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Fiat and Petrobras among hedge funds’ top short picks

Reuters – Singapore commodities trader Olam is not the only stock on shortsellers’ radar – higher-profile names such as Italian carmaker Fiat and Brazilian oil group Petrobras are also being targeted.

Speaking at a conference, hedge fund managers including Chris Cooper-Hohn – the founder of The Children’s Investment Fund (TCI), U.S. shortseller Muddy Waters, and Kynikos founder Jim Chanos named stocks they saw as overvalued.

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