Business
Top hedge fund manager banned over ‘market manipulation’ – Sydney Morning Herald
Another blow for top Sydney hedge fund Regal Funds Management with ASIC banning a former senior staffer.
As part of his portfolio-manager role, Mr Rands managed trading in Clearview Wealth Limited shares, which were held in several Regal funds.
Mr Rands pattern of trading involved purchasing Clearview Wealth shares, which had the effect of increasing or restoring…
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