Source: iStock
This article explore how the GameStop shorting squeeze frenzy is forcing many long-short managers to re-think about their strategy. While this herding behaviour from ‘main street’ investors is a real risk for long-short funds, it remains to be seen whether it will eventually impose a structural threat. The article finds that the risks are much greater in small and mid-cap names and particularly in a narrow equity market like Australia. To know more, click here
