Lord Rothschild takes Ł130m bet against the euro

The Telegraph
Aug. 20, 2012

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The member of the banking dynasty has taken the position through RIT Capital Partners, the Ł1.9bn investment trust of which he is executive chairman.

...RIT, which Lord Rothschild has led since 1988, had a -7pc net short position in terms of principal currency exposures on the euro at the end of July, up from -3pc at the end of January. Given a net asset value of Ł1.836bn at the end of July, the position is worth Ł128m.

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