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Alex Gerko Is Shutting Down His Old Fund at Center of Tax Loss

Source: Bloomberg

Legal & LitigationInvestor Sentiment & Positioning

Billionaire Alex Gerko is shutting down the investment partnership at the center of a long-running UK Supreme Court dispute over levies on historical trading profits, effectively closing the case. The move signals continued caution around the partnership’s fallout and related investor positioning, though there are no new quantified financial terms disclosed in the report.

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mildly negative

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-0.12

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