By Frances Ivens2018-10-26T00:00:00
US hedge fund increases bets on fall in share prices of two listed property companies, according to FCA filings
The US fund, headed by activist shareholder Paul Singer, declared short positions in both companies last month and has now nearly doubled its bets on a fall in the share prices of the two listed companies, according to filings with the Financial Conduct Authority.
As Property Week went to press on Wednesday evening, Elliott had bets equivalent to 1.21% of the market value of British Land and 1.3% of the value of Landsec, up from 0.7% and 0.8% just over a month ago.
You must be logged in to view premium stories.
Take out a print and online or online only subscription and you will get immediate access to:
To get access to premium content subscribe today
Alternatively REGISTER for a free trial to access up to 4 articles and sign up for email alerts