More British Hedge Funds Say May Have to Move After Brexit

(Reuters) Over thirty percent of British hedge funds say they are uncertain about remaining in the UK following Britain’s vote to leave the European Union according to an industry survey, a larger proportion than immediately after the referendum.

Of 276 hedge fund managers surveyed by industry tracker Preqin in November, 24 percent said they were now uncertain about staying in the UK, up from 17 percent in July. Another 6 percent said they were actively considering moving, compared with 3 percent previously.

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