(Bloomberg) A hedge fund manager mentored by George Soros said recent volatility in equity markets in Australia and globally offer opportunities for stock pickers, the Australian newspaper reported. In a world of high frequency algorithmic trading and index funds, stocks had become “commodities,” but there is opportunity for fundamental stock pickers, Scott Bessent, who started Key Square Group in 2016 with $2 billion from Soros’ family office, said in an interview with the Australian at the Sohn Hearts & Minds Investment Conference in Melbourne on Friday.
Soros Protégé Sees Opportunities for Stock Pickers
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