Element Capital’s Jeffrey Talpins bets on the stock market – Financial Times
Element Capital founder Jeffrey Talpins bet that the rally in global stock markets this year had gone too far, telling investors this week that he had moved the hedge fund’s $ 16 billion in assets to take advantage of imminent declines.
Element took what it called a “significant short position” in equities, focusing primarily on European equities, according to an Aug. 18 letter to investors…
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