Sydney Morning Herald – High-flying hedge funds are increasing their bets there will be more corporate takeovers in Australia – but they insist retail investors need to do a lot more homework than simply following suit in a frothy market.
With the benchmark index S&P/ASX 200 up 9.2 per cent for the year to date and flirting with the 6000-point mark – coupled with a healthier corporate landscape – investment experts believe the market is ripe for takeover activity and the lists of candidates is building.