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Simon Hoyle has been a finance journalist for more than 25 years – a finance journalist because the football and motorsports rounds at The Age were filled when he was awarded a cadetship. He worked on BRW and Personal Investment magazines, and was part of the team that launched Money Management. Hoyle spent 11 years at the Australian Financial Review before moving on to be an investment writer for The Sydney Morning Herald and The Australian.
The Sandon Capital Activist Fund delivered a 1.5% return for October, bringing total returns (net of all fees and expenses) since inception to the equivalent of 13.1% per annum. Cash levels ended the month at approximately 21%.
Chinese shares plunged Monday on weak Chinese manufacturing data -- and this corresponds to a similar contraction in U.S. manufacturing.Can high inventory level