THE AUSTRALIAN
February 15, 2008
THE Australian Securities Exchange yesterday signalled that it would investigate allegations that hedge funds are colluding to push down the shares of major Australian companies.
ASX head of supervision Eric Mayne yesterday said he would be investigating market rumours that hedge funds were working together in packs to target specific companies.
article by: Glenda Korporaal and Adele Ferguson | February 15, 2008
...more http://www.theaustralian.news.com.au/story/0,25197,23215571-643,00.html
cheers
asx probes hedge collusion
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