Hedge fund of investor who inspired The Big Short takes position on Barclays

Neuberger Berman bet worth £348,000 adds to positions against Lloyds and RBS

The American hedge fund of the investor depicted in the Oscar-winning Hollywood film The Big Short has made a bet that the share price of the British bank Barclays will fall.

Neuberger Berman’s absolute return multi-manager fund, which reports investments made by Steve Eisman, disclosed a short position against Barclays worth $455,000 (£348,000) on 31 January in US regulatory filings.

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from US news | The Guardian https://ift.tt/2OBlqm2