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. 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…
Europe Braces for Activist Fund Invasion, Quindell PLC (QPP) Scares
Mark Melin
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.