{"id":7954,"date":"2008-06-24T00:00:00","date_gmt":"2008-06-24T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"hedge-fund-managers-betting-on-plunge-in-bank-shares","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/06\/2008\/hedge-fund-managers-betting-on-plunge-in-bank-shares.html","title":{"rendered":"Hedge fund managers betting on plunge in bank shares"},"content":{"rendered":"<p>The Independent- The American hedge fund group Harbinger Capital Partners revealed that it has made a significant bet on HBOS&#8217;s price falling, while its UK counterpart GLG admitted it is targeting the rival mortgage bank Bradford &amp; Bingley, as investors were forced yesterday to disclose their short positions to the market for the first time. <\/p>\n<p><!--proximic_content_off--><\/p>\n<p>&nbsp;<\/p>\n<p><!--proximic_content_on--><\/p>\n<p>The Financial Services Authority shocked the trading community a fortnight ago when it announced that investors would be compelled to disclose short positions of more than 0.25 per cent of share capital in companies carrying out rights issues. <\/p>\n<p>The announcements started on Friday, and continued yesterday with 20 investors, predominantly hedge funds, disclosing short positions in seven companies that are in the process of carrying out rights issues. <\/p>\n<p><a href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/www.independent.co.uk\/news\/business\/news\/revealed-hedge-fund-managers-betting-on-plunge-in-bank-shares-852879.html\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Independent- The American hedge fund group Harbinger Capital Partners revealed that it has made a significant bet on HBOS&#8217;s price falling, while its UK counterpart GLG admitted it is targeting the rival mortgage bank Bradford &amp; Bingley, as investors [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[1042,960,1040,740,753,83,107,81,1041,757,1039,886],"class_list":["post-7954","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-chicago-research","tag-fertilisers","tag-fortress-investment-group-llc","tag-lng","tag-market-abuse","tag-medallion","tag-mistrust","tag-newcastle","tag-power-amp","tag-september-11","tag-stocks-shares","tag-takeover"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/7954","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\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=7954"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/7954\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=7954"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=7954"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=7954"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}