Predictions

Filed in archive Hedgetalk on January 3, 2007

"A hedge-fund manager will buy Aston Martin this year."

That wasn't me, but I tend to agree with Bloomberg columnist Matthew Lynn. He said.....

"Ford Motor Co. has already put its world-beating luxury-car unit Aston Martin up for sale. The hedge funds are awash with money and have been snapping up all sorts of interesting companies. London-based RAB Capital, for example, just took control of the A1 Grand Prix motor-racing business.

"London's loaded hedgehogs love to drive around in their shiny new Astons. What better synergies could there be than owning the company that makes them? You can sell it to the investors as a great deal and have fun messing around in the factory at the same time."