We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Caveat lender

15 February 2006 By Robert Cyran

Hong Kong hedge funds have succeeded where US funds failed using borrowed stock to scupper a deal where they already had a short position. That was hardly in the interests of the stock’s underlying owners, who should remember that voting rights have value too.

This content is for Subscribers only


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)