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Hedge funds divided on CSL as Perpetual and Pendal place opposing bets
Joshua PeachMarkets reporter
Two hedge funds on either side of Perpetual’s multibillion-dollar buyout of fellow asset manager Pendal have taken opposing views on the outlook for one of Australia’s largest and most widely held stocks – CSL.
A Perpetual long/short fund, managed by the firm’s star stock picker Anthony Aboud, recently exited a short position on the healthcare giant, The Australian Financial Review can reveal.
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