Sunday, 2 August 2015
Last updated 1 day ago
Jan 18 2011 | 3:03pm ET
D.E. Shaw Group doesn't think much of the economic recovery, at least when it comes to Barclays.
The New York-based hedge fund giant has built up a big short position in the British bank, it disclosed. The 0.26% short bet is currently worth about £100 million, The Telegraph reports.
Barclays shares lost 5.4% last year but are up an impressive 17.5% this year.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…