Forum Archive Index - May 2000
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[sharechat] Soros reducing worldwide investments - ADV?
The news from the US of A is that George Soros, the
multibillionaire financier known for his high-risk
global investments, has abandoned that strategy after
two of his top managers resigned over $5 billion in
losses in the volatile Nasdaq stockmarket.
Soros has invested in ADV and it would be interesting
to see whether he pulls out.
I am sure I have also heard (on TV or in the
newspapers) that some large NZ institution (possibly
Armstrong Jones) was reducing its stakeholding in ADV.
Perhaps other readers have more information on this.
Timothy
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