► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs<br /><br />A Financial Times investigation reveals Tiger Global, one of the world’s largest hedge funds, has used Cayman Islands-based shell companies to make large bets against at least 12 European companies since 2012. Miles Johnson, hedge fund correspondent, explains the background to the trades.<br /><br /><br />The latest global markets overview <br />http://www.ft.com/markets<br /><br />Click here for more FT Markets videos<br />http://video.ft.com/Ft-Markets<br /><br />For more video content from the Financial Times, visit http://www.FT.com/video<br /><br />Subscribe to the Financial Times on YouTube; http://goo.gl/vUQx5k<br />Twitter https://twitter.com/ftvideo<br />Facebook https://www.facebook.com/financialtimes