European Hedge Funds Say A Brexit Is Not Happening

(CNBC) While the rest of the world wonders whether the U.K. will vote to leave the European Union, one group is confident it will not. Europe-based hedge funders overwhelmingly indicated in a recent survey that they believe a Brexit won’t happen. Fully 79 percent say Britons will vote to stay in the June 23 referendum, according to a poll released Thursday by industry tracker Preqin.

With other surveys indicating a growing possibility that Britain will quit the EU, the survey results may be a product of wishful thinking as well as observation.

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