Soros Boosts Stake In Herbalife, While Some Top Investors Exit

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Mani
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George Soros’ firm Soros Fund Management LLC boosted its stake in Herbalife, while some of the firm’s top 20 investors liquidated their positions during the fourth quarter. Herbalife’s shares have fallen significantly since December 2012, when hedge fund manager Bill Ackman announced that he was establishing a more than $1 billion short position. George Soros ups stake by nearly 80% in Herbalife As reported by ValueWalk, George Soros boosted his firm’s stake in Herbalife during the fourth quarter of 2014. According to a regulatory filing Tuesday, Soros Fund Management LLC added 1.56 million Herbalife shares during the fourth quarter. George…

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Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports

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