From Australia's Financial Review:
A HEDGE fund run by an arm of the world's largest agriculture company, Cargill, has increased its stake in the unlisted agricultural company BFB Group, which has reported another solid full-year profit.
The fund, Black River Asset Management, increased its stake in the $186 million unlisted agricultural land and logistics company by more than $11 million, signalling that profitable Australian agriculture is still on the radar for the world's biggest fund managers.
BFB, which purchased the prized Billabong Station in the Eurongilly Valley, east of Wagga Wagga, NSW, last year, reported a $3.7 million profit for 2012....MUCH MORE