Hedge funds

Article image
US hedge fund billionaire sells Netflix stake at huge loss
Bill Ackman’s Pershing Square fund dumps 7% stake for $400m loss after streaming service’s value plunges

Kalyeena Makortoff

21, Apr, 2022 @8:14 AM

Article image
Sir Chris Hohn urges shareholders to vote against ‘greenwashing’ bank directors
Call comes as thinktank says the world’s 30 largest financial institutions are undermining their net zero targets

Helena Horton Environment reporter

25, Mar, 2022 @6:00 AM

Article image
‘Milestone year’: in its 150th year, the Co-op Bank can see a brighter future
Back in profit for the first time in a decade and its scandals behind it, its eyes are turning to a merger or flotation

Kalyeena Makortoff Banking correspondent

24, Feb, 2022 @7:20 PM

Article image
Extinction Rebellion donor leads world’s top-performing hedge fund
Chris Hohn’s TCI fund, known as one of the most aggressive activist investors, made a 23% gain in 2021

Rupert Neate Wealth correspondent

17, Jan, 2022 @1:58 PM

Article image
Billionaire Tory donor receives £56m from hedge fund, accounts suggest
Filings for Brevan Howard Asset Management show allocation to highest-paid member – likely to be fund’s co-founder Alan Howard

Rob Davies and Jasper Jolly

11, Jan, 2022 @7:00 PM

Article image
Taylor Wimpey shores up defences against US activist investor
Third-largest British housebuilder targeted as Elliott Advisors salivates over the UK homes sector

Julia Kollewe

08, Jan, 2022 @4:00 PM

Article image
Billionaire Tory donor knighted in new year honours list
Boris Johnson accused of ‘wrong priorities’ after David Winton Harding given award for services to philanthropy

Rowena Mason Deputy political editor

31, Dec, 2021 @10:30 PM

Article image
Activist hedge fund furious after ‘juvenile’ attack by activist investors
Fund pushing for breakup of Shell scathing about ‘underhand’ methods that led to resignation of its London-based chair

Jasper Jolly

23, Dec, 2021 @4:33 PM

Article image
This tax loophole costs $180bn a decade. Why won’t Democrats close it? | Robert Reich
The sole reason the ‘carried interest’ loophole survives is fierce lobbying by the private equity industry

Robert Reich

14, Dec, 2021 @11:10 AM

Article image
New York billionaire seeks permission for ‘temple for a titan’
Investor Bill Ackman is trying to win approval for a controversial penthouse overlooking Central Park

Rupert Neate Wealth correspondent

15, Nov, 2021 @5:20 PM

Article image
Walmsley needs a fast-acting remedy for GSK’s malaise
With just a few years to turn the group around, the boss could do without a bellicose hedge fund breathing down her neck

Julia Kollewe

23, Oct, 2021 @11:05 PM

Article image
Second hedge fund pushes for change in leadership of GSK
Bluebell Capital takes stake in pharma giant and puts pressure on Emma Walmsley

Julia Kollewe

22, Sep, 2021 @5:52 PM

1 / 46 pages