Regal Funds Management’s long short strategies managed to beat the market during the most volatile reporting season on record in August, thanks to some big calls on Zip Co and Singapore telecommunications company Tuas, and founder Phil King’s bullish bet on the mining industry.
The Australian long short equity strategy, overseen by King, Regal’s chief investment officer, and portfolio manager Jovita Khilnani, climbed 3.5 per cent last month. That beat the benchmark S&P/ASX 300 Accumulation Index’s 3.2 per cent return.
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