breaking news Marshall Weiss bets £100m against Tesco - Business News lastminute news

Mayfair-based hedge fund Marshall Weiss has emerged with a £100 million bet against Britain's biggest supermarket Tesco.

breaking news Marshall Weiss bets £100m against Tesco - Business News lastminute news

Mayfair-based hedge fund Marshall Weiss has emerged with a £100 million bet against Britain's biggest supermarket Tesco.

22 Mayıs 2022 - 01:00

Mayfair-based hedge fund Marshall Weiss emerges with £100m bet against Britain’s biggest supermarket Tesco

Mayfair-based hedge fund Marshall Weiss has emerged with a £100 million bet against Britain’s biggest supermarket Tesco.

The Secret Fund, run by Sir Paul Marshall and Ian Weiss, is using so-called ‘short’ contracts to make money when the share price falls.

The situation is disclosed in official data published by the Financial Conduct Authority, which requires hedge funds and other short-sellers to publish their share.

Pushed Around: Tesco has been one of the most resilient stocks on the market through the pandemic and is considered a solid investment compared to its smaller rivals.

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