Hedge Fund Making 20% a Year For Last Decade Targets Uranium M&A [Yahoo! Finance]
QANTAS AIR LTD S/ADR NEW (QABSY)
NASDAQ:AMEX Investor Relations:
qantas.com/travel/airlines/investors/global/en
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Source: Yahoo! Finance
Most Read from Bloomberg How Long Can High Rates Last? Bond Markets Say Maybe Forever Jain Global Raises $5.3 Billion, Secures Cash From Abu Dhabi BuzzFeed Struggles to Sell Owner of Hit YouTube Show ‘Hot Ones' Nvidia Sales Grow So Fast That Wall Street Can't Keep Up Tech Hits Stocks as Nvidia Extends Selloff to 13%: Markets Wrap Melbourne-based L1 Capital's flagship Long Short Fund is up 20% per annum since inception, the best performing Australia-based strategy for that 10-year period, according to data compiled by Zenith Investment Partners, a research firm. While NexGen's stock struggled this year after a 53% surge in 2023, L1's head of research Amar Naik says he isn't tempted to trim the position. “It's such a strategic asset that once they get their final approvals, it's a very high likelihood that it would be a good takeover candidate for one of the majors,” said Naik in an interview in Melbourne. L1 Capital was founded by Raphael Lamm and Mark Landau in 2007,
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