HFA Icon

Europe Braces for Activist Fund Invasion, Quindell PLC (QPP) Scares

HFA Padded
Mark Melin
Published on
Updated on
Sign up for our E-mail List and Get FREE Access to Exclusive Investment E-books and More!

As insurance claims outsourcing company Quindell PLC (LON:QPP) (OTCMKTS:QUPPF) comes under attack from short sellers, Robert Burrow, a director of the Company, speaks with his actions, not activist investor words. Burrow purchased 150,000 ordinary shares, and he and his family interests now own a total of 15,925,000 ordinary shares in the London-based firm.

Quindell

Europe prepares for new investment strategy

As the European continent prepares for a wave of new activist hedge funds, following the success of the bullying tactic in the US, the Quindell PLC (LON:QPP) (OTCMKTS:QUPPF) attack may serve as their first look at the aggressive and sometimes manipulative strategy.

Quindell: Gotham Research reported to regulators for role

The...

Login required to continue reading.

Setup a free account to get access to this article (no credit card required).

View Full Article
Already a member? Log in here
HFA Padded

Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.