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Copy link Copied Copy link Copied Subscribe to gift this article Gift 5 articles to anyone you choose each month when you subscribe. Already a subscriber? Login The chairman of fund manager Magellan said the $75 million spent buying up options linked to one of its share strategies was a sound call that warded off an activist campaign led by Nick Bolton and Antony Catalano who profited handsomely from their options gambit. Keybridge Capital, the company controlled by Mr Bolton and which counts Mr Catalano as a director, received a near $17 million windfall profit from the campaign when its 178 million options were acquired by Magellan.
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