This fundie shorted WiseTech and Tesla while loading up on war stocks

30 Mar, 2025 | Australian Financial Review
This fundie shorted WiseTech and Tesla while loading up on war stocks

Minotaur Capital has demonstrated its agile investment approach through strategic positioning across global equities markets, as highlighted in the Australian Financial Review. Our Australian global equities fund has delivered impressive returns of 19.7% in the financial year to date, showcasing our expertise in hedge fund strategies and portfolio management.

Our investment management philosophy centres on rapid response to market opportunities. We successfully shorted WiseTech Global during its corporate governance crisis, with our co-founder Thomas Rice explaining:

"We like to short bad news. I have a theory that bad news travels slowly... Very few people are comfortable doing a complete 180, they're more likely to say 'let's wait for more information'," he said.

Leveraging AI technology for equity research, we process 35,000 news articles weekly to identify investment themes. This approach enabled us to quickly capitalise on European defence opportunities, building a 25% portfolio allocation within days. Our largest short position remains Tesla, with Rice noting:

"Elon Musk is destroying the brand – he's doing real permanent damage, and that's reflected in sales dropping significantly in Europe, Australia and elsewhere," Rice said.

Our portfolio spans diverse sectors from European defence stocks like Rheinmetall and BAE Systems to niche opportunities such as Japanese virtual entertainment company Cover Corp. We combine traditional investment management with cutting-edge AI technology, creating a diversified global equities strategy designed to outperform across market conditions.

To read the article, click the link below.

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Minotaur Capital Management Pty Ltd (ABN 17 672 819 975) is a corporate authorised representative (CAR 1308265) of Minotaur Licensing Pty Ltd (ABN 86 674 743 198) (AFSL 557080). The Minotaur Global Opportunities Fund is issued by K2 Asset Management Ltd (ABN 95 085 445 094, AFSL 244393), a wholly owned subsidiary of K2 Asset Management Holdings Ltd (ABN 59 124 636 782).

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