BlackRock, the world's largest asset manager, has revealed it has taken an 8% stake in football club Manchester United.
The holding of 3.3m shares was revealed in a filing with the US Securities and Exchange Commission on Wednesday. That move may have confounded the short sellers who piled into the stock shortly after its IPO: research from Data Explorers conducted last August found that over 8% of the company's stock was out on loan. The club's shares subsequently struggled to make gains in Q3 2012, but now stand 20% above the IPO price of $14 a share. But the club did reportedly find one influential backer in the form of legendary investor George Soros, who was said to have built an 8% stake of his own last summer. The team is owned by an American family, the Glazers, that took over the club in 2005 and maintains control of the holding through a dual share structure. This means the family holds Class B shares in the club, which carry ten times the voting power of ordinary, publicly traded stocks. |
|
|
|
P&C Consulting Actuary | ||
London / hybrid - Negotiable |
Senior Actuarial Pensions Consultant:... | ||
Fully remote - Negotiable |
Join the Pensions FinTech Revolution | ||
Flex / hybrid - Negotiable |
Consultant - Pensions Risk Settlement | ||
Flex / hybrid 2 days p/w office-based - Negotiable |
Senior Associate - Pensions Risk Sett... | ||
Flex / hybrid 2 days p/w office-based - Negotiable |
Pricing Analyst - Specialty Insurance | ||
London / hybrid with 2 days p/w office-based - Negotiable |
London Market Capital Leader | ||
London - Negotiable |
CONTRACT: Reserving Actuary | ||
London / hybrid 2 days p/w office-based - Negotiable |
Tech GMP actuary (no prior GMP experi... | ||
Any UK Office location / Hybrid working, 1-2 days p/w in the office - Negotiable |
GMP Proposition Lead, 18 month FTC, f... | ||
UK wide 100% remote working (must be UK based) - Negotiable |
Pensions Scheme Secretarial role (PMI... | ||
London / hybrid 3 dpw office-based - Negotiable |
Move to Bermuda | ||
Bermuda - Negotiable |
Pricing Actuary - Casualty | ||
London - £85,000 to £130,000 Per Annum |
Senior Risk Actuary - Actuarial Assur... | ||
London/Hybrid - Negotiable |
Senior Risk Actuary - Matching Fund A... | ||
London/Hybrid - Negotiable |
Actuary - Investments Business Partne... | ||
London/Hybrid - Negotiable |
Investment Analyst | ||
Hybrid/London - Negotiable |
Data Science Manager | ||
South East / hybrid 2 dpw in the office - Negotiable |
NEW Opportunity - In-House Pensions L... | ||
North / hybrid 2 dpw office-based - Negotiable |
The Price Is Right - Multiple GI Pric... | ||
London - Negotiable |
Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.