Brexit will be key for players next year
Company takeovers can be unreliable but being on the right side of one has propelled this Fantasy Fund Manager to the weekly £100 prize.
Jackson Read, a 25-year-old from Southend-on-Sea, turned around the performance of his Jacko Cap portfolio, which rose from £94,993 to £107,372 this week, pushing him into the top 350 players overall.
Despite being a stock market trader, Mr Read is unable, for compliance reasons, to invest his own money in the stock market. “The Telegraph competition offers me a way to test myself against others,” he said.
He struck big by holding Signature Aviation, an aeroplane manufacturer. Shares in the company rose by 50pc after private equity firm BlackStone Group put in a $4.3bn (£3.2bn) bid for the firm.