Category Archives: Australian Eagle

Australian Eagle Trust Long Short Fund returns -1.76% for December 2019, +29.80% for CY2019, +19.45% p.a. since inception (Jul16)

Portfolio Overview – Dec 2019 The Fund returned -1.78% net of fees for the month of December 2019. The portfolio’s largest positive contributions for the month came from long positions in Fortescue Metals Group and Pushpay Holdings and a short position in Whitehaven Coal while largest detractors were long positions in Treasury Wine Estates, Japara […]

AFR article – CIO Sean Sequeira interview – Australian Eagle FY19 Long and Short position winners

Australian Eagle Asset Management’s Sean Sequeira recorded a 16.27 per cent return for his long-short fund, after fees, and 19.23 per cent before fees.

Fortescue was a winner: the stock has more than doubled this year.

“The improvement of their cashflows was still not recognised by the market,” he recalled.