{"id":58407,"date":"2017-06-09T08:49:03","date_gmt":"2017-06-09T12:49:03","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=58407"},"modified":"2017-06-09T08:49:03","modified_gmt":"2017-06-09T12:49:03","slug":"hedge-fund-bet-on-banco-popular-collapse-yields-maximum-gain","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/06\/2017\/hedge-fund-bet-on-banco-popular-collapse-yields-maximum-gain.html","title":{"rendered":"Hedge-Fund Bet on Banco Popular Collapse Yields Maximum Gain"},"content":{"rendered":"<p>(Bloomberg) It\u2019s the sort of event hedge funds were made for. Banco Popular Espanol SA\u2019s takeover by Banco Santander SA for a token 1 euro wiped out the troubled lender\u2019s stock and meant that, for the hedge funds betting against the bank, the gains could not have been greater.<\/p>\n<p>Among the beneficiaries are Samlyn Capital LLC and Marshall Wace LLP which pushed short positions on Popular\u2019s shares to a record high last month. Short sellers typically operate by selling borrowed stocks and buying them back at a lower price once they\u2019ve &#8212; hopefully &#8212; fallen.<\/p>\n<p><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2017-06-07\/hedge-fund-bet-on-banco-popular-s-collapse-yields-maximum-return\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Bloomberg) It\u2019s the sort of event hedge funds were made for. Banco Popular Espanol SA\u2019s takeover by Banco Santander SA for a token 1 euro wiped out the troubled lender\u2019s stock and meant that, for the hedge funds betting against [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-58407","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/58407","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=58407"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/58407\/revisions"}],"predecessor-version":[{"id":58408,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/58407\/revisions\/58408"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=58407"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=58407"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=58407"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}