Peter Hambro said that his family fund had taken an Apprentice-style approach to choosing new investments Micha Theiner/CityAM/REX/ShutterstockPeter Hambro has joined Roman Abramovich and Jon Moulton on the shareholder register of a company behind an organic weedkiller. Weedingtech uses hot water and a natural foam to kill weeds, avoiding the use of glyphosate, the basis of most weedkillers, which the European Union is considering banning — to the consternation of companies such as Monsanto. Mr Hambro, who this year was ousted by activist investors from Petropavlovsk, the Russian goldminer he founded in 1994, said that his family fund had taken an Apprentice-style approach to choosing new investments. “I have a farming business as well and glyphosate is a very contentious issue in the farming community. Roundup [Monsanto’s product] has been the lifeblood of the farming industry for a long time and losing…

Source: The Times October 19, 2017 06:00 UTC