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The shares of London-based property developer are down by roughly 20% this year

Hedge Funds

Hedge Funds Correspondent

Hedge fund Millennium International Management has doubled its bet against City property developer, The British Land Company, as the UK housing crisis deepens.

Millennium has a 1.75% net short position on The British Land Company, up from 0.90% on 11 August, the latest disclosure to the UK’s Financial Conduct Authority shows.

Hedge fund Millennium doubles British Land short position as UK property crisis rolls on

Bilal Jafar

British Land

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Find out who is on the move in the City and beyond this week

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Indexes were lower in Europe’s morning trade, as markets digested hawkish comments from the Fed’s Powell which left investors blindsided, Richard Hunter, Head of Markets at Interactive Investor, said.

European Indexes Fall on Slower U.S. Rate Cut Projections

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