The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site.

All material subject to strictly enforced copyright laws. © 2020 Euromoney, a part of the Euromoney Institutional Investor PLC.
Opinion

Dye rides again

       
Tony Dye

Just when you thought it was safe to go back into the stock markets, the biggest bear on the block is back.


Tony Dye, the former head of Phillips&Drew in London and one of the highest-profile torch bearers of value investing, is establishing a hedge fund that will continue to abide by his belief that global markets are overvalued.


The long/short fund, known as Contra, is due to start up at the end of January and Dye, together with his colleague Ed Knox, is currently raising funds. They hope to start off with £200 million but would settle for £50 million. Knox, like Dye is a keen supporter of value investing, having worked for Foreign&Colonial.



Take out a complimentary trial

Take out a 7 day trial to gain unlimited access to Euromoney.com and Asiamoney.com analysis and receive expertly-curated updates direct to your inbox.

 

Already a user?

Login now

 

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree