Australian mining assets on attack list

Moves by hedge funds to pressure US companies into selling their offshore assets could free up investment opportunities here.

They call it ‘re-homing’ and it’s a strong trend just now, where US multinationals sell overseas assets and re-invest the money in a newly emboldened American economy.

In the resources sector the trend comes with a twist where hedge funds often aggressively target US multinational resource companies, forcing them to accelerate their wider plans.


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