Investment fund scoops up more of Scorpio Bulkers

Investment fund scoops up more of Scorpio Bulkers

Monaco: Investment manager Wellington Management has raised its share in New York-listed Scorpio Bulkers by almost 3.45m shares, a US SEC filing says.

The company now owns 18.2m shares or 10.1% of the Monaco-based bulker operator, worth around $38.1m at today’s closing price of $2.09.

According to a SEC filing from December 2014, Wellington owned 14.8m shares or 8.2% of the company.

Holly Birkett

Holly is Splash's Online Editor and correspondent for the UK and Mediterranean. She has been a maritime journalist since 2010, and has written for and edited several trade publications. She is currently studying for membership of the Institute of Chartered Shipbrokers. In 2013, Holly won the Seahorse Club's Social Media Journalist of the Year award. She is currently based in London.

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