NEWS
Fidelity President: ‘Short Sellers Are Mines of Information’
Anthony Bolton, president, Investments at Fidelity International, wrote an op ed in the Financial Times in which he questioned the ban imposed on short selling by the U.K. Financial Services Authority. He stresses the importance of short sellers. “Regulators should recognise the skill with which some hedge funds read the approaching disaster and try to learn something from them . . . . For the regulator the most useful lessons can be learned from the extensive research that underpins the short-selling of financial stocks.”
