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Sun Apr 5, 2020, 04:48 PM

Jacob Rees-Mogg's investment firm set to make fortune from the coronavirus crisis

EXCLUSIVE: Somerset Capital Management, which the MP co-founded, says market volatility offers a “once or twice in a generation” opportunity to make “super normal returns”
The MP owns at least 15 per cent of a company investing in businesses hit by falling share values.

Somerset Capital Management says investors have a “once in a generation” chance of “super normal returns”.

Mr Rees-Mogg stood down as a director of SCM to become Leader of the House of Commons. SCM said it was focusing on clients’ long-term security.
As millions face financial misery, SCM managers are buying into businesses where valuations have tumbled – but should bounce back. Potential gains of 500 per cent are touted.
Investments so far include private hospitals in Brazil, pharmacies in South Africa and a firm behind a scanning device which checks if people are wearing masks in China.


The other "once or twice in a generation opportunity" would be Brexit. That's evidently on the back burner for now.

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Reply Jacob Rees-Mogg's investment firm set to make fortune from the coronavirus crisis (Original post)
Denzil_DC Apr 2020 OP
Karadeniz Apr 2020 #1

Response to Denzil_DC (Original post)

Sun Apr 5, 2020, 06:00 PM

1. So happy for them...would love to hear their explanation on the Other Side...

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