Hedge Funds

Activist Samuel Terry records strong run on ASX small-cap bets


Activist investor Samuel Terry Asset Management posted another strong quarter, driven by several bets on small-cap stocks and Australian gold miners that comfortably outperformed the broader market.

The Samuel Terry Absolute Return Fund, which oversees around $1 billion in assets, notched a 6.2 per cent return, against the All Ordinaries Index’s 5.3 per cent, according to its latest quarterly update to investors.

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