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Analysts scramble to keep up with resurgent iron ore

Fresh CEO, fresh focus for Tribeca Investment fundies

Fresh CEO, fresh focus for Tribeca Investment fundies Save Share Tribeca Investment Partners money managers, major shareholders and co-CEOs David Aylward and Ben Cleary have handed the reins over to a new group chief executive so they can spend more time investing. It is understood Tribeca has recruited former Citigroup Australia and New Zealand head of equities Adam Lavis, and will task him with day-to-day oversight of the $3 billion asset manager. Former Citi operative Adam Lavis is Tribeca Investment Partners’ new CEO.  AFR Lavis’ appointment is expected to free up Aylward and Cleary, allowing Aylward to focus on Tribeca’s long-running smaller companies strategy, while Singapore-based Cleary oversees global natural resources. Aylward will also be the firm’s executive chairman.

Retail army fires silver miners higher

Retail army fires silver miners higher Feb 1, 2021 – 5.58pm Share Calls on Reddit, Facebook, and Twitter message boards over the weekend to buy silver and squeeze short-sellers helped send spot silver up 6.7 per cent on Monday, another landmark day of social media-driven trading dislocating asset prices and threatening more havoc on Wall Street. The Reddit phenomenon swept Australian silver miners higher and the commodity price to $US28.85 an ounce. Manuka Resources was up 31 per cent, Adriatic Metals 19 per cent, and Silver Mines Limited 49 per cent. Tribeca’s Ben Cleary: “Silver is a much bigger, more liquid market than the stocks.”   Mark Kolbe

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