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Pirate fund directors try repelling rebel putsch

Liam WalshReporter
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Directors of an embattled fund named after a dead pirate have tried spooking investors away from a rebel shareholder purge, arguing it could trigger further financial losses.

The fightback from the board of ASX-listed Benjamin Hornigold, named after an 18th-century Caribbean buccaneer who died in a shipwreck, comes amid wider scrutiny of a string of Brisbane-based, pirate-themed operations.

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Liam Walsh writes on investigations and companies with The Australian Financial Review. He has won multiple media awards, worked in Japan and is now based in Brisbane. Email Liam at liam.walsh@afr.com.au
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    Original URL: https://www.afr.com/companies/financial-services/pirate-fund-directors-try-repelling-rebel-putsch-20190508-p51l8n