Category Archives: Iron Ore

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.