Euronext will introduce options on Bill Ackman’s hedgefund Pershing Square. His hedgefund did an IPO on the Euronext Amsterdam last October. Can’t remember why exactly he decided to go for Amsterdam. Maybe wanted to open the exchange during his holiday trip. As of May 29th options on Pershing Square Holding will be open for trading. OptionsRead more
Hedge fund buying all the cocoa in Europe
Hedge funds are reluctant to accept their losses on the VW short squeeze. The German sportscar maker Porsche squeezed billions out of the financial Heuschrecke Not used to losing a battle against a bigger fish, hedge fund managers want the money back. Lawyers have been put to work to sue Porsche for manipulating the market.Read more
Hedge fund manager Paulson did it again. As a present day Gordon Gekko pocketing 270 million pound on short selling Royal Bank of Scotland (RBS). While this is excellent news for mister Paulson and his family – consequences for the hedge fund industry will follow shortly. “Save our banks” Politicians will point their fingers atRead more
