London Hedge Fund Founder Arrested, Charged For Manipulating The Rand | Fin24
The arrest of Glen Point Capital co-founder Neil Phillips for alleged foreign-exchange market manipulation threatened to ripple throughout the hedge fund
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The arrest of Glen Point Capital co-founder Neil Phillips for alleged foreign-exchange market manipulation threatened to ripple throughout the hedge fund
Phillips was charged with conspiring to manipulate the US dollar-South African rand exchange rate in late 2017.
At least four-fifths of Pamplona Capital Management’s funds come from Mikhail Fridman’s LetterOne
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