FRANKFURT (Thomson Financial)- Hedge funds are increasing pressure on Hypo Real Estate Holdings AG’s management after the real estate financier’s share price slumped in the past two months, weekly Capital reported in its online edition citing a hedge funds representative.
A representative of the hedge funds, which together hold about 20 pct in Hypo Real Estate, said they are ready to act.
He added that so far open criticism has not been uttered in order to avoid a further slide of the share price but stressed that consequences are called for if the stock value does not improve.
