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FTSE could hit 5,000, warns hedge fund boss Crispin Odey as coronavirus spooks City Odey said the disruption to the economy could lead to further dips in shares He said levels closer to 5,000 points looked ‘highly probable’ Retailers say high street shelves may soon be left empty if Chinese factories remain closed for much … Read more
Prudential bosses in shake-up talks BEFORE hedge fund called for a break-up By Lucy White For The Daily Mail Published: 21:55 GMT, 26 February 2020 | Updated: 21:55 GMT, 26 February 2020 Prudential was planning a major overhaul before US hedge fund Third Point demanded a break-up this week. The 172-year-old life insurer, which is … Read more
Hedge fund which cashed in on collapses of a string of high-profile companies bets against embattled shopping centre owner Intu By Jamie Nimmo, Financial Mail On Sunday Published: 21:46 GMT, 15 February 2020 | Updated: 13:38 GMT, 16 February 2020 London-based Kite Lake Capital took out a short position in shopping centre owner Intu A … Read more
London born hedge fund boss Sanjay Shah is suspected of swindling Danish tax authorities by setting up sham trades A London-born hedge fund boss accused of masterminding a £1.5billion tax fraud is facing one of the most expensive trials in British legal history. Sanjay Shah is suspected of devising an elaborate scheme to swindle Danish … Read more
Row over ‘fake’ 17th century masterpiece lands hedge fund boss with £4.5m bill from Sotheby’s By Mario Ledwith for the Daily Mail Published: 21:51 BST, 12 December 2019 | Updated: 21:51 BST, 12 December 2019 An American hedge fund boss has been forced to pay around £4.5million to Sotheby’s after it sold a 17th century … Read more