Hedge funds snap up 60% of bargain RBS shares
Speculative investors such as hedge funds stocked up on as much as 60% of the shares released in yesterday's RBS sale as they took advantage of the bargain price offered by the government.
UK Financial Investments (UKFI), the body that holds the stake in RBS on behalf of the government, confirmed that 40% of the shares were bought by long-term investors, such as pension funds. The remaining...
More on Markets
Back to Top
