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...Melvin Capital to wind down funds The hedge fund founded by Gabe Plotkin that lost billions of dollars during last year’s meme-stock rally, has told clients it plans to return cash to investors after a difficult...
...He cites a range of misdemeanours, from Marks and Spencer selling large-sized clothes in styles “too matronly and dowdy”, to B&Q, the DIY store, gaining a perception of being more expensive than its local...
...Mr Melvin said pension funds were prepared to take on a more active role – a pledge given weight by the recent wave of investor rebellions at companies such as Marks and Spencer, Tesco and Prudential....
...Colin Melvin, chief executive of Hermes Equity Ownership Services, says creating a two-tier voting system is not the way to solve the problem....
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