Hedge Fund News From HedgeCo.Net

Hedge Funds Wager $3bn on The Pound Plunging This Year Amid no Deal Brexit Fears in The City

(Opalesque) Hedge fund bosses, including Crispin Odey, are wagering billions on a slump in the pound as bets against the currency reach their highest level in over a year. A 2.8bn bet against the pound has been taken amid no-deal Brexit fears, Nomura data have indicated. Mr Odey told The Sunday Telegr.

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