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Evening Standard
Evening Standard
Business
Daniel O'Boyle

GB News owner’s fund makes millions from short position as NatWest shares slide

A hedge fund led by the owner of GB News has made millions from shorting NatWest stock as the bank’s shares fell in the wake of the controversy over Nigel Farage’s bank account.

Sir Paul Marshall’s hedge fund Marshall Wace has a 0.59% short position in NatWest, according to regulatory filings first unearthed by the Telegraph. The fund has held a short position against NatWest since the Spring, and has pared back its bets slightly in recent months.

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