Birdwatch Note Rating
2023-01-23 22:01:04 UTC - HELPFUL
Rated by Participant: 3937EDC8B1290648EBD6F07C674442534DBAC765EDBBE2D40937DB857FB66A3B
Participant Details
Original Note:
Theleme hedge fund sold MOD stock at the same time it bought SCHW stock as part of portfolio management, no proceeds were passed to fund investors. https://hedgefollow.com/funds/Theleme+Partners Liability on capital gains is incurred at point of fund asset investment sale, not at point of individual fund holdings sale. https://www.gov.uk/capital-gains-tax
All Note Details