Tag Archives: prudential


M&G’s Dobell blasts ‘selfish’ hedge funds

Times Online – One of the most senior fund managers at Prudential has attacked hedge funds as selfish and devious and blasted derivatives as “the scourge of the modern age”. Tom Dobell, who manages the £3 billion Recovery Fund for […]

Hedge fund makes £13m short-selling Aviva

Independent – Lansdowne Partners, the hedge fund, has made almost £13m from a short position in Aviva – and stands to make more if the beleaguered insurer announces a rights issue. The London-based investor has had a net short position […]

Hedge funds target insurers

The Australian – Some of the City of London’s shrewdest hedge fund investors, who made millions of pounds betting that UK bank shares would fall, have turned their guns on insurers amid heightened worry about the financial strength of the […]

Fund managers put up billions to back cash calls

Times Online – Some of Britain’s most powerful fund managers are setting aside billions of pounds to fund cash calls from sound companies hamstrung by a lack of bank lending. Investment bankers say that they have been inundated with calls from […]