Paragon’s hope of remaining Australia’s top equity fund received a huge boost in September after its long-short strategy rode the blistering rally in precious metals to a mammoth 36 per cent return.
The commodity-focused hedge fund topped Morningstar’s list of the country’s best stock-pickers for the 2025 financial year, achieving the rare feat of doubling investors’ money. And a bumper start to the new year lifted its rolling 12-month return to 141.3 per cent through the end of September.
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