MARKET REPORT: Rottweiler sinks teeth into feeble Ted Baker just days after profit warning
An aggressive activist hedge fund has raised its stake in Ted Baker days after the ailing retailer put out a profit warning. Toscafund, founded by Martin Hughes who is known in the City as ‘the Rottweiler’, has bumped up its holding from 5.9 per cent to 11.9 per cent. While activist investors are often something … Read more