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US hedge fund reportedly dumps its entire stake in Barclays

February 18, 2019

Via: CNBC

U.S. hedge fund Tiger Global Management has sold all of its stake in British bank Barclays, according to a report by the Financial Times.

The New York-based hedge fund had been one of the top 10 investors in Barclays and held a stake of 2.5 percent in the bank.

It, however, started reducing its position last summer before selling the entire stake this year, the FT reported on Sunday citing anonymous sources.

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