Birdwatch Note Rating
2023-01-22 20:13:23 UTC - HELPFUL
Rated by Participant: 47427FB50480500610E5402A72AEFB4CF1D64E0080688579BE983D05D869EFEF
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