sellers meet ESG
THE MARKET EAR, 30 March 2021
Sustainable investments have seen accelerated trends during the last five years. ESG- screening and ESG compliance ETFs enormous inflows have created a huge demand for clean and “green washed” stocks, that consequently received huge valuation premium to the overall market. This is certainly a long-term trend, but the last year hype has now cooled down with popular stocks like PLUG, RUN, ENPH, NOVA having corrected by between 35% and 60% from their highs (PLUG needs to gain 120% to break even for those long at highs…). Continue reading “Article: Where short sellers meet ESG”
Meme stocks loom large in the CSA’s short-selling review
James Langton, 22 March 2021
When a group of retail traders used Reddit to gleefully gang up on a handful of hedge funds in January, giving birth to the concept of “meme” stocks, they cranked up an already simmering debate about proper public discourse related to trading. In Canada, a consultation regarding activist short-sellers is the focus of that debate.
Late last year, the Canadian Securities Administrators (CSA) published a consultation paper on the role and regulation of activist short-sellers — traders who publicly air their negative views on the stocks they’re shorting.
Defenders of the practice maintain that vocal short-sellers are the only thing standing between unrelenting upside hype and ordinary investors — i.e., their skepticism and scrutiny help expose corporate fraud and misconduct, aiding naive regulators and investors alike. Continue reading “Article: Meme stocks loom large in the CSA’s short-selling review”