A Sydney-based hedge fund calls a ‘bottom’ for software stocks, buys beaten down names
GCQ Funds Management, a Sydney-based hedge fund has declared that a “bottom” is in place for the sell-off seen in software stocks globally. The fund, which manages over A$2 billion in assets, purchased A$200 million ($143 million) worth of tech stocks during the sell-off. To fund this purchase, GCQ sold some of its top-performing holdings,
