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US investment firm AQR Capital Management puts short position on St James's Place
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According to data from the Financial Conduct Authority, AQR took out a 0.7% position against SJP on Monday (15 July). This is the latest publicly listed bet against the wealth manager, with three other firms currently holding active shorts on SJP. The existential threat at the heart of Britain's biggest wealth manager Connor, Clark & Lunn Investment Management has had a 0.6% position since 17 June, while Millennium International Management took out a 2% call on 30 May and Marshall Wace, a 0.5% call on 21 May, according to data from FE fundinfo. Over the past yea...
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