Californian company will offer shares tracking athletes

2019-03-04 3,877

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Californian start-up Fantex is offering investors a unique form of public equity - shares that track the performance of star athletes. This week the company announced a deal with its second athlete, Vernon Davis, a tight end for the San Francisco 49ers. The FT's US markets reporter Arash Massoudi speaks with Lex writer Sujeet Indap about this unique development in capital markets


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