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Wolves in fleece jackets: Gen Z faces dark side of Reddit rebellion Normal text size Advertisement Day trader and freelance writer Will Bennett might not look like a rebel, but he is part of an army of Gen Z retail investors shaping markets and rocking hedge funds. Bennett, 26, is one of the thousands of younger traders who have banded together in recent weeks to storm the “Bastille of Wall Street”, as he puts it, and put a stop to short sellers preying on companies and retail investors. Will Bennett helps moderate a popular Facebook trading forum. Credit:Arsineh Houspian “The people wh...

Is it time to rethink currency hedging strategies? By Stan Shamu 15 December 2020 The Australian dollar is one of the more volatile international developed market currencies. Despite this, for those willing to take unhedged offshore equity positions over the past decade, the Australian dollar’s trend has been very favourable, having fallen from around US$1.10 during the 2011-12 European sovereign bond crisis to around US$0.73 currently. Looking out over the next three to five years, one needs to consider whether that tailwi...