Shares in Barclays have fallen 40 per cent in the first half, during which time Sherborne has increased its holdingThe activist investor Sherborne is still committed to pushing for change at Barclays, despite a slump in the bank’s share price hurting its own value. Sherborne, which owns almost 6 per cent of Barclays, said its intention was to “continue its dialogue with Barclays for as long as it appears to be appropriate to do so”. The New York-based investment firm, which is run by Edward Bramson, posted a drop in net asset value to £351 million at the end of June from £546.3 million six months ago after it was hit by the slump in Barclays’ share price. Barclays shares have fallen 40 per cent in the first half of the year, during which time Sherborne nudged up its holding in the bank to

Source: The Times August 20, 2020 11:03 UTC