The Globe and Mail Larry MacDonald Published April 15, 2021
It looks like small investors can compete against institutional and professional investors after all.
That may be one of the takeaways from the recent collapse of Archegos Capital Management. The money manager’s failure also highlights regulatory gaps that allow stocks to be unduly influenced, the potential for hidden short squeezes and investment opportunities among Archegos’s pummelled stocks.
First, consider an investment made by Archegos, the Canada Pension Plan Investment Board (CPPIB) and Alberta Investment Management Corp. (AIMC). All three acquired large stakes in GSX Techedu Inc. , a firm operating in the highly competitive Chinese online education market.