New York (HedgeCo.net) – Politics and hedge funds seem to be colliding in every corner of the world right now. With the Presidential campaigning in the United States just getting started for the 2016 election, several hedge fund managers are have publicly come out in support of one candidate or another.

While the U.S.’s election is still over a year away, the recent election in Canada has the potential to open up investment opportunities for hedge funds and specific industries. Two industries in particular that could see changes are the oil sands industry and the cannabis industry.

Meanwhile the election in Argentina over the weekend has seen some hedge funds get their hopes up about collection on Argentina’s sovereign debt. President Cristina Kirchner’s eight-year rule will come to an end and that has some analysts forecasting that progress will be made in the ongoing battle between hedge funds and the South American country.

Across the Atlantic, several top hedge fund managers are backing campaigns in support of the England exiting the European Union. According to an article in The Independent, two of the five richest fund managers in Britain are already involved and other managers plan to do so in the coming months. The reason the hedge fund managers are backing the so called Brexit is quite clear—there would be fewer restrictions on their industry and they stand to save a lot of money.

Rick Pendergraft
Research Analyst
HedgeCoVest